Anchor Tenant Defintion
An Anchor Tenant ( also called an “anchor store”, “draw tenant”, or “key tenant”) is a larger retail tenant which usually draws in a substantial majority of customers into the overall retail property.
Anchor Tenant Example
Examples of anchor tenants include major department stores like Macy’s or Nordstrom, big-box retailers like Walmart or Target, and grocery chains like Whole Foods or Safeway. These tenants are often the main draw for customers and can have a significant impact on the success and profitability of the property as a whole.
Anchor Tenant Synonyms
- Draw Tenants
- Key tenants
- Major tenants
- Primary tenants
- Main tenants
- Cornerstone tenants
- Flagship tenants
- Prime tenants
- Core tenants