Can I negotiate an exclusive use provision?
Category:
Commercial Leasing – Tenants & Owner-Users
In some shopping centers or commercial developments, tenants may negotiate an exclusive use provision that limits the landlord’s ability to lease nearby space to certain competing businesses.
Whether an exclusive use provision is appropriate depends on the type of business, market conditions, and the specific property.
Businesses that rely heavily on local customer traffic often benefit from understanding whether this type of protection may be available.