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Percentage rent

Rent calculated using a tenant's sales, usually after sales exceed a defined breakpoint.

Percentage rent is rent calculated using a tenant's sales, usually after sales exceed a defined breakpoint. It is commonly used in retail leases alongside minimum or base rent.

How REAL handles this in practice: Percentage rent.

Percentage rent calculations can depend on

  • Natural or artificial breakpoints.
  • Percentage rent rate.
  • Definition of gross sales.
  • Sales exclusions.
  • Reporting periods.
  • Radius restrictions.
  • Alternative rent provisions.

How REAL helps

REAL reads the lease-defined rules and supporting sales information to determine how percentage rent should be calculated and where exceptions require review.

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REAL

See how percentage rent is handled across 2,236 leases.

REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.

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