An outparcel, also known as a pad site, refers to a piece of property on the perimeter of a larger development, such as a shopping center, that is designated for singular commercial use.
A pad site is an individual freestanding retail space that typically encompasses ¾ to 1½ acres, often located near larger shopping centers or commercial developments.
A retail property is a classification designated through zoning ordinances, allowing for various types of businesses such as stores or shopping centers, enhancing the commercial use of an area.
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