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Anchor tenant
ANCHOR TENANT

Definition: (US) (real estate) A well-known business that draws the public to a shopping center.
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* All nine elements should be in.


1. Commercial concern is appropriately registered.

2. Business conducts lawful dealings and makes timely returns.

3. Opening hours will be most conducive for the public.

4. Surroundings and ambience will be comparatively safe for patrons.

5. Its relocation or a shutdown will not be in the cards.

6. The strategies its employs will not threaten the other businesses.

7. Makes adequate profit, on its own, to sustain existence.

8. Serves purpose(s). That is, shopping center benefits from presence.

9. Able to perform some corporate social responsibility.
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See perfect OPPORTUNITY.



Quote: "Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. In order to build your wealth and improve your business smarts, you need to know about real estate". - Donald Trump.

Quote: "People don't buy for logical reasons. They buy for emotional reasons". - Zig Ziglar.

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