A Key Tenant, also frequently referred to as an Anchor Tenant, is a major retailer or other business that is considered to be significantly beneficial to a commercial property. They draw considerable foot traffic, consequently supporting smaller businesses in the same complex.
Mall stores are retail outlets located within a shopping mall, excluding the anchor tenant. These stores benefit from the general foot traffic generated by the anchor tenants, often leading to lesser advertising needs despite higher rent.
Satellite tenants in a shopping center or mall are those tenants other than the anchor tenants, typically smaller retailers that benefit from the foot traffic generated by the anchor stores.
