Which shopping center typically has the smallest market area?

The shopping center that typically has the smallest market area is the strip center. Strip centers are designed to cater to the day-to-day needs of the local population and usually contain a limited number of retail establishments, often arranged in a linear fashion. They primarily attract nearby residents and drive-by traffic, making their market area relatively small compared to other types of shopping centers.

Neighborhood centers and community centers serve wider audiences and offer a greater variety of services and goods, appealing to communities rather than just immediate neighborhoods. Regional centers have an even larger market area, as they are designed to attract customers from a broader region, often featuring a larger number of stores and amenities. This structure makes strip centers focused on local convenience and thus limited in their geographic reach.