How many anchors does a typical neighborhood shopping center have?

Prepare for the California Property Management Exam. Practice with flashcards and multiple choice questions, with hints and explanations for each. Get ready for your certification!

A typical neighborhood shopping center generally consists of 15 to 20 stores or businesses, with a certain number designated as anchor stores. The term "anchor" refers to larger retail establishments that draw customers and drive foot traffic to the shopping center, providing a stable base of shoppers for smaller businesses located within the center.

Having 15 to 20 anchors aligns with the standard layout and function of a neighborhood shopping center, which seeks to provide a balance of essential shopping options and variety while maintaining a local neighborhood feel. This range allows for a sufficient number of larger stores, which can include grocery stores, pharmacies, and major clothing retailers, while still allowing space for boutique stores and services.

In contrast, the other options suggest either too few or too many anchors for a neighborhood shopping center, which typically doesn’t have the large size or scale associated with larger retail developments like regional malls. Thus, the choice indicating 15 to 20 anchors accurately reflects the structure and purpose of a neighborhood shopping center.

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