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12 Cards in this Set

  • Front
  • Back
major tenants
anchor stores
the area from which you expect to attract customers
trade areas
are sections of land that can be used for industrial business locations
industrial parks
areas that suffer from lack of employment opportunities
enterprise zones
the person who pays rent to occupy space owned by someone else
tenant
the person who owns and rents out buildings or space
landlord
the tenant pays rent each month for the space occupied, and the landlord covers all property expenses for that space
gross lease
occurs when the landlord pays building insurance, and the tenant pays rent, taxes, and other expenses
net lease
the tenant pays rent each month, plus the landlord receives a percentage of the tenant's revenue each months
percentage lease
are companies that sell products and services to businesses. also, called suppliers
vendors
an estimate for how much you will pay for the merchandise or service
quote
the quantity of goods and materials on hand
inventory