
Strip malls may be anchored or unanchored, with anchoring properties typically being discount department stores, pharmacies or supermarkets. Some malls adopt U-shaped or L-shaped configurations, with GLAs ranging from 5,000 to 400,000 square feet.
Community and Neighborhood Strip Mall Loans: These loans cover open-air strip malls, which are linear arrangements of stores fronted by a sidewalk and parking lots. Conventional shopping malls are smaller with typically one or more anchor stores. Regional and Conventional Retail Shopping Center Loans: Regional shopping malls offer 400,000 to 800,000 square feet of GLA with two or more anchors and a variety of retailers, from high-end to discount. Attractions might include movie theaters, child play areas, shuttle buses and even amusement parks. They employ a concentration of mass merchants, merchandisers, boutiques, fast-food and family dining venues, along with ample parking. Super-regionals attract a high volume of shoppers from at least a 25-mile radius. Super-Regional Shopping Center Loans: These loans are for dominant structures featuring a minimum of 800,000 square feet of gross leasable area (GLA) and at least three anchors. However, we do not provide financing for stand-alone retail stores. They involve complex commercial real estate properties composed of merchandisers and food providers (with supporting structures and amenities). Assets America ® retail loan programs begin at $20 million. Our retail shopping center loan programs encompass the full range of shopping center loan configurations. Types of Retail Shopping Center Loans & Properties We provide financing for anchored and non-anchored shopping centers.
Decades of experience allows us to formulate retail shopping center loan programs that are ideal for each unique lending requirement. These loans take the form of retail shopping center construction loans, commercial bridge loans, commercial mini-perm loans and permanent take-out loans.
We arrange loans for shopping center acquisition, development and refinancing.
Assets America ® offers a variety of retail shopping center loans for most types of retail center venues, including shopping center financing and commercial strip mall loans.