No, this is not a place for people to take off their closes (the noun "strip" means the act of undressing).
A strip mall is an open-air shopping center where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. They face major traffic arterials and tend to be self-contained with few pedestrian connections to surrounding neighborhoods.
Strip malls are also occassionally referenced as a shopping plaza, shopping center, mini-mall, or shopping parade.