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  2. The backbone of the shopping industry, community centers are larger than neighborhood centers but often include the same tenants. Typically 250,000-350,000 square feet in size, community centers pull from a 4 to 6 mile trade area with a 50,000 or greater population.
    www.cnu.org/publicsquare/primer-retail-types-and-urban-centers
    www.cnu.org/publicsquare/primer-retail-types-and-urban-centers
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    What is the difference between a community center and a neighborhood center?The backbone of the shopping industry, community centers are larger than neighborhood centers but often include the same tenants. Typically 250,000-350,000 square feet in size, community centers pull from a 4 to 6 mile trade area with a 50,000 or greater population.
    What is a neighborhood shopping center?Physically speaking, they are typically laid out in a strip or may have an “L” or “U” shape, and the tenants tend to be focused on general merchandise or convenience-type offerings. Neighborhood Shopping Center: Continuing down the scale in size, a neighborhood center is 30,000 to 125,000 square feet in size.
    What is an example of a neighborhood center?A good example of a neighborhood center is The Hub Shopping Center. Convenience centers are smaller properties that usually service the immediate retail trade area. Think of convenience stores, such as 7-Eleven or other quick service convenience stores that are located in a small retail building usually less than 30,000 square feet.
    Are neighborhood and community shopping centers getting more rent?They’re just shopping in different places—mainly, closer to home. “Year over year, national level effective rent for neighborhood and community shopping centers is the highest it has been since before the onset of the pandemic in early 2020,” said Tom LaSalvia, Head of Commercial Real Estate Economics at Moody's Analytics CRE.
     
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  5. Guide to Shopping Center Types and Classifications

  6. WEBCommunity Center: A community center offers a wider variety of apparel and other goods than a neighborhood center. Configuration is a straight line, L- or U-shaped. Super-Regional Center: This center is similar to the …

  7. WEBApr 10, 2019 · A neighborhood center is designed to provide convenience shopping for the day-to-day needs of consumers in the immediate neighborhood. The retail center is typically a straight-line strip with no …

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