Franklin Park Mall
Franklin Park Mall Toledo, Ohio Toledo’s premier shopping, dining and entertainment destination
Only enclosed super-regional center MONROE, MI in a 50-mile radius
MICHIGAN A mix of traditional and lifestyle OHIO
tenants, including top-performing TOLEDO, OH retailers MAUMEE, OH
GIBSONBURG, OH
10 MILES
Franklin Park Mall Toledo, Ohio A favorite retail destination offering brand favorites in every category
More than 6 million visitors annually
Newly added Altar’d State, BoxLunch, Dry Goods, PINK, H&M and Hollister
Only Apple store in the market
Property Description
major roads I-475 and Talmadge Road center description Enclosed, one-level center and Monroe Street anchors Macy’s, Dillard’s, JCPenney, Dick’s Sporting Goods, and total sf 1,299,000 Cinemark 16 & XD key tenants Apple, Altar’d State, Dry Goods, J. Crew, Sephora, Pink, # of stores 150 BJ’s Brewhouse, Hollister, House of Hoops, Dick’s Sporting Goods, H&M, Pandora, Ulta, Talbot’s and Dave and Busters # of parking 6,100
THE CENTER THE MARKET STARWOOD Franklin Park Mall “Stop by Franklin Park Mall for the best bargains in fashion, electronics, and more”
— DoToledo.org
THE CENTER THE MARKET STARWOOD Franklin Park Mall Diverse anchor mix with fine fashion, furnishings and sporting goods
Located 7 miles northwest of downtown Toledo, near I-475 and I-75 Interchange
Wide selection of first-to-market retail, dining and entertainment
Location, Location, Location Extraordinary freeway access to Serves Northwest Ohio and Southeast Toledo’s interstates and the Ohio Michigan Turnpike Downtown Toledo in midst of major Accessible to 110,000+ vehicles daily reinvestment
THE CENTER THE MARKET STARWOOD Franklin Park Mall THE CENTER THE MARKET STARWOOD Franklin Park Mall The sophistication of a major city, the charm of a small town
A market reinventing itself
Growing manufacturing base in high- tech, energy and medical
Something For Everyone Trade area population of 559,000 Shuttle service to University of Toledo 33 schools of higher education within 121,100 daytime employees within 5 50 miles of Toledo miles
THE CENTER THE MARKET STARWOOD Franklin Park Mall MICHIGAN Briarwood Mall 23 Distance to Competition (Ann Arbor, MI) MICHIGAN 45,100 AADT OHIO Briarwood Mall Driving – 43 mi, 47 min OHIO Monroe Street Fallen Timbers 24,500 AADT Franklin Park Mall Driving – 15 mi, 22 min Levis Commons Driving – 17 mi, 24 min West Sylvania Avenue Westgate Village 18,500 AADT Westgate Village Talmadge Road Driving – 2 mi, 6 min 21,300 AADT TOLEDO
I-475 66,850 AADT
MICHIGANOHIO Legend Primary Trade Area
MAUMEE Secondary Trade Area MONCLOVA PERRYSBURG Competition
Fallen Timbers Access Roads 25 MILES (AADT= annual average daily traffic) Levis Commons 3 MILES
THE CENTER THE MARKET STARWOOD Franklin Park Mall Monroe Community College Area Attractions (Monroe, MI) Maumee River I-75 23 Toledo Museum of Art
MICHIGAN Toledo Zoo
OHIO Hollywood Casino General Motors – Powertrain Lourdes University Toledo Mud Hens Baseball The Huntington Center Franklin Park Mall Chrysler Toledo Machining Plant (Lucas County Arena) Cedar Point Amusement Park
Colleges 20 ProMedica Toledo Hospital Mercy St. Vincent Medical Center Bowling Green State TOLEDO University University of Toledo Libbey Glass (HQ) University of Toledo I-475 20 Owens Corning (HQ) Owens Community College Mercy St. Charles Hospital Monroe Community College OREGON Lourdes University University of Toledo I-280 & Medical Center Combined enrollment: 57,300
I-75 Legend Primary Trade Area I-90 Owens Community College Secondary Trade Area The Andersons Bowling Green State University Colleges (Bowling Green) 3 MILES Key Employers TOLEDO EXECUTIVE MAUMEE AIRPORT PERRYSBURG
THE CENTER THE MARKET STARWOOD Franklin Park Mall Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 497,148 61,863 559,011 Near Toledo’s affluent 2024 projection 495,291 63,009 558,300 neighborhoods % growth 2019–2024 -0.4% 1.9% -0.1% 3.6% Population White 75% 90% 77% 70% 54,860 trade area households By Race Black 17% 5% 16% 13% earn $100,000+, going to Asian 2% 1% 2% 6% 65,900 by 2024 Hispanic Ethnicity 7% 5% 7% 18% 2 in 3 employed residents Median Age 39 30 38 39 living within 3 miles occupy % age 15-24 13% 28% 15% 14% white collar positions % age 25 to 44 26% 22% 25% 26% % age 45 to 64 26% 21% 25% 26% Households 2019 estimate 205,857 23,185 229,042 2024 projection 206,045 23,532 229,557 2019 households with kids under 18 31% 26% 31% 34% Average 2019 estimate $74,098 $78,816 $74,567 $89,646 Household % earning $75,000+ 35% 40% 35% 42% Income 2024 projection $84,004 $88,795 $84,495 $98,974 Education % college educated 61% 64% 61% 60%
1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 1,458 5,674 10,123 21,713 Employment daytime employment 14,734 72,371 121,091 282,572
1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area
THE CENTER THE MARKET STARWOOD Franklin Park Mall Starwood Retail Partners 5th largest manager of regional malls in the US
30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs
100 million+ combined annual visits
$95,400 trade area average household income
California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Blue Back Square Michigan Virginia Hope Mathews / Senior Director, Leasing / 312.373.3586 / Florida Fairlane Town Center MacArthur Center [email protected] The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Westland Mall Montana Washington Bill Cikalo / Director, Big Box Leasing & Development / Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall 312.283.5121 / [email protected] Nebraska Gateway Mall Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [email protected]
Sources: The Nielsen Company (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com
THE CENTER THE MARKET STARWOOD Franklin Park Mall