tannersville, pennsylvania - simon property group · northeastern pennsylvania and offers tax-free...

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TANNERSVILLE, PENNSYLVANIA

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Page 1: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

TANNERSVILLE, PENNSYLVANIA

Page 2: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;
Page 3: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

PROPERTY OVERVIEW

THE CROSSINGS PREMIUM OUTLETS®

TANNERSVILLE, PA

MAJOR METROPOLITAN AREAS

New York City Metro: 70 miles Philadelphia Metro: 70 miles

RETAIL

GLA (sq. ft.) 412,000; 100 stores

OPENING DATE

Opened July 1991 Expanded 1993, 1995, 1999, 2004

PARKING RATIO

4.75:1

RADIUS POPULATION

15 miles: 198,447 30 miles: 809,83145 miles: 2,280,132

AVERAGE HH INCOME

30 miles: $76,721

SELECT TENANTS

American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Calvin Klein, Coach Outlet, Converse, Finish Line, Gap Factory, J.Crew Factory, kate spade new york, Michael Kors, Movado Company Store, Nautica Factory, Nike Factory Store, The North Face, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, Toys “R” Us Outlet, Under Armour, White House | Black Market

TOURISM / TRAFFIC

The Crossings Premium Outlets is located in the heart of the Pocono Mountains of Northeastern Pennsylvania and is a year-round vacation destination. The Pocono Mountains encompass 2,400 square miles covering four counties of wooded peaks and valleys offering over 72,000 acres of state forests, rivers, lakes, and some of the most scenic waterfalls on the East Coast. The center is situated among an abundance of local area attractions and accommodations including four indoor water park resorts, conference centers, five ski resorts and lodges, and vacation communities. Visitors to the area typically pass the center on the way to their hotel, resort, or other accommodations making the center an easy stopping point on their trip. The area is a favorite for outdoor enthusiasts providing a variety of activities including skiing, golfing, gaming, antiquing, horseback riding, fishing, canoeing, hiking, and camping. This region includes over 80% of the state’s resorts, earning $1.5 billion in gross revenues and employing over 18,000 workers. The Crossings Premium Outlets is the largest outlet center in Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round.

LOCATION / DIRECTIONS

The Crossings Premium Outlets is located directly off I-80, Exit 299 with an average daily vehicle count of 58,600. The center is within a one-hour drive from New York City, northern New Jersery, Philadelphia, and Connecticut.

PANJ

Exit 299

94

33 191

209

209

Tannersville

Delaware Water Gap

46

611

80

80

380

715

THE CROSSINGS PREMIUM OUTLETSTANNERSVILLE, PA

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

Page 4: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

MASTER PLAN

SULLIVAN

TR.

SR 611

I-80

SR 715

NORTH

I-80

NORTH

SR 611

SULLIVAN T

R.

AMERICAN EAGLE OUTFITTERS

POLO RALPH LAURENFACTORY STORE

THE NORTH FACE

BANANA REPUBLIC FACTORY STORE

REEBOKCLASSIC

NIKE FACTORY STORE

LEVEL II

GAP FACTORY

Page 5: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

AERIAL OVERVIEW

SULLIVAN

TR.

