Local Tenant 2019-06-04 08:00:00

Local Tenant

Local tenant, also known as a “mom-and-pop", is a small scale company with a narrow footprint typically limited to a single market. The company may have more than one location within a market but generally does not have locations in a wide geographic area. Local tenants contrast to national and regional tenants which have larger footprints. Despite a small number of locations, local tenants may not necessarily be viewed as a negative. For example, a local restaurant with a good reputation, a boutique clothing store, or a dry cleaner, may all serve a need for a given area and may be viewed as strong tenants for certain properties.

 


The Investor's Guidebook To Net Lease

Download The Guide To Net Lease Properties

Learn More About Net Lease Investments.