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Kennesaw (Atlanta), Georgia a Growing Opportunity

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Kennesaw (Atlanta), Georgia a Growing Opportunity 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). KENNESAW (ATLANTA), GEORGIA A GROWING OPPORTUNITY Town Center at Cobb is located in Kennesaw, Georgia, a high-traffic, accessible, and growing suburb in northwest Atlanta. — The mall attracts an affluent, well-educated workforce. The trade area has an Average Household Income of $85,416 with 29% having incomes greater than $100,000 annually and 38% holding a Bachelor’s Degree or higher. — Nearby Kennesaw State University (KSU) is Georgia’s third largest university with an enrollment of 35,000. The school offers more than 150 degree programs which produce 5,000 graduates a year, to meet the region’s critical workforce needs. KSU has a $1.3 billion impact on the local economy. — Town Center at Cobb boasts a high population penetration from its trade area of over 1.6 million people with a projected growth of 5.5% by 2020. — Housing values in Cobb County have gone up 10.2% in the last year, and are expected to rise another 5.4% in 2017. SPORTS CULTURE Cobb County is becoming a hub of major league sporting activity attracting sports enthusiasts from around the country. — SunTrust Park, home of the Atlanta Braves, with a seating capacity for more than 41,000, opened in 2017. — KSU’s Division 1 football team plays at Fifth Third Bank Stadium (2 blocks from the mall). The stadium is also host to several large festivals and sports tournaments. — A state-of-the-art headquarters and training complex for Atlanta United, a professional Major League Soccer team, will also open in 2017. — The Atlanta Blaze, the newest Major League Lacrosse expansion team, is also based at Fifth Third Bank Stadium. — LakePoint Sporting Community in nearby Emerson, Georgia (15 miles from the mall), has been dubbed the ‘premier sports vacation destination.’ Welcoming millions of visitors annually, it is the largest and most unique travel sports park in the Southeast. THE BUSINESS OF BUSINESS Town Center at Cobb is located within 10 miles of the corporate headquarters for several global and national companies. The Cobb County International Airport (4 miles from the center), with an annual impact of $112 million, recently added US Customs to cater to international jet travel. Top employers in the area include: — Cobb County Schools — WellStar Health System — Home Depot — Kennesaw State University — Lockheed Martin Aeronautics — Cobb County Government Top Industries: — Professional, Scientific & Technical Services — Retail Trade — Wholesale Trade — Healthcare and Social Assistance — Construction A REGIONAL DESTINATION Town Center at Cobb is northwest Atlanta’s main shopping destination and a hub of the community. — More than 170 stores and 200 events each year attract millions of customers annually. — The super-regional shopping center completed a major upscale renovation in 2009. Macy’s, JCPenney, and Belk have all been recently renovated/expanded as well. — The merchandise mix is constantly being upgraded with new blue-chip tenants, adding to the already outstanding lineup of stores. — More than 6,500 parking spaces provide ample parking. BY THE NUMBERS Anchored by Five Department Stores Belk, Macy’s, Macy’s Men’s & Furniture Gallery, JCPenney, Sears Square Footage Town Center at Cobb spans more than 1,281,000 square feet. Two Levels Boasting more than 170 stores. Restaurants 16 food court vendors with seating for over 450. Other specialty food vendors throughout the mall including Starbucks, Teavana, GODIVA, and Häagen-Dazs. IN GOOD COMPANY Family-Oriented. Friendly. Diverse. Many fine brands have chosen Town Center at Cobb as their preferred location in Northwest Atlanta. — brooklynn’s (exclusive to Cobb County) — BoxLunch — Garage — Hollister — PINK — Swarovski POSITIONED TO SUCCEED Town Center at Cobb is strategically located at the confluence of two interstates—I-75 and I-575—and 2016 845,530 Barrett Parkway. 2021 920,547 — Exits off I-75 and I-575 enable easy access from Kennesaw, Marietta, and Atlanta. The NW express lanes are currently under construction, and will 2016 301,907 improve travel along the I-575/I-75 corridor, adding 30 2021 329,028 miles of reversible toll lanes. — Local road improvement projects such as the Skip Spann Connector and South Barrett Reliever will help alleviate traffic on Town Center at Cobb’s roadways by 2016 $85,416 more than 20%. 2021 $88,984 — The Noonday Creek Trail expansion, located directly behind the shopping center, allows visitors to walk, run, or bike from Bells Ferry Road to the center or 2016 299,741 KSU, and all the way to Kennesaw Mountain. — Just behind the property are over 800 new apartment units, which are home to students and professionals. — The Town Center CID Zagster bike rental program, 2016 $229,073 with a station behind the mall, had over 12,000 rentals last year. Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). Fairmount Dawsonville Plainville Nelson Adairsville Ball Ground Shannon 75 Waleska TRADE AREA BOUNDARY White Rome Canton Kingston Cumming Lindale 575 Cartersville Holly Springs Euharlee Milton Emerson Cave Spring 14Woodstock Taylorsville 75 Mountain Park 4 Alpharetta Acworth Suwanee Aragon Roswell 12 Johns Creek Kennesaw Cedartown 1 Rockmart Duluth Sandy Springs Braswell 5 9 Berkeley Lake 17 10 6 Marietta Dunwoody Norcross Fair Oaks Dallas 15 Doraville 85 8 Chamblee Lilburn Hiram Powder Springs Vinings North Atlanta Smyrna 16 13 Tucker 7 11 Austell North Druid Hills Mableton Clarkston N Lithia Springs Stone Mountain 0 Buchanan 10 Scottdale 3 Pine Lake Druid Hills 18 MILES 20 Atlanta Avondale Estates Belvedere Park 2 Redan Temple Candler-McAfee Tallapoosa Villa Rica Douglasville Bremen Lithonia 1 Town Center at Cobb 6 The Avenue West Cobb 11 Lenox Square Gresham 16Par k Phipps Plaza TRADE AREA & COMPETITION 2 Arbor Place Mall 7 Buckhead Atlanta 12 North Point Mall 17 Sugarloaf Mills Simon Centers 3 Atlantic Station 8 Cumberland Mall 13 Northlake Mall 18 Westside Provisions District Competition 4 Avalon 9 The Forum on Peachtree Parkway 14 The Outlet Shoppes at Atlanta 5 The Avenue East Cobb 10 Gwinnett Place 15 Perimeter Mall I 575 / SR 5 TOWN CENTER AT COBB MACY'S BELK JCPENNEY MACY'S MEN’S & SEARS FURNITURE GALLERY I 75 / SR 401 NORTH I 75 / SR 401 SOUTH GEORGE BUSBEE PKWY. NW ERNEST W. BARRETT PKWY. ERNEST W. N AERIAL OVERVIEW NORTHEAST AERIAL VIEW KEY DEPARTMENT STORES RETAIL STREET "E" STREET "D" STREET "F" BELK JCPENNEY STREET "C" SEARS MACY’S STREET "G" MACY’S MEN’S & FURNITURE GALLERY MALL BLVD. N STREET "B" SITE PLAN SITE PLAN UNIQUE OPPORTUNITY Town Center at Cobb presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Marisa Roy (404) 926-3042 [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)..
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