SR 611

I-80

SR 715

NORTH

Page 6: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

SURROUNDING AREA CENTERS

Simon Centers Competition

Middlesex

Phillipsburg

East Franklin

Essex Fells

Hopatcong

Bloomingdale

Clifton

Watchung

Beattystown

Weston

Franklin

Florham Park

Hackettstown

Upper Stewartsville

AllamuchyColumbia

East N

Victory Gardens

Hainesburg

Port MurrayBrainards Port Colden

Johnsonburg

Hutchinson

Bridgeville

Finesville

Silver La

Marksboro

Broadway

Delaware

Nort

Prospec

Ross Corner

Singac

Englishtown

Branchville

Stockton Blawenburg

Sussex

Hope

Asbury

Garwood

Hopewell

Harlingen

Belle Mead

South Bound Brook

Millstone

Plainsboro Center

Kingston

Lebanon

Helmetta

Netcong

Jamesburg

Bloomsbury

Pennington

Califon

Sewaren

Whittingham

Brownville

Lawrenceville

Flemington

Byram Center

Caldwell

Hamburg

Roselle Park

Milford

Cranbury

Harmony

Lambertville

Harrison

White House StationFanwood

Frenchtown

Mountain Lake

Clinton

Key

Andover

Skillman

Midla

Milltown

Brookd

Chester

Madison Park

Alpha

Princeton

Middlebush

Riverdale

Raritan

Dayton

Rockaway

Kenilworth

Lake Telemark

Ogdensburg

High Bridge

Matawan

Chatham

Boonton

Ten Mile RunFranklin Park

Morris Plains

Fords

Crandon Lakes

Vernon Valley

South Amboy

ElmMount Arlington

Vernon Center

Morristown

Al

Iselin

Newton

Avenel

New Providence

Rahway

Long Valley

Green Knoll

Far Hills

Carter

Succasunna

Morganville

Ramsey

Peapack and Gladstone

Perth Amboy

Robertsville

Mendham

Highland Lake

Lake MohawkOakland

Eliz

Kinnelon

Ringwood

Unionville

Bloomingburg

Callicoon

Hortonville

Otisville

Watchtower

Ha

Kiryas

Mountai

Napanoch

Wurtsboro

MaybrookWashington Heights

Montgomery

Narrowsburg

Smallwood

Woodridge

Walde

Beav

Pine Bush

Florida

Hillburn

Warwick

Greenwood Lake

Washin

Sloatsbu

Liberty

Walton Park

Port Jervis

Wal

Goshen

Tuxedo Pa

Mechanicstown

Accord

GaMonticello Cragsmoor

Rock Hill

Kerhonkson

South Fallsburg

Ellenville

New

Dalton

Taylor

Topton

North Catasauqua

Indian Mountain Lake

Ashlandng

Sheppton

Mount CarbonSeltzer

burton Number One

Kelayres

Donaldson

Lenhartsville

Weissport

Springmont

Oneida

Strausstown Centerport

Saw Creek

Laceyville

Hebron

Nuremberg

DeSales University

Montrose Manor

Beaver Meadows

Richlandtown

Green Lane

Lattimer

Slatedale

Jeddo

Heckscherville

South Temple

MechanicsvilleMcKeansburg

Temple

West Easton

Gouldsboro

Grier City

Orangeville

Jonestown

Jamison CityHudson

Colony Park

Cumbola

Chapman

Lyons

rys Lake

TrumbauersvilleMount Aetna

Silverdale

Ringtown

Deer Lake

w Albany

Browntown

Englewood

Telford

Sheatown

Bechtelsville

Shickshinny

Bernville

Slabtown

Hyde ParkBally

Bethany

East Greenville

Rehrersburg

awissa

Foundryville

Dublin

Walnuttown

Shoemakersville

Clarks Green

Tatamy

Yatesville

Mocanaqua

roe

Pardeesville

Hop Bottom

Roseto

Schubert

Gordon

Delano

Edenburg

Hawley

BentonWest Nanticoke

Cementon

orn Freeland

Alburtis

Mainville

Red Hill

Fountain Hill

Leesport

mber Two

Factoryville

Rohrsburg

Georgetown

Freemansburg

Port ClintonCetronia

Almedia

Matamoras

Meshoppen

Jermyn

Pennsburg

Tremont

Walnutport

Kempton

Boyertown

Le Raysville

Branchdale

Bowmanstown

Shenandoah Heights

