ALBERT VILLE, MINNESOTA - Simon Property Group › mall › leasingsheet ›...

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ALBERTVILLE, MINNESOTA

Transcript of ALBERT VILLE, MINNESOTA - Simon Property Group › mall › leasingsheet ›...

Page 1: ALBERT VILLE, MINNESOTA - Simon Property Group › mall › leasingsheet › Albertville_PO_Brochure.pdfFinal Four NCAA Men’s Basketball tournament. Minnesota charges no sales tax

ALBERTVILLE, MINNESOTA

Page 2: ALBERT VILLE, MINNESOTA - Simon Property Group › mall › leasingsheet › Albertville_PO_Brochure.pdfFinal Four NCAA Men’s Basketball tournament. Minnesota charges no sales tax
Page 3: ALBERT VILLE, MINNESOTA - Simon Property Group › mall › leasingsheet › Albertville_PO_Brochure.pdfFinal Four NCAA Men’s Basketball tournament. Minnesota charges no sales tax

PROPERTY OVERVIEW

ALBERTVILLE PREMIUM OUTLETSALBERTVILLE, MN

ALBERTVILLEPREMIUM OUTLETSALBERTVILLE, MN

Information as of 5/1/18. Source: SPG Research; trade areademographic information per STI: PopStats (2017).

LOCATION / DIRECTIONS

I-94 at Hwy. 19, 30 miles northwest of Minneapolis and 35 milessoutheast of St. Cloud, Exit 201

MAJOR ATTRACTIONS

Thirty minutes from downtown Minneapolis attractions, Broadwaytheatres, sports arenas, museums, amusement parks, and restaurants.Minnesota is the land of 10,000 plus lakes and o�ers many outdooractivities.

TOURISM / TRAFFIC

The property is ideally situated o� I-94 with high visibility to the morethan 60,000 vehicles traveling the interstate daily. 70% of the shopperbase is from the Minneapolis-St. Paul to St. Cloud area, however, in thespring-summer months 40% of the center’s shoppers come from outsidethe MSA, traveling from the Dakotas, Wisconsin, Iowa, and outside theU.S. The center enjoys a strong Candian shopper component due to itsclose proximity to the Canadian border, approximately two hours to thenorth. Albertville is also the gateway to the area residents’ second homes(cabin country) throughout the lake region to the northwest portion ofMinnesota. Minneapolis-St. Paul o�ers a multitude of cultural andsporting events that draw visitors to the area including, numerousprofessional and college sports teams, and NASCAR events.Minneapolis-St. Paul hosted the 2018 Super Bowl and will host the 2019Final Four NCAA Men’s Basketball tournament. Minnesota charges nosales tax on clothing which is a draw to visitors from outside the state.

SELECT TENANTS

adidas, American Eagle Out�tters, Ann Taylor Factory Store, Banana Republic Factory Store, Calvin Klein, Coach, Columbia

Sportswear, Eddie Bauer Outlet, Express Factory Outlet, Gap Outlet,GUESS Factory Store, kate spade new york, Levi’s Outlet Store, LOFTOutlet, Lucky Brand, lululemon, Michael Kors, Nautica, Nike FactoryStore, The North Face, Polo Ralph Lauren Factory Store, Puma Outlet,Starbucks, Talbots Outlet, Tommy Hil�ger, UGG , Under Armour®

MAJOR METROPOLITAN AREAS

Minneapolis: 30 milesSt. Cloud: 35 milesSt. Paul: 40 miles

AVERAGE HH INCOME

15 miles: $100,80330 miles: $96,522

RADIUS POPULATION

15 miles: 314,19630 miles: 1,811,45145 miles: 3,448,180

PARKING RATIO

5.22:1

OPENING DATES

Opened 2000Expanded 2001, 2003

RETAIL

GLA (sq. ft.) 430,000; 100 stores

®

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OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

411,000 sf 15 mi les / 2 0 minutesThe Shoppes at Arbor LakesMaple Grove, MN

Banana Republic, P.F. Chang's, PacSun,Victoria's Secret

1,036,000 sf JCPenney, Macy's, Sears 29 mi les / 24 minutesRidgedale CenterMinnetonka, MN

1,050,000 sf Macy's, JCPenney 33 mi les / 41 minutesSouthdale CenterEdina, MN

®

800,000 sf JCPenney, Macy's, Target 35 mi les / 4 0 minutesCrossroads CenterSt. Cloud, MN

1,149,000 sf 38 mi les / 3 3 minutesRosedale CenterRosville, MN

Macy's, JCPenney, Von Maur (Opening Fall 2018)

2,774,000 sf Macy's, Nordstrom, Sears 38 mi les / 4 2 minutesMall of AmericaBloomington, MN

908,000 sf 44 mi les / 5 0 minutesMaplewood MallMaplewood, MN

® Macy's, JCPenney, Sears, Kohl's,Barnes & Noble

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Twin Cities Premium OutletsEagan, MN

®409,000 sf 49 mi les / 1 hour 2 minutes

North Branch OutletsNorth Branch, MN 144,000 sf 64 mi les / 1 hour 8 minutes

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Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com