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Strip malls and retail parks often range in size from 5,000 square feet (460 m 2) to over 100,000 square feet (9,300 m 2). In the International Council of Shopping Centers (ICSC) classification of shopping centers , U.S. and Canadian strip malls may fit the definition of:
The center is usually configured in a straight line as a strip, or may be laid out in an L or U shape, depending on the site and design." [12] Strip malls: Open-air centers under 30,000 square feet (2,800 m 2) are generally considered strip malls. [12]
A pad site or outparcel is a freestanding parcel of commercial real estate located in the front of a larger shopping center or strip mall. [1] Desirable because of their visibility to consumers, accessibility, and the ease of facilitating drive-thru service, pad sites are typically sought after by banks, casual dining, and fast food restaurants.
Investors are seeing new value in the strip mall. A lack of supply and an uptick in in-person neighborhood shopping has increased their value. One commercial real estate investor called the ...
This is a list of the largest shopping centres in the United Kingdom, listed by retail size in square metres (m 2). Only centres with space of 65,000 m 2 (700,000 sq ft) or more are listed. Some of these are out-of-town centres, while others are part of a city or town centre shopping district, which in almost all cases also includes many stores ...
This is a list of shopping malls in the United States and its territories that have at least 2,000,000 total square feet (190,000 m 2) of retail space (gross leasable area). The list is based on the latest self-reported figures from the mall management websites, which are also reported on each mall's individual wiki page.
Long-suffering retail—strip malls, shopping centers, dead malls and their cousins—could be converted into hundreds of thousands of new apartments nationwide, with just a bit of work.
The term "mall" is used for those types of centers in some markets beyond North America such as India [42] and the United Arab Emirates. [43] In other developing countries such as Namibia and Zambia, "Mall" is found in the names of many small centers that qualify as neighborhood shopping centers or strip malls according to the ICSC. [44]