Carolina (San Juan), Puerto Rico a Grand 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). CAROLINA (SAN JUAN), PUERTO RICO A GRAND OPPORTUNITY Plaza Carolina, located in the Carolina area of San Juan, is recognized as the second largest retail center in Puerto Rico. — Carolina is a middle to upper-middle class section of San Juan’s metropolitan area. — The trade area extends from Luis Muñoz Marín International Airport to Fajardo and serves approximately 433,000 people. — San Juan is the country’s financial capital, and many U.S. banks and corporations maintain offices or distribution centers in the city. — In Puerto Rico, apparel spending per capita is higher than any state in the U.S. — Plaza Carolina serves the exclusive golf and hotel resorts along Puerto Rico’s north Atlantic shore. — Caribbean tourists, particularly from St. Thomas and St. Croix, shop at Plaza Carolina. Of the tourists that visit Puerto Rico, 60% come from either the mainland U.S. or Canada. UNSURPASSABLE CHIC Plaza Carolina is an established landmark and a super-regional mall serving the east side of San Juan. — The mall has more than 1.1 million square feet of retail space and features more than 240 shops and restaurants. — A significant portion of the local community visits the Food Court daily for their breakfast, lunch, and dinner meals. — The perfect combination of national and local retailers creates a unique shopping experience for locals and tourists alike. — The property recently completed a multimillion- dollar renovation, which included an updated dining area, new mall entrances, enhanced seating areas, and improvements to the common area, further enhancing the mall’s aesthetics and the shopper experience. — The mall’s third floor hosts several medical offices, including dermatologists, pediatricians, dentists, and a laboratory, which bring additional visitors to the mall. BY THE NUMBERS Anchored by Seven Major Retailers JCPenney, Sears, Tiendas Capri, Forever 21, Best Buy, DSW, T.J. Maxx Square Footage Plaza Carolina spans 1,158,000 square feet. Two Levels Boasting more than 240 stores. Restaurants 20 eateries, including Chili’s Grill & Bar, Church’s Chicken, El Meson Sandwiches, Los Monkeys, La Parrilla Argentina, Pizza Hut, Nestle Toll House Café, Red Mango, and Sarku Japan. IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen Plaza Carolina as their preferred location in San Juan, Puerto Rico. — A’gaci — Aéropostale — ALEX AND ANI — American Eagle Outfitters — Clarks — Express — Forever 21 — G by GUESS — Hot Topic — The Men’s Wearhouse — Novus — Pandora — Torrid — Tous — Vans — Zumiez POSITIONED TO SUCCEED Plaza Carolina is located at the intersection of PR-3 and PR-66, two major interstates running 2016 433,113 through San Juan. 2021 413,138 — Plaza Carolina is one of only five regional malls in the eastern half of Puerto Rico, an island with a population of over three million people. 2016 159,118 — The mall is located just five minutes from the 2021 151,587 San Juan Luis Muñoz Marín International Airport. — Overall, Puerto Rico hosted five million visitors via its airports and cruise ship facilities in 2015, 2016 $35,842 resulting in $3.82 billion in visitor spending. 2021 $39,077 — Plaza Carolina is conveniently located near numerous tourist attractions including El Morro, the most popular historic site in Puerto Rico, as well as the El Yunque National Forest and miles 2016 $110,110 of pristine beaches. Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). Levittown Cataño Luis Muñoz Marín International Airport Loíza Suárez Expo De Diego Vieques Sabana Seca 6 as 5 3 Carolina PR2 San Juan Santa Bárbara 1 San Isidro 4 Guaynabo Canóvanas Bayamón Río Grande PR3 7 Playa Fortuna E Hato Candal Luquillo x La Dolores Palmer p o PR1 L Trujillo Alto Bartolo a s A m e r ic a Ramos s Campo Rico Faj Benítez Lomas Celada Aguas Buenas Bairoa Gurabo TRADE AREA BOUNDARY Aguas Cla Caguas El Mangó Duque Juncos Pueblito del Río Daguao Peña Pobre Santa Clara 2 Río Blanco Naguabo Boquerón San Lorenzo Antón Ruíz Cidra Las Piedras PR3 Parcelas La Milagrosa La Fermina Jagual Bajandas Punta Santiago N 0 5 Humacao MILES Parcelas Nuevas MILES G. L. García 1 Plaza Carolina 5 Plaza Las Américas Cayey TRADE AREA & COMPETITION 2 Las Catalinas Mall 6 Plaza Rio Honda Simon Center 3 The Mall of San Juan 7 The Outlet - Route 66 Competition 4 Plaza Del Sol AVE. SANCHEZ OSORIO WALGREENS PR 26 JCPENNEY T.J. MAXX PLAZA CAROLINA CHILI’S GRILL & BAR CARIBBEAN CINEMAS BEST BUY SPRING 2018 FOREVER 21 PR 3 TIENDAS CAPRI SEARS DSW JESUSM. FRAGOSO AVE. ECONO N AERIAL OVERVIEW NORTHWEST AERIAL VIEW KEY DEPARTMENT STORES ANCHOR STORES RESTAURANTS RETAIL GROCERY ECONO JESUS M. FRAGOSO AVE. CHILI’S FOREVER 21 GRILL & BAR CARIBBEAN CINEMAS SPRING 2018 TIENDAS PARKING DECK CAPRI DSW SEARS JCPENNEY BEST WALGREENS BUY T.J. MAXX PR 26 / ROBERTO SANCHEZ VILELLA EXPWY. PR 3 N SITE PLAN SITE PLAN UNIQUE OPPORTUNITY Plaza Carolina presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Ryan Backs (317) 263-7007 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.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)..