retail tenant

A retail tenant is a business or individual that rents space within a commercial property, such as a shopping mall, strip center, or standalone store, to sell goods or services directly to customers. They typically pay rent to the property owner and operate their business on the leased premises. Examples include clothing stores, restaurants, and electronic shops. The retail tenant’s success depends on attracting customers to their space, which in turn benefits the property owner through steady rental income. In essence, a retail tenant is a business that occupies a retail location to engage with the public and generate sales.