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Updated over 4 years ago, 07/07/2020
How much to cancel store lease
How much would it cost a retailer to cancel $100M of lease obligations with a length of 0-5 years? These leases are usually about 1000 sqft in malls and some on streets. I've tried to look at public companies but typically the lease cancellation expense isn't broken out separately. Is it done as a fee or a percentage of remaining lease?