Both Macy’s and Sephora made the announcement a week ago that they want to look at the possibility of opening additional stores in strip malls over the course of the next several years. Some shops, who have historically looked the other way at strip malls, have recently begun to take an interest in them again.

This will enable the mall to gradually increase its reputation as a reputable shopping destination among its clientele. The proprietor of the shopping mall should make it a priority to provide high-quality goods and services to the customers that frequent the establishment. There is a possibility that the parking lot of the strip center will include free-standing structures that are occupied by gas stations, banks, and other types of businesses. These days, however, pharmacies are frequently found either as free-standing establishments or as parts of the anchor tenant (such as Walmart or Target) or grocery store. In the past, pharmacies were frequently found in close proximity to food shops. It is geared toward providing services and may include a grocery store, hair salon, dry cleaner, laundromat, small restaurant, discount stores, variety stores, and other stores that provide a similar selection of goods and services, such as a general store, toy store, pet store, jewelry store, mattress store, convenience store, thrift shop, or pawn shop. This type of strip mall or plaza can be found in almost every city or town in the United States and Canada. A mini-mall is a smaller shopping center of the strip plaza style that is typically found near the intersection of main roads in residential neighborhoods. Mini-malls and strip plazas are two names for the same type of shopping center. What is the average size of a strip mall? Kentucky How Much Does It Cost To Build A Small Strip Mall?ĭepending on the size of the area and the level of sophistication of the design, the cost to construct a strip mall might range anywhere from $1.75 million to $3.5 million.

Strip mall building cost