Property Management
In Missouri, a commercial tenant with a 'percentage lease' pays:
ARent based solely on their gross sales
BA base rent plus a percentage of gross sales above a certain threshold✓ Correct
COnly operating expenses
DRent calculated as a percentage of the property's appraised value
Explanation
A percentage lease has two components: a fixed base rent plus a percentage of the tenant's gross sales once they exceed a breakpoint. This is common for retail tenants in shopping centers, aligning rent with tenant performance.
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