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An indigenous species that occurs in a particular region ecosystem, and habitat without direct or indirect human actions. Native species have evolved to the geography, hydrology, and climate of that region. They also occur in communities; that is, they have evolved together with other species. As a result, these communities provide habitat for a variety of other native wildlife species. Species native to North America are generally recognized as those occurring on the continent prior to European settlement. Also known as native plants.
Usually between 40,000 and 99,999 square feet (GLA) and is designed to provide convenience shopping for the daily needs of consumers in the immediate neighbourhood. It is typically anchored by a supermarket.
A lease in which the tenant pays a share of operating expenses in addition to the stipulated rent. Disclosure of the specific expenses to be paid directly by the tenant is required. Source: The NAIOP Research Foundation, 2017
Net Rent is rent, excluding a tenant’s share of real estate taxes, operating cost, and other costs directly related to the tenant’s occupancy of the space
Actual square-unit of a building that may be leased or rented to tenants.
Income that a landlord gets from a property after paying expenses; allows investors to compare different investments based on the actual dollars returned.
water that does not meet drinking water standards