What percentage of the total space does Joseph's Comics and Collectibles occupy in the power center?

To determine the percentage of total space that Joseph's Comics and Collectibles occupies in the power center, it is important to understand how to calculate percentage based on a proportion of the total area. The percentage is found by taking the space occupied by Joseph's Comics and Collectibles, dividing it by the total space of the power center, and then multiplying by 100.

If Joseph's Comics and Collectibles occupies a small square footage compared to the size of the entire power center, this would yield a low percentage. In this scenario, if the calculation shows that the store occupies 0.8% of the total space, this indicates that the space is quite limited relative to the entire area of the power center.

This percentage can imply that Joseph’s Comics and Collectibles is a smaller retailer within the larger commercial space, which is typical for specialty stores in power centers that often consist of larger anchor tenants and a variety of retail options. Understanding this helps in real estate and property management, as it gives insight into tenant mix and potential customer traffic dynamics in the larger retail environment.