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