springfield, va - preit · springfield town center located at i-95, i-395, i-495 and fairfax county...

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Springfield Town Center SPRINGFIELD, VA

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Page 1: SPRINGFIELD, VA - PREIT · Springfield Town Center Located at I-95, I-395, I-495 and Fairfax County Pkwy 6500 Springfield Mall Springfield, VA 22150 Latitude 38.774187

Springfield Town Center SPRINGFIELD, VA

Page 2: SPRINGFIELD, VA - PREIT · Springfield Town Center Located at I-95, I-395, I-495 and Fairfax County Pkwy 6500 Springfield Mall Springfield, VA 22150 Latitude 38.774187

THE FACTS Springfield Town Center

• The center re-opened October 2014 mixing traditional department stores with coveted retail brands, destina- tion restaurants, a movie theater, state-of-the-art amenities and idyllic retreats.

• Sales per square foot approaching $550 and have climbed staedily since grand opening.

• The center is strategically located at the intersection of I-95, 395, 495 and Fairfax County Parkway, with daily traffic of 562,000 vehicles, and 15,000 mass transit commuters daily.

• Located in Fairfax County, VA, the third most affluent county in the US Average household income has increased 41% since 2000 (1.5 times the U.S. growth rate).

• Population in trade area has increased 18% to 795,000 since 2000 (2x national growth rate).

• Restaurant & entertainment sales to exceed $80 million annually.

• Anchor sales have increased 30% since re-opening.

• TSA’s new 625,000 sf headquarters will house over 3,000 new jobs and is slated to open in 2020.

Mall Highlights Center Size 1,300,000 sf Inline GLA 700,000 sf Year Opened 1973 Redeveloped 2014

Anchors & Junior AnchorsMacy’s 252,200 sf Target 180,800 sf JCPenney 209,100 sf DICK’s Sporting Goods 53,900 sf Regal Cinemas 52,700 sf LA Fitness 41,200 sf

Dave & Buster’s 33,900 sf Nordstrom Rack 33,000 sf Saks OFF 5TH 29,100 sf

Restaurants & OutparcelsYard House 10,300 sf Maggiano’s Little Italy 9,100 sf Chuy’s 7,900 sf Maggie McFlys 6,900 sf Zinburger 6,600 sf Nando’s Peri Peri 3,300 sf Mezeh Mediterranean Grill 1,900 sf &pizza 1,700 sf

Featured Retailers American Eagle Outfitters aerie Aveda Bath & Body Works Charming Charlie Chico’s Express Forever 21 francesca’s H&M Hollister

Justice Kay Jewelers LOFT Michael Kors PANDORA Sephora Soma Swarovski Torrid Topshop/Topman Vans

Victoria’s Secret White Barn Candle White House|Black Market Zumiez

FUTURE TSA HEADQUARTERS

FRANCONIA SPRINGFIELD PARKWAY 45K VEHICLES AADT

SPRING MALL ROAD 17K VEHICLES AADT

FRONTIER ROAD 34K VEHICLES AADT

LOISDALE ROAD 21K VEHICLES AADT

INTERSTATE 95 231K VEHICLES AADT

INTERSTATE 395 156K VEHICLES AADT

WASHINGTON BELTWAY I-495 156K VEHICLES AADT

FRANCONIA ROAD 58K VEHICLES AADT

Found from websiteRecreate PMS

Page 3: SPRINGFIELD, VA - PREIT · Springfield Town Center Located at I-95, I-395, I-495 and Fairfax County Pkwy 6500 Springfield Mall Springfield, VA 22150 Latitude 38.774187

Springfield Town Center Located at I-95, I-395, I-495 and Fairfax County Pkwy 6500 Springfield Mall Springfield, VA 22150

Latitude 38.774187Longitude -77.174039

Trade Area Demographics Population 799,146 Households 284,952 Average HHI $131,931 % of Households with incomes >100K 51.6% Average Home Value $477,308 Median Age 37.7 Total Businesses 18,849 Daytime Work Population 281,342 Daytime Resident Population 353,919 Source: ESRI 2018

200 South Broad Street Philadelphia, Pennsylvania 19102 215.875.0700 preit.com

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