At STORE Capital, we believe you should be in charge of your operational flexibility. That’s why we recommend making Substitution Rights a part of your leases. This important element would enable you to substitute a successful asset in place of an underperforming asset which would reduce costs on that asset.
Addressing underperforming locations through Substitution Rights is similar to buying an insurance policy against a property’s downside risk. We call this opportunity cost containment.
