A strip mall, strip center or strip plaza is a type of shopping center common in North America where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. Many of them face major traffic arterials and tend to be self-contained with few … See more Strip malls and retail parks often range in size from 5,000 square feet (460 m ) to over 100,000 square feet (9,300 m ), and strip malls over 100,000 sq. ft. also fit the definition of neighborhood shopping center (30,000 to 125,000 … See more Mini-mall/strip plaza The smaller variety is more common and often located at the intersection of major streets in residential … See more • Localcenters – Commercial Strip Mall Reference Site See more The Park and Shop in Cleveland Park, Washington, D.C. opened in 1930, anchored by a Piggly Wiggly supermarket. It was built in an L shape with dedicated parking space for … See more • Types of retail outlets See more WebStrip Retail Center Also known as a strip center, a commercial property that is comprised of several spaces that can be used for retail stores or services for the public. Anchored: the center has one or more large retail stores, such as Walmart, Publix, or Safeway, that attracts customers to the center
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WebShopping center and strip mall insurance is a type of commercial property insurance that is specifically designed to protect the owners and operators of shopping centers and strip malls. This type of insurance typically covers the buildings, signage, and other structures on the property, as well as the business personal property (such as ... richard yeates
5 Types of Commercial Real Estate Shopping Centers
WebJun 9, 2015 · A retail anchor is a store or other tenant that drives traffic to a retail center or area. While large shopping malls typically use department stores as anchors, most private commercial real estate investors buy smaller properties. These strip centers are usually anchored by a grocery store like Safeway, Kroger or Piggly Wiggly or by a drug ... WebADVERTISEMENTS: ii. Densely populated cities. 4. Strip Malls: Strip mall (commonly known as shopping plaza, arcade or mini mall) is an open area shopping place where various stores are generally arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking arrangement in front. WebIn Europe, any shopping center with mostly what are called "retail warehouse units" (U.K.) or "big box stores" or "superstores" (U.S.), 5,000 square metres (54,000 sq ft) or larger, is a retail park, according to the leading real estate company Cushman & Wakefield. richard yeboah death