Percentage Rent in Canadian and US Shopping Centers
What is the prevalence of percentage rent in Canadian and US shopping centers these days? Does it differ and by how much between major urban centers and suburban shopping hubs?   


I know it differs between uses and regions but I am having difficulty finding data on this.
[{"id": "gonfwh9", "text": "These days like 100% ton of base rent abatement to help retailers get thru covid with percentage sales set up instead, recapture of base rent later thru extended term out", "replies": [{"id": "goniyhd", "text": "Hell I\u2019m seeing it in office with coworking tenants.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gongz1t", "text": "I don\u2019t see it a lot in FL. Most of the ones I\u2019ve come across are anchor tenants with high breakpoints that rarely are met.", "replies": [], "depth": 1}, {"id": "gonirii", "text": "I\u2019ve found it to be fairly common in fast food, but not so much in shopping centers.", "replies": [], "depth": 1}, {"id": "gonixea", "text": "I've seen it with large grocery stores in strip malls. I've never actually seen a store have to pay any because the threshold is usually very very high. Maybe 2020 might be the first for many of these stores and landlords because they did so well with panic shoppers.", "replies": [], "depth": 1}, {"id": "gonpv0u", "text": "Its interesting because I am reading a commercial property textbook \"Managing and Leasing Commercial Properties 2nd Ed\" by Alan A Alexander &amp; Richard F. Muhlebach  and they basically assume that most tenants in shopping centers are paying percentage rent.  \n\n\n[https://www.amazon.ca/Managing-Leasing-Commercial-Properties-2nd/dp/1572032421](https://www.amazon.ca/Managing-Leasing-Commercial-Properties-2nd/dp/1572032421)\n\nIt may be outdated. The first edition was 2007 and this is the 2016 edition", "replies": [], "depth": 1}, {"id": "goo5aii", "text": "Very rare these days outside of malls or COVID related rent relief.  Tenants don\u2019t want their sales reports getting out there.  The breakpoints are too high and negotiating the definition of and exclusions from gross sales and audit rights takes too long.", "replies": [], "depth": 1}, {"id": "gooeux2", "text": "Lotta luxury tenants pay percent rent", "replies": [], "depth": 1}, {"id": "gop1hxt", "text": "My first job was site selection for one of the big hair chains, and almost all our leases had percentage rent. This was 7 years ago.", "replies": [], "depth": 1}, {"id": "goqu06l", "text": "I\u2019d say that 50% or more of the tenants in my portfolio have % rent clauses but prior to Covid less than 5% we\u2019re paying anything as their breakpoints are set too high.  \n\nTypically those tenants who are paying came in at a lower base rent and the %rent really just gets us back to market.   \n\nWe have cut many % rent based abatement since Covid.", "replies": [], "depth": 1}]