Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Secondary Trade Area

A geographic area containing the customers of a particular firm or group of firms for specific goods or services; encompasses an additional 15 to 25 percent of a store's customers; located outside the primary trade area (or geographic core) with customers more widely dispersed.

Source: NCREIF | Date: 09 September 2025 | ID: D1454 | Version: 1