What Happens When the Anchor Tenant Moves and You Are On a Ten-year Lease?
Recently there was an article in the Houston Business Journal of the anchor store in many shopping centers through out Houston pulling out. Kmart, took out some stores, so did three other big box stores and a few consumer electronics places and larger furniture stores, now Albertson's has left. Who gets hurt? The franchise stores who pay a high price and lease to be in those centers along side a big anchor tenant. Think about it, Albertson's with their large super stores with Banks in side, Starbucks coffee, bakery, mini eating area, film developing and pharmacy. Soon in Western States where property and land permit, on site carwashes too and also some already have fuel for your car, when you are a club card member. What if you had an MBE, Quiznos, Subway, Dry Cleaning, Travel Agency (as if things are not bad enough already), GNC, Hobby Town, Cost Cutters, etc.
If your anchor tenant moves out and traffic dies in the shopping center you are screwed. Right now it is tough on some small businesses that are not serviced based and mobile, but imagine the problems when the mall dies for no reason, due to an accounting glitch or cost cuts by some larger corporation which is your anchor tenant. And do not expect anyone to care, because Albertson's is based in Boise ID and CA. Kmart is Midwest, and this is not like the Kreisge's 5 and Dime in the old days, today it all about quarterly profits, shareholders equity, next months P and L and man they do not give one darn about the burned area left behind. Other large retailers are based in the middle of no where, like Wal-Mart in Bentonville AR, and they often move to better locations right out side of town in a growing area and close the other stores. Are you sure you want to sign a ten-year lease for space? Not me. That might be the longest and hardest ten years of your life.
You might want to think about the risks before you sign away ten years worth of lease payments to a shopping center management company. You might want to consider a reduction if the anchor tenant suddenly pulls out or an escape clause at your choosing. Think about it, others didn't and they are still paying.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
 Google News Updated : Sat, 05 Jul 2008 18:55:12 GMT Study suggests serotonin plays a role in SIDS - Los Angeles Times
Los Angeles Times - Mice who overproduced the brain chemical showed symptoms similar to those of the infant syndrome before they died. By Wendy Hansen, Los Angeles Times Staff Writer Mice genetically engineered to overproduce the brain chemical serotonin died at an early ... SIDS Linked to Brain Chemical Dysfunction Chance discovery points to crib death cause Publ.Date : Sat, 05 Jul 2008 07:03:56 GMT African Union Weakened by Summit Inaction on Zimbabwe - Voice of America
Voice of America - By Peter Heinlein The African Union's reputation suffered a setback during the past week when its leaders faltered in the face of Robert Mugabe's blunt challenge to democratic norms in Zimbabwe. Q&A: Zimbabwe's disputed election Recognise me as Zimbabwe president or no talks: Mugabe Publ.Date : Fri, 04 Jul 2008 18:02:07 GMT Target: Barack Obama. Strategy: What Day Is It? - New York Times
New York Times - By PATRICK HEALY Despite a three-month head start, Senator John McCain has struggled to solidify lines of attack against Senator Barack Obama for the general election, Republican operatives say and some of his own advisers acknowledge, running into ... US candidates practise their U-turns Obama Predicts Political ‘Realignment,’ Tries to Put Montana in Play Publ.Date : Fri, 04 Jul 2008 23:37:50 GMT European Bonds Post Fourth Weekly Gain on Interest Rate Outlook - Bloomberg Bloomberg - By Anchalee Worrachate July 5 (Bloomberg) -- European two-year government notes rose for a fourth week, the longest winning streak since February, as traders pared bets policy makers will lift interest rates again this year after raising them two days ... Fighting Inflation, Europeans Raise Rate Bernanke's French Lesson Publ.Date : Sat, 05 Jul 2008 07:22:39 GMT 2 fires still raging along Calif.'s Central Coast - The Associated Press
The Associated Press - BIG SUR, Calif. (AP) - Cool, damp weather early Saturday helped crews gain ground on the huge wildfire that wiped out this coastal retreat's holiday tourist trade, allowing some personnel and gear to be shifted to a growing blaze farther south Nearly ... Video: Wind Keeps California Wildfires Raging Gov. sending in troops to fight Cal wildfires Publ.Date : Sat, 05 Jul 2008 18:01:11 GMT Barack Obama now wears his patriotism on his lapel - Los Angeles Times
Los Angeles Times - Jae C. Hong / AP FLAG-WAVER: Sen. Barack Obama and daughter Sasha are onlookers at an Independence Day parade in Butte, Mont. Tired of having his patriotism questioned, the Democratic candidate has made Old Glory a major visual element of his campaign. In Montana, Obama Tries to Rally Support on Iraq In Montana on the Fourth, a Barometer of Obama's Chances Publ.Date : Sat, 05 Jul 2008 06:25:05 GMT Obama and Clinton, Together Again - Washington Post
Washington Post - By Jonathan Weisman BUTTE, Mont. -- Putting their money where their mouths are, Barack Obama and Hillary Rodham Clinton will appear together three times over two days next week, raising money for each other and further advancing the Democratic cause of ... Obama and Clinton Will Raise Funds Together Next Week in NYC Obama, Clinton to hold joint fundraisers in NY Publ.Date : Sat, 05 Jul 2008 17:26:50 GMT Add RSS Feeds To My Web Pages |
PARLOT::Ebooks, Scripts,
