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A retail lease is a kind of commercial lease in premises that are wholly or predominantly used for retail shop businesses. These leases attract additional protections under the law, so it is important to choose what type of lease the business is entering into.
Accounting for leases under FAS 13/ASC 840. The accounting profession recognizes leases as either an operating lease or a capital lease (finance lease). An operating lease records no asset or liability on the financial statements, the amount paid is expensed as incurred.
Rent-A-Center's operations include 24 retail installment stores called Get It Now (based in Wisconsin); 17 Home Choice stores in Minnesota; and approximately 1,359 Acceptance Now kiosks housed within retail partner stores throughout the United States.
The mall’s property management company and owners, Sterling Organization, posted a report that Aldi signed a 20-year ground lease in 2022 to open a store on its property.
Customers who want to make a major purchase but can't get financing or wait for layaway will be able to rent the item, with the goal of ultimately buying it outright.
Silverstein and Garden Commercial led negotiations on the Dollar Tree lease on behalf of the property, Sky Fit Gym has signed a lease for the 30,000-square-foot former Ciné Grand Middlebrook 10 ...