Strip Center REITs
What Are Strip Center REITs?
Strip Center Real Estate Investment Trusts (REITs) own and lease open-air shopping centers typically anchored by grocery stores, pharmacies, and essential retailers. These properties attract steady foot traffic, providing stable rental income for investors.
Why Invest?
Strip center REITs offer reliable cash flow, benefiting from necessity-based tenants that remain resilient during economic downturns. With strong occupancy rates and long-term leases, they provide diversification and steady returns in the retail sector.
Challenges & Outlook
While e-commerce competition and economic fluctuations pose risks, strip centers remain essential due to demand for everyday goods and services. As consumer shopping habits evolve, well-located strip center REITs continue to be a solid long-term investment in retail real estate.
| Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
|---|---|---|---|---|---|---|---|---|---|
| KIM | Kimco Realty | Strip Center | 13.70 | 5.13% | Quarter | 11.5 | 35% | 3.5% | |
| REG | Regency Centers | Strip Center | 12.93 | 4.38% | Quarter | 14.9 | 25% | 2.9% | |
| FRT | Federal Realty | Strip Center | 8.60 | 4.51% | Quarter | 14.0 | 32% | 2.5% | |
| BRX | Brixmor Property | Strip Center | 7.86 | 4.77% | Quarter | 11.5 | 40% | 4.4% | |
| KRG | Kite Realty Group | Strip Center | 5.13 | 4.86% | Quarter | 11.4 | 37% | 6.6% | |
| PECO | Phillips Edison | Strip Center | 4.90 | 3.74% | Monthly | 13.4 | 30% | 2.1% | |
| SITC | SITE Centers | Strip Center | 0.33 | 0.00% | Quarter | 14.1 | 29% | 11.7% | |
| UE | Urban Edge | Strip Center | 2.36 | 4.02% | Quarter | 13.2 | 38% | 3.5% | |
| ALEX | Alexander & Baldwin | Strip Center | 1.50 | 6.77% | Quarter | 14.8 | 27% | 1.1% | |
| IVT | InvenTrust | Strip Center | 2.18 | 3.38% | Quarter | 15.1 | 25% | 2.4% | |
| AKR | Acadia Realty | Strip Center | 2.71 | 3.86% | Quarter | 17.9 | 32% | 14.2% | |
| BFS | Saul Centers | Strip Center | 0.77 | 7.48% | Quarter | 10.3 | 54% | 2.8% | |
| WSR | Whitestone REIT | Strip Center | 0.70 | 4.10% | Quarter | 13.4 | 47% | 1.3% | |
| CTO | CTO Realty | Strip Center | 0.59 | 8.39% | Quarter | 10.6 | 41% | 4.8% |
