Hunton Retail Law Resource

For decades, radius restrictions have been a staple of retail leasing. Traditionally, these provisions have served two related purposes. Shopping center landlords often require tenants to refrain from operating another store within a specified geographic area in order to protect sales and traffic at the leased location. At the same time, retail tenants frequently negotiate their own radius protections, limiting a landlord’s ability to lease nearby shopping centers to direct competitors or to permit uses that could undermine the tenant’s market position.