Where I am in the US, it seems like there are two endgames for the "anchor" of a strip mall.
Typically this starts as a grocery store, but sometimes it will be some other larger retailer that collapsed (see Bed, Bath and Beyond or now Jo-Ann Fabrics)
They either become a Goodwill or they become a gym.
It's interesting that they are almost never subdivided-- they'd rather have a single 2000 square metre shop, presumably paying a concession "better than leaving it empty" rent, than to modify the layout of the building to open it up as two or four smaller shops.
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Where I am in the US, it seems like there are two endgames for the "anchor" of a strip mall.
Typically this starts as a grocery store, but sometimes it will be some other larger retailer that collapsed (see Bed, Bath and Beyond or now Jo-Ann Fabrics)
They either become a Goodwill or they become a gym.
It's interesting that they are almost never subdivided-- they'd rather have a single 2000 square metre shop, presumably paying a concession "better than leaving it empty" rent, than to modify the layout of the building to open it up as two or four smaller shops.