What is an Anchor Tenant?

An anchor tenant is a major retail store or business that is located in a shopping center or mall and is used to attract other tenants and customers to the location. Anchor tenants are typically well-known and established businesses that have a strong customer base and generate a lot of foot traffic.

They are typically larger than the other tenants in the shopping center and are often located in a prominent position within the center. The presence of an anchor tenant can help to attract other businesses to the shopping center, as they know that there will be a steady stream of customers due to the anchor tenant's popularity. In addition, anchor tenants often have long-term leases, which can provide stability and security for the shopping center.

If you're an enterprise interested in leasing retail space in Louisville, KY, or its surrounding areas, I'd love to help you negotiate a favorable lease agreement! Feel free to contact me via my cell at (502) 536-7315 or via email at raphael@grisantigroup.com.