community shopping center

community shopping center

A shopping center of approximately 100,000 to 300,000 square feet and 20 to 70 retail spaces,designed for a mixture of retailers and food service establishments with a high convenience factor for a market area radius of 3 to 6 miles. Usually situated on 10 to 40 acres,with at least one anchor tenant;anchor(s) typically comprise 40 to 60 percent of the gross leasable space.