Silo Square Commercial Opportunities
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6421 Getwell Road, Southaven, Mississippi, 38672 Recognized as Memphis Business Journal’s 2019 Best Real Estate Deal Commercial Mixed-Use Category Opportunities Interested in locating your business at Silo Square? Silo Square’s Mixed-Use Center is intended to serve Silo Square residents, the surrounding Southaven Community, and patrons of DeSoto Country’s most utilized amenities—Snowden Grove Park and the BankPlus Amphitheater. With extensive pedestrian walkways connecting Silo Square’s 300+ single family homes, 250+ loft units around the town square, and year round recreational activity and concerts at the adjacent amenities, there is significant potential for a nearby thriving town square area with plazas, courtyards, outdoor dining, and rooftop patios. A proposed pedestrian bridge connecting Silo Square to Snowden Grove Park would further enhance pedestrian connectivity and allow for residents and patrons alike to capitalize on businesses within the development. Whether it be Silo Square or town squares across the Southeast, it’s the businesses and the people that bring life to the community. Instead of the typical “strip center,” careful planning and classic architecture will ensure the retail center is of high quality and will attract businesses and shoppers alike for many years to come. Silo Square is currently seeking businesses which share our vision of creating a welcoming and friendly atmosphere with a strong and unique sense of place. In order to create a “lifestyle center” that allows residents and visitors to truly live, work, and play, Silo Square aims to be the go-to place for all types of businesses. Whether you are looking to relocate your business or start new, Silo Square is the perfect place for your business to thrive. Commercial/retail opportunities are available for businesses including but not limited to: • Antique Store • Eye Doctor • Music/Dance Studio • Art or Photo Studio • Florist • Nursery School • Bakery • Furniture Store • Office Uses • Bank LPO • Grocery Store/Community • Party/Reception Hall • Beauty Shop/Barber Shop Market • Pet Grooming • Bookstore • Hardware Store • Print Shop • Cellular Store • Health Club/Spa & Gym • Real Estate Office • Church • Hotel • Restaurants (indoor and/or • Clothing & Shoe Store • Ice Cream Shop outdoor seating) • Coffee Shop • Insurance Agency • Specialty Food Store • Deli • Interior Design Store/Studio • Speciality Gift Shop • Doctor or Dentist Office • Jewelry Store • Sports Bar • Drug Store or Pharmacy • Law Office • Veterinary Clinic • Dry Cleaners • Medical Office • Etc. “THE PRESERVE” UNDER CONSTRUCTION COTTAGE HOMES UNDER CONSTRUCTION UNDER CONTRACT TOWN SQUARE 16 / 17— NOW OPEN 18 / 20— NOW OPEN 13 / 15— OPENING SPRING 2021 UNDER CONTRACT TEQUILA Silo Square Dental UNDER CONTRACT UNDER CONTRACT Northpoint ChristianChristian SchoolSchool BaptistBaptist Memorial Memorial Hospital Hospital-DeSoto- Desoto Campus 1,0671,067 Students students 37,000 VPD NewSnowden soccer Grove field complexSoccer Complex coming 7 new tournamentsoon soccer fields SITE SnowdenNew Grove tennis Tennis facility Complex 13 tennis13 tournaments tournaments planned per year for 2018 Tanger Outlet MallMall Google Operations Center Snowden Grove Baseball Complex 350 Professional Jobs 20,000 VPD Snowden19 Tournaments Grove Baseball Per YearComplex Average Salary—$115,000 21 tournaments65 days per per year year Opening Summer 2021 1,500 1,500teams teams per season per season contributing contributing $14 million $14M toto economythe economy BankPlusBankPlus AmphitheaterAmphitheater 12,000 seats seats +/- 10 concerts per year +/- 10 concerts per year Desoto Central Elementary DeSoto Central Elementary School DeSotoDesoto Central Central Middle Middle School DesotoDeSoto Central Central High High School School School School 720 students 1,6841,684 Students students 720 Students 1,204 Students students Snowden Grove Soccer Complex Expansion area to be 7 new tournament soccer fields completed 2021 8 new baseball diamonds planned May Boulevard Pedestrian Bridge and Traffic Light Snowden Grove Tennis Complex Fall 2021 Completion 13 tournaments per year S i l o S Snowden Grove Baseball Complex 21 tournaments per year q 1,500 teams per season contributing $14 million to economy u a r e BankPlus Amphitheater 12,000 seats +/- 10 concerts per year Major Interstate/ Highway Systems Interstate 40 FedEx Headquarters Arkansas Tennessee Mississippi River Interstate 240 Memphis International Highway 385 Airport Tennessee Mississippi Highway 78 / Interstate 22 Interstate 55 Interstate 69 Sold Outparcel Sold PSF Pricing Plan Spring