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PANAMA CITY BEACH, FLORIDA

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Page 1: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

BUSINESS CARD DIE AREA

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).Information as of 5/1/16 PANAMA CITY BEACH, FLORIDA

Page 2: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

A BEACHSIDE PARADISE

Pier Park is ideally situated to attract tourists, who are the top economic driver in Panama City Beach.

— Pier Park, which is adjacent to a public pier on the Gulf of Mexico, captures 92% of the visitors that vacation on Panama City Beach.

— Across from the mall is an amphitheatre with capacity for 7,500 people and a major amateur and youth sports complex that local and visiting organizations use all year round.

— Since Pier Park opened in 2008, Panama City Beach has undergone a tremendous transformation. Tourist activity has been rising steadily and has led to a stronger local economy. The population within a ten-mile radius of Pier Park grew by 48% over the past decade.

Page 3: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

A PREMIER DESTINATION

Pier Park is the unofficial downtown of Panama City Beach and the area’s leading destination for shopping, dining, and entertainment.

— The focus of Pier Park’s Town Center is fashion and traditional retailers with popular anchors.

— Pier Park’s boardwalk area continues to see new attractions and entertainment options, including the largest movie theater and the only IMAX in Bay County.

— The prime gulf-view property encompasses more than 100 acres.

Page 4: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

Anchored by Three Department StoresDillard’s, JCPenney, Target

Square FootagePier Park spans 896,000 square feet.

Single LevelBoasting more than 120 retailers.

Restaurants16 quick-service eateries. 15 sit-down restaurants.

BY THENUMBERS

Page 5: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

Trendy. Chic. Fun.

Many fine brands have chosen Pier Park as their preferred location in Panama City Beach.

— Chico’s — Flip Flop Shops — Forever 21 — Francesca’s — The Grand Theatre/IMAX — LOFT — Old Navy — ULTA Beauty

IN GOODCOMPANY

Page 6: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

ENGAGINGDINING AND ENTERTAINMENTPier Park attracts tourists with a delicious selection of dining and entertainment options.

— With 15 sit-down restaurants to choose from, Pier Park offers something for every appetite, including seafood, traditional American, Italian, a Japanese steakhouse, and more. Just a few of the favorites include Jimmy Buffett’s Margaritaville, Hofbrau Beer Garden, and The Back Porch Seafood & Oyster House.

— Quick counter-service eateries include Dickey’s BBQ Pit, Panera Bread, Chipotle Mexican Grill, Five Guys Burgers and Fries, and more.

— The outstanding selection of entertainment options include Pier Park Rides (an eight-ride outdoor amusement park), The 7D Experience, Dave & Buster’s, Lazer Maze/Lazer Craze, Tootsie’s Orchid Lounge, and The Grand Theatre/IMAX, the largest movie theater and the only IMAX in Bay County.

— Pier Park hosts several large-scale events each year that attract locals and tourists alike including Mardi Gras, Pirates of the High Seas Fest and the New Year’s Eve Beach Ball Drop which draw crowds in excess of 20,000 people.

Page 7: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

POSITIONEDTO SUCCEED

Source: SPG Research; trade area demographic information per STI: PopStats (2015).

The Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach.

— Pier Park is conveniently located between Front Beach Road and US 98, two major roads running through Panama City Beach.

— The center is also easily accessible from Northwest Florida International Airport.

2015

2020

182,561

198,327

20152020

73,63080,287

2020 $66,5322015

2015

$60,650

83,680

2015 $177,167

Page 8: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

DESTINATIONSHOPPING

As Panama City’s hub for shopping, dining and entertainment, Pier Park has become the top destination on the Florida Panhandle.

— Panama City Beach attracts 11 million tourists annually who spend $1 billion.

— Each day, 5,000 tourists visit the area, and tourists stay an average of three nights.

— Peak months for tourism are March, June, July, and August.

— Most tourists travel by car from southeastern states, such as Alabama, Tennessee, Georgia, Texas, Kentucky, and Indiana.

— In 2016, AAA named Panama City Beach one of its Top Spring Travel Destinations.

Page 9: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

Alford

Bagdad

Bonifay

Callaway

Caryville

Cedar Grove

Chipley

Cinco Bayou

Cottondale

Crestview

De Funiak Springs

Destin

EbroEglin AFB

Freeport

Hiland Park

Laguna Beach

Lake Lorraine

Lower Grand Lagoon

Lynn Haven

Mexico Beach

lton

Miramar Beach

Niceville

Panama City Beach

Parker

Ponce de Leon

Pretty Bayou

Spring eld

Tyndall AFB

Upper Grand Lagoon

Valparaiso

VernonWausau

Wright

2

5

3

4

Northwest FloridaBeaches International Airport

Gulf of Mexico

15

10

10

TRADE AREA BOUNDARY

6

1

7

N0 10

MILES

TRADE AREA & COMPETITION

Simon CentersCompetition

MILES

98

1 Pier Park 2 Destin Commons 3 Grand Boulevard Town Center 4 Panama City Mall

5 Pier Park North 6 Santa Rosa Mall 7 Silver Sands Premium Outlets

Page 10: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

AERIAL OVERVIEW

US 98 / SR 30A

POWELL ADAMS DR.

FRON

T BEACH RD.

JIMMY BUFFETT'SMARGARITAVILLE

RON JONSURF SHOP

OLIVEGARDEN

LONGHORNSTEAKHOUSE

RUBYTUESDAY

DILLARD'S

JCPENNEY

THE GRAND THEATRE

TARGET

DICK'SLAST RESORT

PIER PARK

MARSHALLS

GULF OF MEXICO

POMPANOJOE’S

WEST PARK DR.

PIER PARK DR.

AARON BESSANT PARK& AMPHITHEATER

THE BACK PORCHSEAFOOD & OYSTER HOUSE

HILTON DR.

REGIONSBANK

FOREVER 21

WALMARTSUPERCENTER STORE

OLD NAVY

DAVE & BUSTERS

OSAKA JAPANESERESTAURANT

SOUTHEAST AERIAL VIEW

N

Page 11: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

SITE PLAN

OLD

US

98 /

FRO

NT

BEA

CH

RD

.

W. PARK DR.

POWELL ADAMS RD.

PIER PARK DR.

STINGRAY DR.

HIL

TON

DR.

AARON BESSANTCITY PARK ANDAMPHITHEATER

GULF OF MEXICO

DILLARD’S

TARGET

JCPENNEY

RON JON SURF SHOP

POMPANO JOE’S

JIMMY BUFFETT’SMARGARITAVILLE

MARSHALLS

RUBY TUESDAY

LONGHORNSTEAKHOUSE

OLIVE GARDEN

REGIONS BANK

OLD NAVY

THE BACK PORCHSEAFOOD &OYSTER HOUSE

FOREVER 21

OSAKA JAPANESESTEAK HOUSE

DAVE & BUSTER’S

THE GRAND 16 THEATRE AT PIER PARK

US 9

8 / B

AC

K BE

AC

H R

D.

KEYDEPARTMENT STORESANCHOR STORESRESTAURANTSRETAILTHEATEROUTLOTS

SITE PLAN

N

Page 12: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front

UNIQUE OPPORTUNITY

Pier Park presents a unique opportunity for your brand.

Please contact the following leasing professional for more information.

Ryan Backs (317) 263-7007 [email protected]

Page 13: BUSINESS CARD DIE AREAThe Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach. — Pier Park is conveniently located between Front