What type of shopping center serves customers from a five-mile radius?

Get ready for the Commercial Property Management Exam. Use flashcards and multiple choice questions, each with hints and explanations. Prepare effectively!

The type of shopping center that serves customers from a five-mile radius is commonly identified as a community center. This classification typically covers a range of retail space designed to accommodate everyday shopping needs and services. Community centers usually contain a mix of local grocery stores, pharmacies, clothing retailers, and personal services, catering to the daily needs of residents in the immediate area.

While regional centers serve broader markets and can draw customers from greater distances, they primarily focus on larger retail stores, including department stores and a wider variety of merchandise that could attract shoppers from beyond a five-mile radius. Neighborhood centers are typically smaller than community centers and serve a tighter radius, often catering to immediate local needs rather than the broader range that a community center provides. Strip centers, on the other hand, consist of a row of retail establishments and usually don't offer the full array of services and retail options that meet the broader needs of a community.

Thus, the characteristic of serving customers within a five-mile radius aligns closely with the definition and function of a community center, making it the most accurate choice for this question.

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