Friday, February 13, 2009

Anatomy of a Strip Mall

In southern California we noticed signs advertising "Pads and Commercial Lots" and wondered what the "pads" were. Bachelor pads?

Gotta love my iPhone... I quickly found the Wikipedia entry for "pad site":

"A pad site is a freestanding parcel of commercial real estate located in the front of a larger shopping center or strip mall. Desirable because of their visibility to consumers, accessibility, and the ease of facilitating drive-thru service, pad sites are typically sought after by banks, casual dining, and fast food restaurants. Pad sites usually range between 2,000 and 75,000 square feet (7,000 m2). They can be ground leased by developers or purchased outright. The former offers a lower up-front cost, but the user is unable to use the land as collateral to finance building expenses because pad sites do not have their own legal address. The latter requires a larger capital investment, but provides the user an appreciable asset in real estate."

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Other recent iPhone-aided discoveries:

-The dog we just saw was a Petit Basset Griffon Vendeen (CUTE!).

-The noun "orange" (fruit) predates the adjective (color), but not by much. They're both derived from the Indian language Tamil via Sanskrit.

Wikipedia on this subject...


Fascinating stuff we learn on tour...

2 Comments:

At 9:44 AM, Anonymous Anonymous said...

Let me make a suggestion. Why doesn't the Claremont Trio rent that pad site and use it for the sale of your CDs? I bet that the mall customers would stream in by the thousands to make purchases, especially if you set up speakers outside the pad site and played your four current CDs on a continuous loop!

Micaela

 
At 8:37 AM, Anonymous Anonymous said...

This is actually an interesting discovery on how commercial real estate designations differ throughout the country, or even within a state. The Bay State seems obsessive about variances for zoning changes to seemingly inhibit certain businesses from starting up, and the Ocean State allows for spot zoning in some areas, whereas in other areas it can be an invitation for an action against the city or town.

 

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