Carolina Premium Outlets® the Simon Experience — Where Brands & Communities Come Together
Total Page:16
File Type:pdf, Size:1020Kb
CAROLINA PREMIUM OUTLETS® THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets. From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be. We deliver: SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills® QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active portfolio management increases productivity and returns GROWTH Core business and strategic acquisitions drive performance EXPERIENCE Decades of expertise in development, ownership, and management That’s the advantage of leasing with Simon. 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 Pottery, RETAIL Christopher & Banks, Coach, Eddie Bauer Outlet, Gap Factory Store, Gymboree Outlet, J.Crew Factory, LOFT Outlet, NikeFactoryStore, Smithfield Outlet Center Drive GLA (sq. ft.) 439,000; 80 stores Polo Ralph Lauren Factory Store, Reebok Outlet, SKECHERS USA Outlet Store, Talbots Outlet, Timberland Outlet, Tommy Hilfiger Company BUS Store, Under Armour Factory House OPENING DATES Opened 1988 TOURISM / TRAFFIC Benson Expanded 1995, 1996, 1999 CAROLINA The center serves shoppers primarily from eastern/central North PREMIUM OUTLETS Carolina, including the city of Raleigh and the surrounding 20 counties. PARKING RATIO SMITHFIELD, NC I-95 is the primary north-south artery on the east coast with more than 4:1 55,000 vehicles passing by the center daily. RADIUS POPULATION LOCATION / DIRECTIONS 15 mile population: 150,743 I-95, Exit 95 or Exit 97, 35 miles southeast of Raleigh, North Carolina. 30 mile population: 977,612 45 mile population: 2,024,111 — 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 AVERAGE HH INCOME miles and turn right on Outlet Center Drive at KFC; center is located 30 mile average: $67,468 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 accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN VENTURE DR. E. PEEDIN RD. NORTH I-95 COMPONENT DR. OUTLET CENTER DR. PEEDIN ROAD T CENTER DRIVE OUTLE I-95 SURROUNDING AREA CENTERS Hollister Rougemont Kittrell Stem 95 Centerville Eneld301 85 401 SURROUNDING AREA CENTERS Scotland Neck Butner Creedmoor Whitakers Franklinton Louisburg ■ Simon Center and Castalia ■ Competition 1 Durham Gorman Red Oak Hobgood 9 ® 9 Wake Forest Dortches 1 Carolina Premium Outlets 40 Leggett 2 Berkeley Mall Nashville 7 Speed Bunn Momeyer Oak Cit Rocky Mount 3 Cameron Village Tarboro Carrboro Rolesville Chapel13 Hill 4 Cary Towne Center Raleigh 540 64 11 Has 5 Crabtree Valley Mall Princeville Morrisville 12 Sharpsburg 6 Cross Creek Mall 501 Cary 5 Zebulon 7 Golden East Crossing Conetoe Parmele Elm City Bethel 8 Greenville Mall Fearrington Village 1010 Knightdale 3 Middlesex Pinetops 3 Wendell Bailey 9 Northgate Mall 4 258 4 Sims Maccleseld 10 Park West Village 64 Wilson sboro Apex 1515 11 The Streets at Southpoint 70 Clayton S Garner Falkland Archer Lodge 12 Triangle Town Center 264 Fountain 13 University Mall 1 Holly Springs Saratoga Lucama 14 Vernon Park Mall Moncure Kenly Stantonsburg Greenville 15 Wilson Mall 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, Macy’s, Sears 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)..