CAROLINA PREMIUM OUTLETS - Simon Property Group · the best retail real estate in the best markets....
Transcript of CAROLINA PREMIUM OUTLETS - Simon Property Group · the best retail real estate in the best markets....
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CAROLINA PREMIUM OUTLETS®
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More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
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PROPERTY OVERVIEW
Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).
CAROLINA PREMIUM OUTLETS®
SMITHFIELD, NC
MAJOR METROPOLITAN AREA
Raleigh/Durham: 30 miles
RETAIL
GLA (sq. ft.) 439,000; 80 stores
OPENING DATES
Opened 1988 Expanded 1995, 1996, 1999
PARKING RATIO
4:1
RADIUS POPULATION
15 mile population: 150,743 30 mile population: 977,612 45 mile population: 2,024,111
AVERAGE HH INCOME
30 mile average: $67,468
SELECT TENANTS
adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Carolina Pottery, Christopher & Banks, Coach, Eddie Bauer Outlet, Gap Factory Store, Gymboree Outlet, J.Crew Factory, LOFT Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, Reebok Outlet, SKECHERS USA Outlet Store, Talbots Outlet, Timberland Outlet, Tommy Hilfiger Company Store, Under Armour Factory House
TOURISM / TRAFFIC
The center serves shoppers primarily from eastern/central North Carolina, including the city of Raleigh and the surrounding 20 counties. I-95 is the primary north-south artery on the east coast with more than 55,000 vehicles passing by the center daily.
LOCATION / DIRECTIONS
I-95, Exit 95 or Exit 97, 35 miles southeast of Raleigh, North Carolina.
— From Raleigh: A. I-40E to Exit 301 and bear right (Benson/Wilmington) to Exit 309 (Smithfield/Goldsboro) US 70E to Exit 334 for approximately three miles and turn right on Outlet Center Drive at KFC; center is located one mile ahead on right B. I-40E to I-95N to Exit 95, left over bridge, bear right onto Outlet Center Drive
— From Fayetteville: I-95N to Exit 95, left over bridge, bear right onto Outlet Center Drive
— From Rocky Mount: I-95S to Exit 95, bear right onto Outlet Center Drive
Smithfield
Benson
BUS
Outlet Center Drive
CAROLINA PREMIUM OUTLETSSMITHFIELD, NC
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VENTURE DR.
I-95
COMPONENT DR.
OUTLET CENTER DR.
E. PEEDIN RD.
NORTH
SITE AND PLAN
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PEEDIN ROAD
I-95
OUTLET CENTER DRIVE
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Erwin Goldsboro
Faison
Benson
Broadway
Morrisville
Mount Olive
Durham
Clayton
Magnolia
Kenly
Warsaw
Falcon
Tarboro
Knightdale
Sims
Sharpsburg
Grifton
Lillington
Kittrell
Wilson's Mills
Trenton
Falkland
Angier
Has
Speed
Centerville
Hookerton
Wake Forest
Seven Springs
Eureka
Conetoe
Simp
Turkey
Whitakers
Raleigh
Walstonburg
Pink Hill
Oak Cit
Godwin
Maccles�eld
Autryville
Linden
Bunn
Stantonsburg
Parkton
Cove City
SaratogaLucama
Leggett
Bailey
Castalia
Pikeville
Elm City
Rougemont
Dover
Salemburg
Fountain
Calypso
Pinetops
Hobgood
Bethel
PrincetonMaury
Middlesex
Momeyer
Roseboro
Scotland Neck
Parmele
En�eld
undarrach
Cary
Fremont
Snow Hill
Jackson Heights
Beulaville
Coats
Stem
Richlands
Princeville
Chapel Hill
Franklinton
Pine Level
Four Oaks
Fearrington Village
�and
Bell Arthur
Wade
Walnut Creek
Kenansville
Brogden
Louisburg
Gorman
Newton Grove
Bonnetsville
Farmville
Ayden
Vander
Rolesville
Nashville
Hollister
sboro
Zebulon
Mar-Mac
S
Vann Crossroads
Winterville
Creedmoor
Selma
Moncure
Rock�sh
Wendell
Potters Hill
Mamers
Carrboro
Dunn
Hope Mills
Bunnlevel
Dortches
Spivey's Corner
Archer Lodge
KeenerEastover
Smith�eld
Fuquay-Varina
Rocky Mount
Butner
Garner
Holly Springs
Apex
Plain View
Kinston
Red Oak
Spring Lake
nford
Wilson
Greenville
Fayetteville
2
34
5
6
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9
10
11
12
13
14
15
9
1
1113
5
3
12
104
7
15
2
14
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6
264
70
95
70
40
540
85
40
95
64
401
1
401
421
13
301
117
258
258
1
64
501
15 MILES
30 MILES
45 MILES
SURROUNDING AREA CENTERS
■ Simon Center■ Competition
1 Carolina Premium Outlets®
2 Berkeley Mall3 Cameron Village4 Cary Towne Center5 Crabtree Valley Mall6 Cross Creek Mall7 Golden East Crossing8 Greenville Mall9 Northgate Mall10 Park West Village11 The Streets at Southpoint12 Triangle Town Center13 University Mall14 Vernon Park Mall15 Wilson Mall
SURROUNDING AREA CENTERS
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OTHER RETAIL
SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Crabtree Valley Mall Raleigh, NC 1,330,000 sf Belk, Macy’s, Sears 37 miles / 35 minutes
Triangle Town Center Raleigh, NC 1,200,000 sf Belk, Dillard’s, Macy’s, Saks Fifth Avenue,
Sears 37 miles / 35 minutes
Cary Towne Center Cary, NC 1,108,000 sf Belk, Dillard’s, JCPenney, Macy’s, Sears 37 miles / 50 minutes
The Streets at SouthpointDurham, NC 1,300,000 sf Belk, Macy’s, JCPenney, Nordstrom,
Sears 52 miles / 1 hour 5 minutes
OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME
Tanger Outlet Center Mebane, NC 319,000 sf 80 miles / 1 hour 23 minutes
Burlington Outlet Village Burlington, NC 300,000 sf 87 miles / 1 hour 30 minutes
Tanger Outlet Center Nags Head, NC 82,000 sf 205 miles / 4 hours
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60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com
Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).