Anchor tenant

An anchor tenant is a large, well-known business that rents a substantial space in a shopping mall or commercial property. Its presence attracts visitors and other smaller stores, helping to increase foot traffic and sales for the entire complex. Typically, an anchor tenant is a major retailer like a department store or supermarket. Having a strong anchor tenant benefits both the property owner and the smaller tenants by drawing consistent customer flow, which boosts overall revenue and makes the location more appealing to other tenants and shoppers.