The tenant profiles of territorial centers differ
little from those of the super- regional malls. The professional tenants in regional malls
paying the highest rent and having the highest sale’ volume per square ft . of
tenant area are also similar to the tenants of the super-regional malls. Many
tenants take up hardly any square footage and have relatively low real sales
volume. neighborhood shopping plaza for sale
The definition of territorial shopping center also can apply at very large deprive
shopping centers. The definition of remove center generally identifies a shopping
center with a single line of renters or single-side design, in contrast to a
nearby mall in which shops face one another across a pedestrian area. A territorial
mall features one or more regional or major department stores, each
at least 100, 000 sq ft in size. The
strip center may also feature a food store, which is seldom found in malls.
Strip designs for regional centers are most often found where inclement weather
would not deter the pedestrian traffic necessary between anchor professional tenants and
the area tenants.
The term power center implies a regional strip centre of unusual size.
Typically 300, 000 to five-hundred, 000 square feet or even more, these huge centers have a
preponderance of core tenants with less than 15 percent local renters. They
often incorporate off-price or home-improvement customer charm.