Mercedes, Texas
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MERCEDES, TEXAS PROPERTY OVERVIEW RIO GRANDE VALLEY PREMIUM OUTLETS® MERCEDES, TX MAJOR METROPOLITAN AREAS SELECT TENANTS RIO GRANDE VALLEY McAllen: 20 miles west American Eagle Outfitters, AIX Armani Exchange, Banana Republic, PREMIUM OUTLETS Reynosa, Mexico: 30 miles south Calvin Klein, Columbia Sportswear, Converse, Express, Forever 21, MERCEDES, TX Monterrey, Mexico: 150 miles southwest Francesca's, GUESS Factory Store, H&M, kate spade new york, Kipling, Michael Kors, Nike Factory Store, Polo Ralph Lauren, Tommy Hilfiger, Under Armour, and many more. RETAIL GLA (sq. ft.) 604,000; 140 stores TOURISM / TRAFFIC Rio Grande Valley Premium Outlets (RGVPO) is located within the McAllen- OPENING DATES Edinburg-Mission metro area (Pop.860,661) and is the 5th Largest MSA in Texas. RGVPO is strategically positioned in the center Opened November 2006 of the Rio Grande Valley. The Harlingen-Brownsville MS A is 423,725. Expanded 2008, 2012 Mexican Shoppers are very important to RGVPO. There are 13 ports of entry from Mexico into the United States. Monterrey, Mexico, an a ffluent RADIUS POPULATION city with over one million people, is only a few hours southwest of RGVPO. Many “Winter Texans” visit the area between October and March. 15 miles: 341,623 30 miles: 1,126,312 Over 43 million people cross over the border on an annual basis. Daily 45 miles: 1,328,037 vehicle traffic is over 60,000. (U.S. only) AVERAGE HH INCOME LOCATION / DIRECTIONS 30 miles: $55,151 (U.S. only) US Expressway 83 & Highway 1425 at Mile 1-1/2 East Rd., Mercedes, TX. Taking I-2/US-83E: Exit 165 at Mile 2 East Road Taking I-2/US-83W: Exit 164 at Mile 1 East Road Information as of 5/1/19. Source: SPG Research8 trade area demographic information per STI: PopStats (2018). OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Valle Vista Mall 651,000 sf Dillard's, JCPenney, Sears 12 miles / 18 minutes Harlingen, TX La Plaza Mall Dillard's, Macy's, JCPenney 23 miles / 30 minutes McAllen, TX 1,210,000 sf Sunrise Mall Brownsville, TX 845,000 sf Bealls, Dillard's, JCPenney, Sears 30 miles / 40 minutes 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)..