Shopping Center Property Tax Appeals

Types of Retail Properties

• Strip malls

• Neighborhood centers

• Regional shopping centers

• Mixed-use retail

Common Overassessment Issues

• Anchor tenant loss

• Retail vacancies

• Declining retail demand

• High CAM expenses

How Retail Centers Are Valued

• Net operating income

• Vacancy adjustments

• Market cap rates

• Lease analysis

Documents Needed

• Rent roll

• Income & expenses

• Lease summaries

CTA
Request a Shopping Center Tax Review