richland mall-leasing sheet-2019 - cbl properties€¦ · richland mall waco, tx trade area facts...
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CBL PROPERTIES
RICHLAND MALLWaco, TX
HIGHLIGHTS
TRADE AREA 633,709 (2018 est.)
CENTER EMPLOYMENT 1,200 (est.)
YEAR OPENED 1980
NUMBER OF STORES 80
SIZE 681,752 square feet
FEATURED STORES Dillard’s (2 stores), JCPenney, DICK’S Sporting Goods, H&M, Bath & Body Works and White Barn Candle Company, Victoria’s Secret/PINK, American Eagle and Buckle
WEBSITE RichlandMall.com
CBL PROPERTIEScblproperties.com
NYSE: CBL
FOR LEASING:Russell Petty
p. 972.539.3927 c. [email protected]
CORPORATE OFFICE:CBL Center, Suite 500
2030 Hamilton Place BoulevardChattanooga, TN 37421-6000
423.855.0001
MALL OFFICE:6001 West Waco Drive, Suite 314
Waco, TX 76710254.776.6631
CBL PROPERTIESRICHLAND MALLWaco, TX
TRADE AREA FACTS• Richland is the largest enclosed regional shopping center between
Dallas/Ft. Worth and Austin.
• The trade area is comprised of 13 counties.
• Trip Advisor voted Waco #2 travel destination for 2018, which is experiencing a tourism boom with over 35,000 visitors weekly in 2019.
• At the intersection of Hwy 84 and Hwy 6 Richland Mall’s periphery partners include BJ’s Brewhouse, Fuji Japanese Steak & Sushi, Olive Garden and Red Lobster.
• Waco is home to three institutions of higher education – Baylor University (17,000), McLennan Community College (8,800) and Texas State Technical College (3,800) all within a 20 minute drive to Richland Mall.
• Local attractions include the Texas Ranger Hall of Fame, the Dr. Pepper Museum, the Texas Sports Hall of Fame, Waco MammothNational Monument, Cameron Park , the Cameron Park Zoo and BSR Cable Park.
• Texas Commission on the Arts unanimously voted to designate Waco a State of Texas Cultural District.
FromDallas/
Ft. Worth
FromAustin
West W
aco D
r.
35
84
6
MEDIAN AGE
2018 Estimate 36 41 40
POPULATION TRENDSPRIMARY
TRADE AREASECONDARY TRADE AREA
TOTAL TRADE AREA
2018 Estimate 257,754 375,955 633,709
2023 Projection 277,897 405,647 683,544
2010 Census 239,244 351,925 591,169
2018-2023 % Change 7.81% 7.90% 7.86%
2018 Daytime Population Estimate 127,540 141,103 268,643
AVERAGE HOUSEHOLD INCOME
2018 Estimate $68,141 $64,899 $66,240
2023 Projection $77,120 $72,180 $74,211
2018-2023 % Change 13.18% 11.22% 12.03%
DEMOGRAPHICS
Source: 2010 Census; Scan/US 2018/2023 Estimates