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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 ...
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.
Aerial view of the Financial District in Downtown Toronto Main Street in Chesterton, Indiana. Commercial areas, commercial districts or commercial zones in a city are areas, districts, or neighborhoods primarily composed of commercial buildings, such as a strip mall, office parks, downtown, central business district, financial district, "Main Street", or shopping centers.
In the Boston area, converting just 10% of strip malls would be enough to absorb all the population growth in the region for the next decade, according to a 2021 study from Massachusetts ...
A strip mall, strip center, strip plaza or simply plaza is a type of shopping center common in North America and Australia where the stores are arranged in a row, with a footpath in front. Strip malls are typically developed as a unit and have large parking lots in front.
The former strip mall building is now gone, replaced by mounds of dirt and rubble. ... would include 120-140 residential units and 5,000-10,000 square feet of commercial space on the first floor ...
Examples of commercial taxpayer buildings in Tecumseh, Michigan. In US real estate, urban planning, and especially firefighting, a taxpayer refers to a small one or two story building built to cover the owner's annual property tax assessed for owning a parcel of land. [1]
Source: Flickr / Bogdan Migulski. There are few new grocery-anchored shopping malls being built today, and the construction horizon seems just as bleak. Is the community shopping center a dying ...