Strip Center

CRE Resources

Reis Glossary

Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.

Strip Center

Definition:
A shopping center that typically consists of a straight line of stores with a common parking area. Stores are entered individually from the parking lot through outside entrances. The anchor tenant may be a supermarket, discount store, major department store, or a specialty retailer. The center usually ranges in size from 30,000 to 250,000 square feet.