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Strip malls: Open-air centers under 30,000 square feet (2,800 m 2) are generally considered strip malls. [ 12 ] Kingsway West Retail Park in Dundee , Scotland – a typical layout with an anchor store (here a Tesco hypermarket ) and large-format retailers, surrounding customer parking and traffic access
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.
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.
International Property Measurement Standard (IPMS) is a standardised and globally applicable method for measuring property. It aims to address current inconsistencies in the way property of all types is measured from one market to the next, improving property market data and providing greater transparency.
“Strip malls, they’re ubiquitous, they're everywhere, they’re often underperforming,” MAPC’s land use planning director, Mark Racicot, told Fortune. “In many cases, they already fit in ...
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.
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." [ 2 ] Power centers : Even larger centers of 250,000 to 600,000 square feet (23,000 to 56,000 m 2 ) are considered power centers , typically anchored by category-killer big box stores (e.g. Best Buy ) incl ...
The Shops at Billerica (formerly known as Billerica Mall) is a strip mall and former enclosed shopping mall located in Billerica, Massachusetts. It was built as part of a series of malls including the Woburn Mall, and the Mystic Mall. Anchor stores include Burlington and Big Lots. The property is currently going under a massive redevelopment ...