Wyalusing

Landingville

Big Bass Lake

ona

Myerstown

Simpson

Dushore

East Bangor

Bath

Milford Square

Forest City

Womelsdorf

ert

Coopersburg

Tunkhannock

Lightstreet

d Hill

Cressona

Nescopeck

Avoca

Hereford

Albrightsville

Courtdale

Mertztown

Numidia

Riegelsville

Conyngham

Pine Grove Summit StationRavine

Espy

Belfast

Virginville

Lavelle

Plymouth

Shavertown

East Side

New Tripoli

White Haven

owanda

New Britain

Nicholson

te

West Falls

Oley

Vandling

Waller

Montrose

Pikes Creek

Nuangola

Dryville

Wind Gap

Stouchsburg

Hickory Hills

Brandonville

Ackermanville

New Hope

BangorLansford

Birchwood Lakes

West Hazleton

Waverly

Clarks Summit

Friedensburg

Kutztown

White Mills

Penn Lake Park

Prompton

Pittston

Laurys Station

Jacksonwald

Stroudsburg

Lake Winola

Mountainhome

urg

Sunrise Lake

Hometown

Delaware Water Gap

Pocono Ranch Lands

Dorneyville

Bear Creek Village

Upper Exeter

Noxen

Penn Estates

Wallenpaupack LakeEstates

Trexlertown

Chase

Pine Ridge

Holiday Pocono

Plumsteadville

Woxhall

Eagle Lake

Perkasie

Union Dale

Cherryville

Schnecksville

Fawn Lake Forest

Conashaugh Lakes

Moscow

Weatherly

Emerald Lakes

Stillwater

Lake Wynonah

Glen Lyon

Carbondale

Old Forge

Mount Pocono

Tuscarora

Silkworth

Fullerton

Blakely

Pocono Springs

Honesdale

Brodheadsville

Pocono Pines

Dickson City

Sierra View

Throop

Arlington Heights

Pocono Woodland LakesMoosicHarveys Lake

The Hideout

Jessup

Mount Cobb

Wilkes-Barre

Tamaqua

Jim Thorpe

Mountain Top

Nesquehoning

3

9

2

67

41 8

16

5

11

12

15

17

18

4

10

9

13

15

14 8

103

76

411

17

5

12

18

2 16

1

45 MILES

30 MILES

15 MILES

1 The Crossings Premium Outlets®2 Laurel Mall3 Lehigh Valley Mall4 Liberty Village Outlet Marketplace®5 The Mall at Steamtown6 Palmer Park Mall7 Phillipsburg Mall8 Promenade Shops at Saucon Valley9 Rockaway Townsquare

10 The Outlets at Sands Bethlehem11 The Shoppes at Flemington12 The Shoppes at Montage13 The Shoppes at Union Hill14 South Mall15 The Streets of Chester16 Stroud Mall17 Viewmont Mall18 Wyoming Valley Mall

Page 7: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Stroud MallStroudsburg, PA 424,000 sf Bon-Ton, JCPenney, Sears 10 miles / 15 minutes

Palmer Park MallEaston, PA 454,000 sf Bon-Ton, Boscov’s 35 miles / 35 minutes

The Mall at SteamtownScranton, PA 564,000 sf Boscov’s 40 miles / 50 minutes

Viewmont MallScranton, PA 743,000 sf JCPenney, Macy’s, Sears 40 miles / 50 minutes

Wyoming Valley MallWilkes-Barre, PA 911,000 sf Bon-Ton, JCPenney, Macy’s, Sears 40 miles / 50 minutes

Lehigh Valley MallWhitehall, PA 1,181,000 sf Boscov’s, Macy’s, JCPenney 45 miles / 55 minutes

Rockaway Townsquare® Rockaway, NJ 1,246,000 sf Lord & Taylor, Macy’s, JCPenney, Sears 50 miles / 55 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Liberty Village Outlet Marketplace® Flemington, NJ 162,000 sf Coach, Michael Kors 68 miles / 1 hour 18 minutes

Philadelphia Premium Outlets® Limerick Township, PA 549,000 sf Neiman Marcus Last Call, Nike,

Restoration Hardware 81 miles / 1 hour 41 minutes

Page 8: TANNERSVILLE, PENNSYLVANIA - Simon Property Group · Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round. LOCATION / DIRECTIONS ... SPG Research;

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).