average strip mall store size - Search
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  2. Between 7,000 and 20,000 square feet

    The average strip mall is between 7,000 and 20,000 square feet.
    www.projectionhub.com/post/how-to-start-build-or-buy-a-strip-mall-business
    www.projectionhub.com/post/how-to-start-build-or-buy-a-strip-mall-business
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  3. People also ask
    How big is a strip mall?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: Power centers which may reach 2.3 million square feet (210,000 m 2 ).
    en.wikipedia.org
    How much does it cost to build a strip mall?The average strip mall will have between 3 and 12 tenants. The average construction cost per square foot for a strip mall is $200 to $300. For our example strip mall that I am going to model, I am going to assume a 12,000 square foot building with a construction cost of $250 per square foot plus a $500,000 cost for the land.
    Does a strip center cost more than a new strip mall?One thing I think you can be pretty certain about is that a strip center with existing tenants is going to cost more to acquire than building a new strip mall will cost, BUT once your new facility is built you have to fill it with tenants which comes with additional cost of sales and marketing and potentially tenant improvement budgets, etc.
    How many square feet does a small strip store need?After the developer proudly announces that every last square foot possible has been squeezed out of the planning board, he or she finds a broker who delivers the bad news: In small strips the typical store size needed is 1,200 to 2,000 square feet.
     
  4. Ideal size lot for standalone retail or small strip mall?

     
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    WEBStrip mall buildings are available in various styles and range in size. They typically accommodate three or more tenants and feature glass storefronts and separate entries for each tenant. Most strip mall designs are one …

  11. Why strip malls are becoming more popular among …

    WEBFeb 10, 2020 · The store is 15,000 square feet, about one-eighth the size of a regular Macy’s. Macy’s expansion into strip malls comes after the department store chain announced this week that it was closing 125 …

  12. Strip centers outpacing traditional malls as physical …

    WEBDec 16, 2021 · Dive Brief: The commercial property values of open-air strip centers, which rose 13% since before the pandemic, are drastically outpacing traditional malls, where values edged up 1%, according...

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