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A convenience center describes an open shopping center concept which usually only consist of a few stores that offers necessities, groceries and essential items for sale.
Even big brand stores that might have a presence in these areas would only usually operate small sized stores instead of fully fledged supermarkets and hypermarkets.
Because of the size of these centers, they are understandably meant to serve local areas and neighborhoods.
Some of the types of stores that are commonly found in convenience centers include:
- Grocery stores
- Liquor stores
- Convenience stores
- Provision stores
The pull of these developments that draw human traffic is usually down to proximity, easy access, and knowing that essential items that they need would be available in one of the retail stores here.
This also means that a landlord would have no anchor tenant to worry about.