Retail Leasing

Retail leasing refers to the process of leasing commercial space to a tenant for the purpose of conducting a retail business. The property owner, known as the Lessor, grants a tenant—the Lessee—the right to operate a shop or service in exchange for rent. A retail lease agreement outlines the duration of the lease, rent amount, permitted uses and the responsibilities of each party.

Common types of retail leases include full‑service gross leases, net leases (N, NN and NNN), percentage leases and modified gross leases. The structure chosen determines how operating expenses such as property taxes, insurance and maintenance are allocated between landlord and tenant.

Our retail leasing team matches property owners with qualified retailers. We market available spaces, conduct tenant screenings, negotiate lease terms and assist with fit‑out coordination. Whether you own a shopping centre or operate a boutique, MMC helps structure leases that optimise returns while creating attractive destinations for shoppers.