Minimum Rent
The smallest amount of rent due from a tenant with a variable rental rate, such as a rent calculated as a certain percentage of gross sales, with a minimum rent of a certain amount per month.
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The smallest amount of rent due from a tenant with a variable rental rate, such as a rent calculated as a certain percentage of gross sales, with a minimum rent of a certain amount per month.
Source: NCREIF | Date: 09 September 2025 | ID: D1297 | Version: 1