Retail Leases - Does Build to Suit come with a range of lease options (% lease, modified gross, or others?)

Say you have a big tenant like Nike, LVMH, or another luxury retail brand and you're building them a place in New York City. What is the general lease structure like? Is it % rent or another lease type since you're literally developing a building for them?

What has your experience been like on the retail side with build to suit transactions?

 

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