smithfield, north carolina - simon property group · master plan north nike factory store gap...

8
SMITHFIELD, NORTH CAROLINA

Upload: trinhminh

Post on 05-Jul-2018

219 views

Category:

Documents


0 download

TRANSCRIPT

SMITHFIELD, NORTH CAROLINA

PROPERTY OVERVIEW

CAROLINA PREMIUM OUTLETS®

SMITHFIELD, NC

MAJOR METROPOLITAN AREA

Raleigh/Durham: 30 miles

RETAIL

GLA (sq. ft.) 439,000; 80 stores

OPENING DATES

Opened 1988 Expanded 1995, 1996, 1999

PARKING RATIO

4:1

RADIUS POPULATION

15 miles: 157,387 30 miles: 1,001,518 45 miles: 2,076,852

AVERAGE HH INCOME

30 miles: $66,718

SELECT TENANTS

adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Carolina Pottery, Christopher & Banks, Coach, Eddie Bauer Outlet, Gap Factory, Gymboree Outlet, J.Crew Factory, LOFT Outlet, Nike Factory Store, Polo Ralph Lauren Factory Store, Reebok Outlet, Skechers, Talbots Outlet, Timberland Outlet, Tommy Hilfiger, Under Armour

TOURISM / TRAFFIC

Carolina Premium Outlets serves shoppers primarily from eastern/central North Carolina, including the city of Raleigh and the surrounding 20 counties. It is located on I-95 South, the primary north-south artery on the east coast, with more than 55,000 vehicles passing by the center daily. More than 2 million residents live within a 45-mile radius which includes the cities of Raleigh/Durham, Chapel Hill, and Fayetteville/Ft. Bragg. These areas contribute 65% of the center traffic. 35% of customers are from out of market, traveling through on I-95 and I-40. The Smithfield area has seen significant growth in the last five years with the addition of several hotel chains and national restaurant chains just one half mile south of the center. Carolina Premium Outlets is the only outlet center in northeastern North Carolina with the nearest competitor 80 miles to the northwest.

LOCATION / DIRECTIONS

I-95, Exit 95 or Exit 97, 35 miles southeast of Raleigh, North Carolina.

— 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 miles and turn right on Outlet Center Drive at KFC; center is located 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

Smithfield

Benson

BUS

Outlet Center Drive

CAROLINA PREMIUM OUTLETSSMITHFIELD, NC

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

MASTER PLAN

NORTH

NIKE FACTORY STORE

GAP FACTORY

REEBOK

CAROLINA POTTERY

ADIDAS

EDDIE BAUEROUTLET

TOMMYHILFIGER

POLO RALPH LAURENFACTORY STORE

I-95

OUTLET CENTER DR.

E. PEEDIN RD.VE

NTU

RE D

R.

AERIAL OVERVIEW

VENTURE DR.

I-95

COMPONENT DR.

OUTLET CENTER DR.

E. PEEDIN RD.

NORTH

SURROUNDING AREA CENTERS

Simon Centers Competition

Erwin Goldsboro

Faison

Benson

Broadway

Morrisville

Mount Olive

Durham

Clayton

Magnolia

Kenly

Warsaw

Falcon

Tarboro

Knightdale

Sims

Sharpsburg

Grifton

Lillington

Kittrell

Wilson's Mills

Trenton

Falkland

Angier

Has

Speed

Centerville

Hookerton

Wake Forest

Seven Springs

Eureka

Conetoe

Simp

Turkey

Whitakers

Raleigh

Walstonburg

Pink Hill

Oak Cit

Godwin

Maccles�eld

Autryville

Linden

Bunn

Stantonsburg

Parkton

Cove City

SaratogaLucama

Leggett

Bailey

Castalia

Pikeville

Elm City

Rougemont

Dover

Salemburg

Fountain

Calypso

Pinetops

Hobgood

Bethel

PrincetonMaury

Middlesex

Momeyer

Roseboro

Scotland Neck

Parmele

En�eld

undarrach

Cary

Fremont

Snow Hill

Jackson Heights

Beulaville

Coats

Stem

Richlands

Princeville

Chapel Hill

Franklinton

Pine Level

Four Oaks

Fearrington Village

�and

Bell Arthur

Wade

Walnut Creek

Kenansville

Brogden

Louisburg

Gorman

Newton Grove

Bonnetsville

Farmville

Ayden

Vander

Rolesville

Nashville

Hollister

sboro

Zebulon

Mar-Mac

S

Vann Crossroads

Winterville

Creedmoor

Selma

Moncure

Rock�sh

Wendell

Potters Hill

Mamers

Carrboro

Dunn

Hope Mills

Bunnlevel

Dortches

Spivey's Corner

Archer Lodge

KeenerEastover

Smith�eld

Fuquay-Varina

Rocky Mount

Butner

Garner

Holly Springs

Apex

Plain View

Kinston

Red Oak

Spring Lake

nford

Wilson

Greenville

Fayetteville

2

34

5

6

7

8

9

10

11

12

13

14

15

9

1

1113

5

3

12

104

7

15

2

14

8

6

264

70

95

70

40

540

85

40

95

64

401

1

401

421

13

301

117

258

258

1

64

501

15 MILES

30 MILES

45 MILES

1 Carolina Premium Outlets®

2 Berkeley Mall 3 Cameron Village 4 Cary Towne Center 5 Crabtree Valley Mall 6 Cross Creek Mall 7 Golden East Crossing 8 Greenville Mall 9 Northgate Mall 10 Park West Village 11 The Streets at Southpoint 12 Triangle Town Center 13 University Mall 14 Vernon Park Mall 15 Wilson Mall

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Crabtree Valley Mall Raleigh, NC 1,330,000 sf Belk, Macy’s, Sears 37 miles / 35 minutes

Triangle Town Center Raleigh, NC 1,200,000 sf Belk, Dillard’s, Macy’s, Saks Fifth Avenue,

Sears 37 miles / 35 minutes

Cary Towne Center Cary, NC 1,108,000 sf Belk, Dillard’s, JCPenney 37 miles / 50 minutes

The Streets at SouthpointDurham, NC 1,300,000 sf Belk, Macy’s, JCPenney, Nordstrom,

Sears 52 miles / 1 hour 5 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Tanger Outlet Center Mebane, NC 319,000 sf 80 miles / 1 hour 23 minutes

Burlington Outlet Village Burlington, NC 300,000 sf 87 miles / 1 hour 30 minutes

Tanger Outlet Center Nags Head, NC 82,000 sf 205 miles / 4 hours

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).