Talk of The Villages Florida - View Single Post - Loss of Supermarket at Lake Sumter Landing
Thread: Loss of Supermarket at Lake Sumter Landing
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Old 01-19-2025, 10:18 AM
BrianL99 BrianL99 is offline
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Quote:
Originally Posted by mraines View Post
My understanding is the Developer gets a cut of the profits as well as rent.
Retail Leasing "rent" typically includes 4 components, fixed rent, CAM, taxes and % of revenue above base.

Fixed Rent is usually a price per square foot.

CAM = Common Area Maintenance charges.

Taxes = proportionate share of property taxes.

% above base = The Lessor typically gets a small percentage of the gross revenue, after a "base" number (1% of revenue after $5M, or whatever it may be).