As the most visible spot in your shopping center, the end cap is a prime space for recognizable, national brands that will draw in customers. However, many landlords are also willing to lease this marquee space to smaller businesses with strong track records.
End caps are located at the far ends of the shopping center, on the corners of the building. End caps offer significant advantages over the in-line space found in the middle of the shopping center.
Shopping center owners can charge a higher lease rate for end caps—sometimes $5-15 more per square foot. Tenants are willing to pay the higher rent because of the many benefits the space offers, including the following:
Outdoor space: Many end caps feature more outdoor space, which is ideal for restaurants with patios