There isn't a "standard commission" since commissions are, by law, negotiable. For the Class A retail, commissions are often set as a specific dollar rate per square foot based on the number of years. For example, a 4000 sf store leased for 5 years would be based on the 4000 sq.ft. and the 5 year term --- not on the actual rent. The dollar rate may be a sliding scale, e.g. $2 x 4000 sf x 3 years plus $3 x 4000sf x 2 years.
Jun 3, 2010