Which of the following describes a strip center?

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

A strip center typically refers to a shopping facility that is comprised of a row of stores or retail businesses, usually characterized by having a shared parking area and being easily accessible from the street. The description that aligns best with this definition is one that states it consists of 4 to 10 stores. This format allows for a diverse combination of tenants and commonly features convenience-oriented retailers, service providers, and sometimes dining options.

Understanding the other options helps clarify why they do not fit the definition of a strip center. A large shopping area with over 50 stores is more aptly described as a shopping mall or large shopping complex, which significantly surpasses the typical size of a strip center. A center with at least one major department store describes a different configuration, such as a power center or regional mall, which may include larger anchor stores that are not typical in a strip center. Finally, a shopping mall designed for luxury retail points to high-end commercial spaces that often feature an extensive number of upscale shops and boutiques, diverging from the basic premise of a strip center that includes a more modest and varied retail mix.

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