Exam 10: Site Selection

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Which expense is paid by the property owner in a net lease?

(Multiple Choice)
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A power center is a form of regional shopping center.

(True/False)
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A major advantage of ownership versus leasing is ________.

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A retail area with balanced tenancy is a(n)________.

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A major advantage of a percentage lease versus a straight lease from the perspective of the property owner is ________.

(Multiple Choice)
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Which unplanned business district is generally bounded by the intersection of two major streets?

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Stores that have similar and/or complementary merchandise offerings have ________.

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The kinds of goods and services sold in a secondary business district are similar to those found in a neighborhood business district.

(True/False)
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A shopping center that properly employs retail balance has a(n)________ trading area.

(Multiple Choice)
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Balanced tenancy is generally obtained through lease restrictions relating to store hours,days open,and interior design.

(True/False)
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A one-hundred percent location is the ________.

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A balanced tenancy (wherein a store's merchandise lines are limited and controlled)may be incompatible with which retail strategy?

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Which statement concerning the central business district (CBD)is not correct?

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Describe the pros and cons of a location in a planned shopping center versus a shopping district location.

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a.Develop a location and site evaluation for a McDonald's franchise. b.Explain the location attributes listed and their relative importance.

(Essay)
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To ensure ________,limits are typically placed on the product lines that can be stocked by each retailer and the types of retailers that can acquire unexpired leases.

(Multiple Choice)
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An isolated store has no adjacent retailers with which stores can share traffic.

(True/False)
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The parking adequacy of a location should be measured by its ability to handle Christmas season shoppers.

(True/False)
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A major advantage of an isolated store location is that ________.

(Multiple Choice)
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The most important single measure of a location's and site's value is the number and quality of its vehicular traffic.

(True/False)
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