Franchised Eatery, Food Court, Major Regional Centre

Current Annual Rent: $220,000 Achieved Result: $NIL

End of lease. Following a large extension to the shopping centre, which created two food courts, original food court where shop was located, lost extensive foot traffic.

GEM Lease Analytics™ software evaluation could not support a new lease above $110,000. Business owner vacated and the premise has been empty for over two years.

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