Spring Sold 2021 2021 Open Open Open Open Under Contract $10 Sold $10 $10 Under Contract Sold Under Under ContractContract Under Under Contract Contract May Boulevard Pedestrian Bridge and Traffic Light Construction to begin January 2021 May Blvd Pedestrian Bridge Connecting Snowden Grove Park & BankPlus Amphitheater to Silo Square Opening Fall 2021 May Blvd Pedestrian Bridge Connecting Snowden Grove Park & BankPlus Amphitheater to Silo Square Opening Fall 2021 Snowden Grove Soccer Complex Open Spring 2021 Snowden Grove Soccer Complex Open Spring 2021 Silo Square Town Square Silo Square Town Square Silo Square Town Square Silo Square Bell Tower Silo View of Town Square First Annual Christmas at Silo Square © 2020 UrbanArch Associates, P.C. S IS LI LO O S S Q Q U U A A R R E E LOT P L A- 17 Z A live • work • play SOUTHAVEN, MS Building 18/13 18—OPEN 13—Coming Spring 2021 ROOF BEARING 25' - 9 1/4" SECOND FLOOR 15' - 8" FIRST FLOOR 0' - 0" © 2018 UrbanArch Associates, P.C. S I L O S Q U A R E -LOT 18 live • work • play SOUTHAVEN, MS Brian Bullard, AIA + Stephen Skinner, AIA Building 20/15 20—OPEN 15—Coming Spring 2021 S I L O S Q U A R E LOT - 20 live • work • play SOUTHAVEN, MS Building Layout & Commercial Opportunities Future Build Spring 2021 Spring 2021 Now Open Construction To Begin Now Open Now Open Now Open Spring 2021 Possible Bay Layouts & SQFT SILO SQUARE LOT 20 SILO SQUARE LOT 18 (LOT 15) (LOT 13) 100' - 0" 100' - 0" 40' - 0" 20' - 0" 40' - 0" 20' - 0" 20' - 0" 20' - 0" 40' - 0" 45 38' - 8 3/4" 19' - 4 3/4" .00 0" - 1' ° ° 1' - 0" - 1' .00 7' - 4 1/2" 7 1/2" 20' - 7 1/2" 7' - 4 1/2" 45 BAY ONE BAY THREE BAY SEVEN BAY SIX BAY FOUR 1,633 SF 8" - 32' 2,004 SF 1,358 SF 1,400 SF 1,395 SF 31' - 1 3/4" - 31' 31' - 0 3/4" - 31' 31' - 1 3/4" 1 - 31' 18' - 8 3/4" 19' - 4 3/4" 19' - 4 3/4" 38' - 8 3/4" 35' - 10" - 35' 38' - 8 3/4" 36' - 5 1/4" 5 - 36' 20' - 0" 18' - 8 3/4" 18' - 11 1/4" 9' - 6 1/2" 19' - 9 1/2" 18' - 11 1/4" 20' - 0" 70' - 8" - 70' 70' - 8" - 70' 4' - 8 1/4" 8 - 4' 4' - 8 1/4" 8 - 4' 69' - 0 3/4" 0 - 69' 69' - 0 3/4" 0 - 69' 68' - 0 3/4" - 68' 0 3/4" - 68' 19' - 4 3/4" 10' - 10 1/4" BAY TWO BAY FIVE 2,176 SF 1,638 SF 21' - 5 1/2" - 21' 20' - 10 1/4" 10 - 20' 37' - 0" - 37' 10' - 10" 39' - 5" 18' - 8 3/4" 10' - 9 1/2" 9 - 10' LOT 18 (13) & LOT 20 (15) live • work • play Southaven, MS Silo Square Businesses Slim Chickens Lot 1 Slim Chickens at Silo Square… #1 Opening Day Sales in Slim Chickens History #1 Single Day Sales in Slim Chickens History #1 Monthly Sales in Slim Chickens History #1 Quarter Sales in Slim Chickens History *based on 100 individual stores Silo Square Businesses Planters Bank—North Mississippi Headquarters Lot 2 & 3—OPENING SPRING 2021 Silo Square Businesses Planters Bank—North Mississippi Headquarters Lot 2 & 3—OPENING SPRING 2021 Silo Square Businesses TEKILA Lot 5—NOW UNDER CONSTRUCTION BIRDS EYE VIEW 1 N.T.S Silo Square Businesses TEKILA Lot 5—NOW UNDER CONSTRUCTION Silo Square Businesses SILO SQUARE DENTAL Lot 27—NOW UNDER CONSTRUCTION Town Square Businesses Bank3 Also Coming Soon… Clothing boutiques, barber Shop, Wine & Liquor, Restaurant, Fitness Studio, Fresh Valley Salads & Juices Etc. Southaven, Mississippi Area Demographics Getwell Road & May Boulevard, Southaven, Mississippi, 38672 Rings: 1, 3, 5 mile radii POPULATION Median Age: 1 miles 3 miles 5 miles 38.0 2010 Population 2,271 26,331 66,672 compared to U.S. 2020 Population 2,847 32,850 78,022 median age of 38.5. 2025 Population 3,145 36,160 84,236 2018 Male Population 48.8% 48.3% 47.9% 2018 Female Population 51.2% 51.7% 52.1% Southaven RACE AND ETHNICITY Population (2019): 2020 White Alone 68.2% 66.3% 57.2% 2020 Black Alone 25.2% 27.6% 36.7% 55,780 2020 American Indian/Alaska Native Alone 0.1% 0.2% 0.2% 2020 Asian Alone 4.0% 2.9% 2.0% 2020 Pacific Islander Alone 0.0% 0.0 0.0% DeSoto County 2020 Other Race 1.0% 1.4% 2.2% Population (2019): 2020 Two or More Races 1.5% 1.6% 1.7% 2020 Hispanic Origin (Any Race) 2.1% 2.9% 4.0% 184,945 Southaven, Mississippi Area Demographics 6421 Getwell Road, Southaven, Mississippi, 38672 Rings: 1, 3, 5 mile radii AVERAGE HOUSEHOLD INCOME 2019 Average Household Income: 1 miles 3 miles 5 miles $95,657 2020 Average Household Income $102,867 $97,680 $83,097 compared to $87,398 for all U.S. households. Average household income 2025 Average Household Income $112,805 $106,338 $91,125 is projected to be $104,083 in five years, MEDIAN HOUSEHOLD INCOME compared to $99,638 for all U.S. households. 1 miles 3 miles 5 miles **3 mile radii 2020 Median Household Income $86,217 $84,264 $66,890 2025 Median Household Income $91,545 $88,260 $73,109 2019 Median Household Income: $81,969 PER CAPITA INCOME compared to $60,548 for all U.S.