Hello All ,This will be a longer and thorough read, but hopefully the love for this business will make it a shorter read.

Now, the time factor just made the lines either longer or shorter.

Some anchors in a center such as a Starbucks or a Davita Dialysis will do the 10 years.The small operators like to keep flexibility to move so they like shorter term leases generally with the flexibility to exercise the options or not.What are the rents being paid for base per sq ft?

That option typically has a shorter repayment period but two major advantages IMHO.

So they look around and around and around and finally either agree to pay the higher rates and deal with the shorter terms or they hold them personally to get the best financing available?

But there could always been circumstances where a shorter or longer hold period might be appropriate.

Now late pays are bad enough, but the time frame to recover is much shorter than a fully completed foreclosure. 

As a REALTOR I recommend the seller accept no less than 10% of purchase price, above-average interest rates, and a shorter term (5 - 10 years) though it can be amortized at a longer term (20 - 30 years).If you are the buyer, I recommend get the most favorable terms for you.

Often, this means either lower LTV, shorter term, higher rates, more points, etc.

Although it did not make sense for me at the time since a shorter time frame increases the monthly mortgage payment, the bank accepted the deal.