^Yep. The old Nut Tree in Vacaville, California, is a good example. When I was a kid, it was a great "destination" restaurant with a cool toy store and gift shop, private airstrip, and beautiful gardens (complete with a little train that ran from the toy store to the airstrip and back). Then the original owners died, leaving a fragmented family that wasn't interested in running a restaurant and tourist attraction.
The result? Yet another generic shopping center. Ugh! (Used to love the old Nut Tree's "Turkey Tamale" and "Mini-Hamburgers.")