Percentage Rent Reports

Percentage Rent Detail

Function

The Percentage Rent Detail Report provides percentage rent information on a Tenant basis including Lessee, Sales Category, Document Reference, Space Name, and Breakpoint Type (Natural, Specified, or Tiered). For Natural Breakpoints, the Report reflects the Natural Percentage. For Specified Breakpoints, the Report reflects Overage Percentage, Begin Date, Minimum Amount (of Sales), and Minimum Amount Type. For Tiered Breakpoints, the Report reflects identical information as for Specified Breakpoints as well as Maximum Amount (of Sales), and Maximum Amount Type. Information is also provided via Additional Notes.

Intended Audience

The report is useful for property managers and assets managers in tracking Percentage Rent terms on a tenant-by-tenant basis.The report is also useful as a summary of percentage rent terms during due diligence.

Data Origins

Information for this report is pulled from the Percentage Rent screen for each Tenant Lease.

Permitted Options

Percentage Rent Reports may be filtered by the following criteria:

• Lease Type: Leases, or Subleases
• Lease Status: All, Active or Inactive
• Breakpoint Type: Natural, Specified, Tiered, or All
• Report Date: Insert an as-of date to generate the desired output