Charlotte, North Carolina a Trendsetting Opportunity
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BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). CHARLOTTE, NORTH CAROLINA A TRENDSETTING OPPORTUNITY Located in Charlotte, North Carolina, SouthPark attracts affluent shoppers from neighboring residential areas and its large business district, as well as throughout the Carolinas and Virginia. — The SouthPark neighborhood is experiencing a boom in development, including 2,100 new apartments, two office towers, and two major mixed-use projects with residences and restaurants, all within walking distance to the mall. — Adjacent to the center is another mixed-use development, The Village at SouthPark. The Village comprises a mid-rise building with street-level retail and restaurants as well as The Residence at SouthPark, which has 150 premier residential units including 32 two-story penthouse units, 4,500 square feet of amenity space, and 221 parking spaces for residents above 80,000 square feet of ground level, high-end retail. — Several private country clubs are located within three miles of SouthPark ― Myers Park, Quail Hollow, and Carmel. — Forbes reported that Charlotte is among the ten fastest-growing metro areas in the U.S. THE BUSINESS OF BUSINESS Charlotte ranks seventh in the nation, tied with Chicago, for corporate headquarters. — SouthPark is the largest business district in Charlotte and North Carolina with an estimated 67,000 employees. — As the second largest financial and banking market in the U.S., Charlotte is a wealthy metropolitan area. Charlotte is the corporate headquarters for Bank of America and the East Coast headquarters of Wells Fargo. Within three miles of SouthPark, the average household income is $128,000. — Lowe’s, Family Dollar, Duke Energy, and Sonic Automotive also have corporate headquarters in Charlotte. THE CENTER OF STYLE SouthPark attracts shoppers from near and far by combining luxury retail, popular brands, and an outstanding mix of dining options. — The mall has more than 150 stores, many exclusive to the area. — Nearly 10% of the mall’s retailers are exclusive to the Carolinas, including Neiman Marcus and American Girl®. — The mall has a history of premiering sought-after retail stores, including Charlotte’s first Crate & Barrel and The Container Store. — Symphony Park, where the Charlotte Symphony hosts their summer concert series “Pops in the Park,” is located on the perimeter of the property. BY THE NUMBERS Anchored by Five Department Stores Neiman Marcus, Nordstrom, Belk, Dillard’s, Macy’s Square Footage SouthPark spans 1,676,000 square feet. Single Level Boasting more than 150 stores. Parking 7,205 parking spaces available for guests. Restaurants 16 quick-service eateries. Eight sit-down restaurants. IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen SouthPark as their exclusive location in the Charlotte area, such as: — ALEX AND ANI — Armani Collezioni — Burberry — Lilly Pulitzer — Louis Vuitton — Porsche Design — St. John Boutique — Tiffany & Co. — Vince Camuto INDULGENT DINING An exceptional mix of full-service dining options offers a unique selection to satisfy everyone’s palate. — Arthur’s Restaurant and Wine Shop (inside Belk) — California Pizza Kitchen — The Cheesecake Factory — Chuy’s — The Cowfish Sushi Burger Bar — Maggiano’s Little Italy — McCormick & Schmick’s Seafood Restaurant — Reid’s Fine Foods — American Girl® Café — Nordstrom Cafe Bistro The Dining Pavilion, with a nearby children’s play area, serves a multitude of flavors for a fast-casual experience. — Charley’s Philly Steaks — Chick-fil-A — Chipotle Mexican Grill — Dilworth Coffee (in Belk) — Five Guys — Panera Bread — Mandarin Express — Nori Japan — Showmars — Villa Fresh Italian Kitchen POSITIONED TO SUCCEED SouthPark is the premier shopping destination on the East Coast between Washington, D.C. and Atlanta, 2015 961,103 making it a popular destination for tourists within a 2020 1,076,849 day’s drive of the mall. — SouthPark is situated at the intersection of Sharon and Fairview Roads. 2015 376,370 — The center benefits from its proximity to two major 2020 422,900 highways that traverse metropolitan Charlotte. — I-77 and I-485 provide easy access to the center from the entire market. 2015 $84,491 — SouthPark is located about six miles south of 2020 $89,727 Uptown Charlotte. 2015 605,415 2015 $200,762 Source: SPG Research; trade area demographic information per STI: PopStats (2015). DESTINATION SHOPPING As the largest shopping center between Atlanta and Washington, D.C., SouthPark is a popular destination for tourists. — Shoppers visit from markets within a three-to-four- hour drive, including cities in North Carolina, South Carolina, Virginia, and West Virginia. — Visitors to the Charlotte market spend roughly $5.4 billion, and $530 million of that is spent on retail. — The Charlotte Douglas International Airport ranks sixth nationwide and seventh worldwide for total operations. The airport has nonstop service to 151 destinations, 38 of which are international. Lowesville Concord Huntersville High Shoals Mount Pleasant Cherryville 6 Waco Stanley 9 485 Dallas 85 Harrisburg Spencer Mountain Mount Holly Ranlo Oak Bessemer City 85 7 Lowell Locust Kings Mountain Gastonia Staneld Belmont Oakboro South Gastonia Charlotte Grover Mint Hill 5 1 10 Matthews 485 Clover TRADE AREA BOUNDARY Lake Wylie Hemby Bridge 4 2 Pineville Stallings Lake Park Unionville 12 Indian Trail Smyrna Tega Cay 77 3 Weddington India Hook Monroe8 Riverview Fort Mill Marvin Wesley Chapel York Wingate Marshville Hickory Grove Newport Sharon Mineral Springs Rock Hill 11 Waxhaw N Lesslie 0 10 McConnells JAARS MILES Lowrys ckhart 1 SouthPark 5 Charlotte Premium Outlets 9 Northlake Mall TRADE AREA & COMPETITION Trade Area & Competition 2 The Arboretum 6 Concord Mills 10 Phillips Place Simon Centers 3 Blakeney 7 Eastridge Mall 11 Rock Hill Galleria Competition 4 Carolina Place 8 Monroe Crossing 12 Stonecrest at Piper Glen VILLAGE AT CRATE & BARREL SOUTHPARK THE CHEESECAKE FACTORY SHARON RD. MAGGIANO’S LITTLE ITALY SOUTHPARK DILLARD'S BELK FAIRVIEW RD. MORRISON BLVD. NORDSTROM MACY'S CALIFORNIA PIZZA KITCHEN NEIMAN MARCUS DICK'S THE CONTAINER SPORTING GOODS STORE M cCORMICK & SCHMICK'S SEAFOOD RESTAURANT REID’S FINE FOODS N BARCLAY DOWNS DR. AERIAL OVERVIEW KEY DEPARTMENT STORES MORRISON BLVD. ANCHOR STORES RETAIL RESTAURANTS RETAIL/RESIDENTIAL ABOVE SYMPHONY PARK CHUY’S MEXICAN FOOD BARCLAY DOWNS DR. MACY’S THE COWFISH THE VILLAGE DILLARD’S AT SOUTHPARK CALIFORNIA PIZZA KITCHEN DICK’S MAGGIANO’S SPORTING LITTLE ITALY CRATE & BARREL REID’S FINE FOODS GOODS MCCORMICK & SCHMICK’S SEAFOOD RESTAURANT THE CHEESECAKE THE CONTAINER STORE FACTORY SHARON RD. NEIMAN MARCUS BELK NORDSTROM NORDSTROM N FAIRVIEW RD. SITE PLAN SITE PLAN UNIQUE OPPORTUNITY SouthPark presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Laura Schwartz (404) 841-3030 [email protected] .