Websites, and more... Every real estate investor dealing in rental homes has done... Read More The rise of venture leasing and lending has created an... Read More Car leasing is extremely popular because it provides an attractive... Read More In 2003, venture capitalists and investors dispensed over $18 billion... Read More When you see the phrase "joint and several" in a... Read More According to the Equipment Leasing Association ("ELA"), U.S. businesses lease... Read More Working with tenants can be an amazing experience. (Owners and... Read More What exactly is a contract?By definition, a contract is an... Read More How do you fix a price point for an apartment?... Read More So, you've decided that you want to lease that next... Read More For business owners who need working capital now there is... Read More According to Pricewaterhouse Coopers, investment by institutional venture capitalists in... Read More Leasing is a perfectly viable and legitimate way to finance... Read More Some people choose to lease a car rather than buying... Read More Craig Berman beamed noticeably after completing his board presentation. Berman,... Read More Every year, thousands of business owners and financial managers are... Read More In her third Harry Potter novel, ?The Prisoner of Azkaban?,... Read More Recently there was an article in the Houston Business Journal... Read More "If it can be manufactured, it can be leased." For... Read More In the last article we looked at a few of... Read More Leasing has become a preferred form of equipment financing, accounting... Read More Many lessees enter into lease transactions that they believe are... Read More The residual income from owning rental properties may bring more... Read More Most great generals know how to design winning battle plans.... Read More In today's rapidly changing business environment it makes sense to... Read More
Adsense
websites
Landlord Tips And Tricks
Ten Ways Start-ups Use Venture Leases And Loans To Generate Millions
Smart Car Leasing for Beginners
Venture Leasing - A Smarter Way To Build Enterprise Value
Lease Contracts - The Meaning of Joint and Several
Ten Ways to Save a Bundle on Your Next Lease
True Tenant Tales, Volume One
Basic Things You Should Know About A Lease Purchase Contract
Pricing Your Apartments
Terms to Know Before Leasing A Vehicle - Leasing Jargon Simplified
Explore An Effective Revolutionary Approach To Traditional Business Financing
Venture Leasing: Startup Financing On the Rise
Lease or Buy? That is Always the Question with Car Financing
What to Consider Before Leasing a Car
How Venture Leasing Added Millions To A Startups Equity Value
Insiders Guide to Snaring the Best Lease Deal
Dodging Leasings Grim Reaper: Navigating a Payment Default
What Happens When the Anchor Tenant Moves and You Are On a Ten-year Lease?
Increase Your Business Growth and Cash Flow Through Equipment Leasing
With a Lease, The Devil Is In The Details
How To Choose An Equipment Leasing Company
Interim Rent: Equipment Leasing?s Trap Door
So You Want to be a Landlord?
Using Equipment Leasing as a Competitive Weapon
The Leverage of the Lease
Affordable and Reliable Web Hosting Starting at $4.49/Month
With a Lease, The Devil Is In The Details
In the last article we looked at a few of... Read More
How Venture Leasing Added Millions To A Startups Equity Value
Craig Berman beamed noticeably after completing his board presentation. Berman,... Read More
Warning - This Lease Might Explode Any Minute
Mike Caringi, owner of a small New Jersey business that... Read More
Terms to Know Before Leasing A Vehicle - Leasing Jargon Simplified
So, you've decided that you want to lease that next... Read More
What Happens When the Anchor Tenant Moves and You Are On a Ten-year Lease?
Recently there was an article in the Houston Business Journal... Read More
Interim Rent: Equipment Leasing?s Trap Door
Many lessees enter into lease transactions that they believe are... Read More
Getting Your Venture Lease Approved
Each year venture capitalists fund more than 2,500 start-up companies... Read More
Dodging Leasings Grim Reaper: Navigating a Payment Default
In her third Harry Potter novel, ?The Prisoner of Azkaban?,... Read More
Ten Ways to Save a Bundle on Your Next Lease
According to the Equipment Leasing Association ("ELA"), U.S. businesses lease... Read More
Basic Things You Should Know About A Lease Purchase Contract
What exactly is a contract?By definition, a contract is an... Read More
True Tenant Tales, Volume One
Working with tenants can be an amazing experience. (Owners and... Read More
Landlord Tips And Tricks
Every real estate investor dealing in rental homes has done... Read More
Equipment Leasing Blunders That Can Cost Your Firm a Mint
Rod McHenry, the financial vice president of a document imaging... Read More
The Lease And Purchase Option
If you have an investment property, should you rent it... Read More
Explore An Effective Revolutionary Approach To Traditional Business Financing
For business owners who need working capital now there is... Read More
Ten Ways Start-ups Use Venture Leases And Loans To Generate Millions
The rise of venture leasing and lending has created an... Read More
Pricing Your Apartments
How do you fix a price point for an apartment?... Read More
Using Equipment Leasing as a Competitive Weapon
Most great generals know how to design winning battle plans.... Read More
Ten Equipment Leasing Tips - Save a Bundle on Your Next Lease
According to the Equipment Leasing Association ("ELA"), U.S. businesses lease... Read More
What to Consider Before Leasing a Car
Some people choose to lease a car rather than buying... Read More
Leases And Tenants - The Spooky Tenant
You, Mr. Landlord are pleased to find qualified tenants for... Read More
Smart Car Leasing for Beginners
Car leasing is extremely popular because it provides an attractive... Read More
Lease or Buy? That is Always the Question with Car Financing
Leasing is a perfectly viable and legitimate way to finance... Read More
Increase Your Business Growth and Cash Flow Through Equipment Leasing
"If it can be manufactured, it can be leased." For... Read More
Venture Leasing - A Smarter Way To Build Enterprise Value
In 2003, venture capitalists and investors dispensed over $18 billion... Read More
Leases & Leasing |