Franklin Park Mall Toledo, Ohio Toledo’S Premier Shopping, Dining and Entertainment Destination
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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 Caters to an affluent segment of OHIO the market TOLEDO, OH A mix of traditional and lifestyle MAUMEE, OH tenants, including top-performing retailers GIBSONBURG, OH 10 MILES Franklin Park Mall Toledo, Ohio Largest enclosed shopping center in Northwest Ohio A favorite retail destination offering brand favorites in every category Mixes traditional and lifestyle tenants for a complete shopping experience Altar’d State and BoxLunch recently opened 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 Store, Pottery Barn, Banana Republic, J Crew # of stores 150 Mercantile, Pandora, Pink, Talbot’s, Swarovski, H&M, Bravo Cucina Italiana, Dave & Buster’s, Sephora, Altar’d State, # of parking 6,100 Ulta and BoxLunch 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 A community focused on and committed to education Something For Everyone Trade area population of 560,200 Shuttle service to University of Toledo 33 schools of higher education within 125,400 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 2018 estimate 498,218 61,999 560,217 Near Toledo’s affluent 2023 projection 495,891 63,108 558,999 neighborhoods % growth 2018–2023 -0.5% 1.8% -0.2% 3.5% Population White 75% 90% 77% 70% 51,800 trade area By Race Black 17% 5% 16% 13% households earn $100,000+, Asian 2% 1% 2% 6% going to 62,000 in 2023 Hispanic Ethnicity 7% 5% 7% 18% 57% of trade area residents Median Age 39 30 38 38 hold white collar positions % age 15-24 13% 28% 15% 14% % age 25 to 44 25% 22% 25% 26% % age 45 to 64 26% 22% 26% 26% Households 2018 estimate 205,823 23,304 229,127 2023 projection 205,917 23,669 229,586 2018 households with kids under 18 31% 26% 31% 34% Average 2018 estimate $70,537 $76,846 $71,179 $86,278 Household % earning $75,000+ 33% 40% 34% 40% Income 2023 projection $79,190 $86,394 $79,933 $95,107 Education % college educated 59% 63% 59% 59% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 1,518 5,791 10,509 22,278 Employment daytime employment 15,313 73,410 125,442 286,983 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 $84,600 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 Hope Mathews / Senior Director, Leasing / 312.373.3586 / Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall [email protected] Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Sarah Burton / Associate, Leasing / 73.541.2852/ Blue Back Square Michigan Virginia [email protected] Florida Fairlane Town Center MacArthur Center The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Bill Cikalo / Senior Director, Big Box Leasing & Development / Westland Mall Montana Washington 312.283.5121 / [email protected] Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall Nebraska Bryant Siragusa / Vice President, National Restaurant and Gateway Mall Entertainment Leasing / 214.771.2003 / [email protected] Sources: The Nielsen Company (3/27/18), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 12/04/18 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD Franklin Park Mall.