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.

Pro-rata share

All terms

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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