Smithfield, North Carolina
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SMITHFIELD, NORTH CAROLINA PROPERTY OVERVIEW CAROLINA PREMIUM OUTLETS® SMITHFIELD, NC MAJOR METROPOLITAN AREA SELECT TENANTS Raleigh/Durham: 30 miles adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Carolina RETAIL Pottery, Christopher & Banks, Coach, Eddie Bauer Outlet, Gap Factory, Gymboree Outlet, J.Crew Factory, LOFT Outlet, Nike Factory Store, Polo Smithfield Outlet Center Drive GLA (sq. ft.) 439,000; 80 stores Ralph Lauren Factory Store, Reebok Outlet, Skechers, Talbots Outlet, Timberland Outlet, Tommy Hilfiger, Under Armour BUS OPENING DATES TOURISM / TRAFFIC Opened 1988 Benson Carolina Premium Outlets serves shoppers primarily from eastern/central Expanded 1995, 1996, 1999 CAROLINA North Carolina, including the city of Raleigh and the surrounding 20 PREMIUM OUTLETS counties. It is located on I-95 South, the primary north-south artery on the PARKING RATIO SMITHFIELD, NC east coast, with more than 55,000 vehicles passing by the center daily. 4:1 More than 2 million residents live within a 45-mile radius which includes the cities of Raleigh/Durham, Chapel Hill, and Fayetteville/Ft. Bragg. These areas contribute 65% of the center traffic. 35% of customers are from out RADIUS POPULATION of market, traveling through on I-95 and I-40. The Smithfield area has seen 15 miles: 157,387 significant growth in the last five years with the addition of several hotel 30 miles: 1,001,518 chains and national restaurant chains just one half mile south of the center. 45 miles: 2,076,852 Carolina Premium Outlets is the only outlet center in northeastern North Carolina with the nearest competitor 80 miles to the northwest. AVERAGE HH INCOME LOCATION / DIRECTIONS 30 miles: $66,718 I-95, Exit 95 or Exit 97, 35 miles southeast of Raleigh, North Carolina. — From Raleigh: A. I-40E to Exit 301 and bear right (Benson/Wilmington) to Exit 309 (Smithfield/Goldsboro) US 70E to Exit 334 for approximately three miles and turn right on Outlet Center Drive at KFC; center is located one mile ahead on right; B. I-40E to I-95N to Exit 95, left over bridge, bear right onto Outlet Center Drive — From Fayetteville: I-95N to Exit 95, left over bridge, bear right onto Outlet Center Drive — From Rocky Mount: I-95S to Exit 95, bear right onto Outlet Center Drive Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). MASTER PLAN E. PEEDIN RD. CAROLINA POTTERY NORTH VENTURE DR. NIKE FACTORY STORE REEBOK GAP FACTORY EDDIE BAUER OUTLET TOMMY HILFIGER ADIDAS POLO RALPH LAUREN FACTORY STORE OUTLET CENTER DR. I 95 AERIAL OVERVIEW VENTURE DR. E. PEEDIN RD. NORTH I-95 COMPONENT DR. OUTLET CENTER DR. SURROUNDING AREA CENTERS Hollister Rougemont Simon Centers Kittrell Stem 95 Competition Centerville Eneld301 85 401 ® Butner Scotland Neck 1 Carolina Premium Outlets Creedmoor Whitakers Franklinton Louisburg 2 Berkeley Mall and Castalia 3 Cameron Village 1 Durham Gorman Red Oak Hobgood 4 Cary Towne Center 9 9 Wake Forest Dortches 40 5 Crabtree Valley Mall Leggett Nashville 7 Speed 6 Cross Creek Mall Bunn Momeyer Oak Cit Rocky Mount Tarboro 7 Golden East Crossing Carrboro Rolesville Chapel13 Hill Raleigh 540 64 11 Has 8 Greenville Mall 11 Princeville 9 Northgate Mall Morrisville 12 Sharpsburg 501 10 Park West Village Cary 5 Zebulon Conetoe Parmele Elm City Bethel 11 The Streets at Southpoint Fearrington Village 1010 Knightdale 3 Middlesex Pinetops 3 Wendell Bailey 12 Triangle Town Center 4 258 4 Sims Maccleseld 13 University Mall 64 Wilson sboro Apex 1515 70 Clayton S 14 Vernon Park Mall Garner Falkland Archer Lodge 15 Wilson Mall 264 Fountain 1 Holly Springs Saratoga Lucama Moncure Kenly Stantonsburg Greenville Fuquay-Varina Walstonburg Farmville Wilson's Mills Bell Arthur 8 8 Simp Smitheld 1 Angier Selma Fremont Eureka 40 Winterville Pine Level Pikeville Maury nford Princeton Ayden Four Oaks Snow Hill Broadway Hookerton Mamers Coats Benson 15 MILES 2 Grifton Lillington Mar-Mac Goldsboro 70 Bunnlevel Erwin Dunn 13 Brogden Walnut Creek Kinston1414 Linden Newton Grove 401 Plain View 30 MILES Seven Springs Jackson Heights Godwin95 Dover Falcon Spivey's Corner Spring Lake Mount Olive Cove City Vann Crossroads Wade Calypso 421 Keener Faison Eastover Fayetteville 6 Trenton 45 MILES 117 Pink Hill Vander 258 Salemburg Warsaw Autryville Bonnetsville Turkey Rocksh Hope Mills Potters Hill Roseboro Kenansville undarrach Magnolia Beulaville Parkton Richlands OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Crabtree Valley Mall 1,330,000 sf Belk, Macy’s, Sears 37 miles / 35 minutes Raleigh, NC Triangle Town Center Belk, Dillard’s, Macy’s, Saks Fifth Avenue, 1,200,000 sf 37 miles / 35 minutes Raleigh, NC Sears Cary Towne Center 1,108,000 sf Belk, Dillard’s, JCPenney 37 miles / 50 minutes Cary, NC The Streets at Southpoint Belk, Macy’s, JCPenney, Nordstrom, 1,300,000 sf 52 miles / 1 hour 5 minutes Durham, NC Sears OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME Tanger Outlet Center 319,000 sf 80 miles / 1 hour 23 minutes Mebane, NC Burlington Outlet Village 300,000 sf 87 miles / 1 hour 30 minutes Burlington, NC Tanger Outlet Center 82,000 sf 205 miles / 4 hours Nags Head, NC 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)..