Products & Services · Overage rents
Mall — Overage rents
Las Vegas Sands Mall — Overage rents decreased by 44.6% to $31.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 55.0%, from $20.00M to $31.00M. Over 4 years (FY 2021 to FY 2025), Mall — Overage rents shows relatively stable performance with a 2.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ1 2026
How to read this metric
An increase signals strong retail sales performance and high consumer spending within the mall, while a decrease suggests weaker tenant sales.
Detailed definition
Variable rental income earned from retail tenants based on their sales performance exceeding a specified threshold. This...
Peer comparison
Often called percentage rent or variable rent in retail property management.
Metric ID:
lvs_segment_mall_overage_rentsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.75M | $28.75M | $28.75M | $14.00M | $12.00M | $16.00M | $36.00M | $18.00M | $25.00M | $48.00M | $75.00M | $17.00M | $13.00M | $26.00M | $48.00M | $20.00M | $20.00M | $29.00M | $56.00M | $31.00M |
| QoQ Change | — | +0.0% | +0.0% | -51.3% | -14.3% | +33.3% | +125.0% | -50.0% | +38.9% | +92.0% | +56.3% | -77.3% | -23.5% | +100.0% | +84.6% | -58.3% | +0.0% | +45.0% | +93.1% | -44.6% |
| YoY Change | — | — | — | — | -58.3% | -44.3% | +25.2% | +28.6% | +108.3% | +200.0% | +108.3% | -5.6% | -48.0% | -45.8% | -36.0% | +17.6% | +53.8% | +11.5% | +16.7% | +55.0% |
Range$12.00M – $75.00M
CAGR+1.6%
Avg YoY Growth+24.2%
Median YoY Growth+17.2%
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Frequently Asked Questions
- What is Las Vegas Sands's mall — overage rents?
- Las Vegas Sands (LVS) reported mall — overage rents of $31.00M in Q1 2026.
- How has Las Vegas Sands's mall — overage rents changed year-over-year?
- Las Vegas Sands's mall — overage rents increased by 55.0% year-over-year, from $20.00M to $31.00M.
- What is the long-term trend for Las Vegas Sands's mall — overage rents?
- Over 4 years (2021 to 2025), Las Vegas Sands's mall — overage rents has grown at a 2.1% compound annual growth rate (CAGR), from $115.00M to $125.00M.
- What does mall — overage rents mean?
- Additional rent paid by tenants when their sales exceed a certain level.