fayette mall · cbl properties fayette mall lexington, ky highlights trade area 824,980 (2017 est.)...
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CBL PROPERTIES
FAYETTE MALLLexington, KY
HIGHLIGHTS
TRADE AREA 824,980 (2017 est.)
CENTER EMPLOYMENT 2,750 (est.)
YEAR OPENED 1971
NUMBER OF STORES 150
SIZE 1,203,002 square feet
FEATURED STORES Macy’s, Dillard’s, DICK’S Sporting Goods, JCPenney, Altar’d State, Apple, The Cheesecake Factory, Cinemark (16 screens), Coach, Disney, H&M, Michael Kors, and Sephora
WEBSITE ShopFayette-Mall.com
CBL PROPERTIEScblproperties.com
NYSE: CBL
FOR LEASING:Laura Farren
p. 423.490.8620 c. [email protected]
CORPORATE OFFICE:CBL Center, Suite 500
2030 Hamilton Place BoulevardChattanooga, TN 37421-6000
423.855.0001
MALL OFFICE:3401 Nicholasville Road, Suite 303
Lexington, KY 40503859.272.3493
CBL PROPERTIESFAYETTE MALLLexington, KY
TRADE AREA FACTS• Known as the “Horse Capital of the World,” Lexington, Kentucky
contributes over $5 billion a year to the state’s horse industry.
• Lexington is the financial, retail, healthcare and cultural core of the entire Bluegrass region.
• High household income of almost $80,000 is fueled by some of the largest corporations in the U.S., including Toyota’s primary Camry/Avalon/Lexus ES350 manufacturing facility, Ashland Oil, Lexmark, IBM, Square D, The Trane Company, and Tempur-Pedic.
• 27 companies, including Toyota, Florida Tile, EnerBlu Inc. and Xooker invested $1.5 billion in the Lexington area for business expansion in 2017.
• 12 major colleges and universities in the primary trade area, with over 63,000 students.
• The University of Kentucky sits two miles north of the center with an annual enrollment of over 30,700 students.
• Lexington / The Bluegrass consistently place in top 10 of national lists; i.e., Destinations to Visit in 2018 (#9), Best Large Real Estate Market (#6), Top Manufacturing State (#6), Best Cost of Doing Business (#5), Best Midsized City for New Grads (#2), Best City to Start a Business (#8).
Lexington
Cincinnati
Louisville
FromKnoxville
75
71
6464
75
MEDIAN AGE
2017 Estimate 38 42 40
POPULATION TRENDSPRIMARY
TRADE AREASECONDARY TRADE AREA
TOTAL TRADE AREA
2022 Projection 420,298 448,220 868,518
2017 Estimate 396,214 428,766 824,980
2010 Census 369,850 412,671 782,521
2017-2022 % Change 6.08% 4.54% 5.28%
2017 Daytime Population Estimate 251,368 189,885 441,253
AVERAGE HOUSEHOLD INCOME
2022 Projection $92,586 $76,397 $84,384
2017 Estimate $80,084 $65,172 $72,473
2017-2022 % Change 15.61% 17.22% 16.44%
DEMOGRAPHICS
Source: 2010 Census; Scan/US 2017/2022 Estimates