Exam 10: Site Selection

Which planned shopping center is generally arranged in a strip?

Which planned shopping center type has a trading area of up to 30 minutes driving time?

Which type of retail location has two or more destination stores?

Leases for retail locations are often very complicated due to ________.

"While competition among similar stores can increase the size of a trading area for all merchants,it can result in each merchant receiving a smaller market share." This statement is most applicable to a(n)________.

Planned shopping centers are characterized by ________.

Prepare a checklist of lease clauses that should be considered by a retailer prior to purchasing a business.Discuss the importance of each clause.

A secondary business district generally is comprised of a minimum of ________.

A secondary business district generally exists in the part of a city or town with the greatest concentration of office buildings and retail stores.

A retailer's owning a store location (as opposed to leasing)is most common with ________.

A retailer can view a lease as a variable cost in a ________.

A string is composed of ________.

A retailer's sales must be audited by the property owner in which type of lease?

Which location type is generally characterized by the absence of retailers with which the retailer can share traffic?

Explain how retail balance is obtained in an unplanned business district versus a planned shopping center.

A percentage lease ties rental terms to a location's value,inflation,and the retailer's ability to pay.

A major advantage of a central business district is ________.

Many CBDs have been revitalized based on modernization programs by merchants.

The addition of retail stores to a shopping center increases the trading area for each store.This indicates that ________.

Generally,which tenant in a community shopping center has the largest primary trading area?