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is the term used to define the number of people who go by a store location during a given time - traffic A factor that a retailer might consider when choosing a location is - all of the above what is a "business district" - an unenclosed shopping area developed without much planning and featuring a variety of stores ___ environment describes the proximity of competitive business - competitive In a sliding scale percentage lease, what usually happens to the amount of rent paid as sales go up - it goes down as a percentage of sales In a triple net lease, who pays for property maintenance? - the tenant What types of businesses generally prefer freestanding locations? - big-box retailers such as home depot True or false: freestanding locations have lots of direct competition - false A ____ is a group of retail businesses in a location usually owned by a company that leases retail space. - shopping center A _____________, fill in the blank, is typically a neighborhood space composed of a group of separate stores that are connected by sidewalks and that have parking lots in front of the stores. - strip mall Your store sales average $162,000 per month. Your triple net lease has the following monthly terms: rent is 3% of sales, insurance is $210, maintenance is $100, utilities total $425, and taxes are $90. You expect