SUBJECT AREA - site selection
Shopping Center Definitions
The definition of a shopping center varies. Basically there are five different types of shopping centers:
- Strip
- Neighborhood
- Community
- Regional
- Super Regional
The Types
1 Strip
A “Strip” center provides a small number of retail and/or service tenants. Typically, this shopping center designation may have two to fifteen tenants. The “Strip” center rarely exceeds 30,000 square feet of gross leaseable area (GLA).
2 Neighborhood
A “Neighborhood” center provides for the sale of convenience goods (foods, drugs and sundries) and personal services (laundry, dry cleaning, barbering, shoe repairing, etc.) for the day-to-day living needs of the immediate neighborhood.
It is built around a supermarket as the principal tenant. In theory, the neighborhood center has a typical gross leaseable area (GLA) of 60,000 square feet. In practice, it may range in size from 30,000 to 100,000 square feet.
It is built around a supermarket as the principal tenant. In theory, the neighborhood center has a typical gross leaseable area (GLA) of 60,000 square feet. In practice, it may range in size from 30,000 to 100,000 square feet.
3 Community
The “Community” center provides a wider range of facilities for the sale of soft lines (wearing apparel for men, women and children) and hard lines (hardware and appliances).
Many are built around a junior department store, a variety store, or a discount department store as the major tenant; in addition to a supermarket. In theory, its typical size is 150,000 square feet of gross leaseable area (GLA), but in practice, it may range in size from 100,000 to 300,000 or more square feet.
Many are built around a junior department store, a variety store, or a discount department store as the major tenant; in addition to a supermarket. In theory, its typical size is 150,000 square feet of gross leaseable area (GLA), but in practice, it may range in size from 100,000 to 300,000 or more square feet.
4 Regional
The “Regional" center provides for general merchandise, apparel, furniture, and home furnishings in depth and variety, as well as a range of services and recreational facilities.
It is built around one or two full-line department stores of generally not less than 75,000 square feet. In theory, its typical size may range from 250,000 to more than 900,000 square feet.
The regional center provides services typical of a business district yet not as extensive as those of the super regional center.
It is built around one or two full-line department stores of generally not less than 75,000 square feet. In theory, its typical size may range from 250,000 to more than 900,000 square feet.
The regional center provides services typical of a business district yet not as extensive as those of the super regional center.
5 Super Regional
A “Super Regional” center provides for extensive variety in general merchandise, apparel, furniture, and home furnishings, as well as a variety of services and recreational facilities.
It is built around three or more full-line department stores of generally not less than 100,000 square feet each. In theory, the typical size of a super regional center is about 1,000,000 square feet of gross leaseable area (GLA). In practice, the size ranges from about 600,000 to more than 1,500,000 square feet.
It is built around three or more full-line department stores of generally not less than 100,000 square feet each. In theory, the typical size of a super regional center is about 1,000,000 square feet of gross leaseable area (GLA). In practice, the size ranges from about 600,000 to more than 1,500,000 square feet.
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