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THE SHOPS AT WIREGRASS 28211 PASEO DRIVE TAMPA, FLORIDA theshopsatwiregrass.com/leasing

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Page 1: THE SHOPS AT WIREGRASS - Placewise

THE SHOPSAT WIREGRASS28211 PASEO DRIVETAMPA, FLORIDA

theshopsatwiregrass.com/leasing

Page 2: THE SHOPS AT WIREGRASS - Placewise

2

AUTHENTICALLY TAMPA

#1 city Americans are moving to. (Realtor.com)

FUN FACT

TAKE ADVANTAGE OF A HOT MARKET THAT’S COOLER THAN YOU THINK:

Affordable cost of living + competitive wages + no state income tax = more disposable income. (Tampa Bay Economic Development Council)

Top 3 employers represent a combined 79,500+ workforce. (Tampa Bay Business Journal, October 2019)

23 million tourists visit Tampa, spending $5.9 billion dollars. (Visit Tampa)

More than 19 firms, including four Fortune 500 companies, are headquartered here all with annual revenues exceeding $1 billion.

Though known for hot summers, Tampa’s official high has never reached 100 °F. The city’s all-time record temperature is 99 °F (37 °C).

Page 3: THE SHOPS AT WIREGRASS - Placewise

WESLEY CHAPEL: A DESTINATION, A LIFESTYLE, A CHOICE ENVIRONMENT

Wiregrass Ranch Sports Complex opened August 2020 will generate 27K annual hotel room nights within walking distance of the center.

100,000 SF

Located in the high-growth trade area of Wesley Chapel, The Shops at Wiregrass is a true lifestyle destination, primed to take advantage of the consistent growth in daytime visitors.

nearby hospitals increase daytime population and contribute to 8.4% job growth rate.*

12

new residential communities under construction along the SR 56 corridor and over 11,000 homes developed in the last 3 years

15

*Chamber of Commerce

3

Center Ice Complex is the largest facility in the southeast hosting 1 million annual visitors.

150,000 SF

Page 4: THE SHOPS AT WIREGRASS - Placewise

The Shops at WiregrassThe Shops at Wiregrass

PASCO

Tampa Premium Outlets

Westfield Brandon

581

75

275

56

75

75

TRADE AREA WHY WIREGRASS

PRIMARY TRADE AREA

SECONDARY TRADE AREA

Source: dimension by CBRE4

275

TAMPA

• Wiregrass Ranch Sports Complex 1 mile

• Center Ice Complex 2.5 miles

• Tampa Premium Outlets 4 miles

• Downtown Tampa 20 miles

• Tampa Intl. Airport 20 miles

• Westfield Brandon 22 miles

• Cruise Ship Terminal 22 miles

• International Plaza 25 miles

International Plaza

Tampa International Airport

ORLANDO90 miles

Wiregrass Ranch Sports Complex

Cruise Ship Terminal

CLEARWATER BEACH45 miles

TRADE AREA HIGHLIGHTS

Center Ice Complex

Page 5: THE SHOPS AT WIREGRASS - Placewise

Source: Esri 2020 & dimension by CBRE *Includes Primary & Secondary Trade Areas

Average Income• Primary/Secondary: $102,898• 30 Minute Drive Time: $80,136

Population Growth• Primary/Secondary: 2.39%• 30 Minute Drive Time: 1.58%

Household Growth• Primary/Secondary: 2.28%• 30 Minute Drive Time: 1.52%

THE SHOPS AT WIREGRASS

DEMOGRAPHICS

5

INTERNATIONAL PLAZA WESTFIELD BRANDON

Average Income• Primary/Secondary: $88,222• 30 Minute Drive Time: $78,201

Population Growth• Primary/Secondary: 1.46%• 30 Minute Drive Time: 1.18%

Household Growth• Primary/Secondary: 1.40%• 30 Minute Drive Time: 1.13%

Average Income• Primary/Secondary: $82,614• 30 Minute Drive Time: $83,583

Population Growth• Primary/Secondary: 1.85%• 30 Minute Drive Time: 1.65%

Household Growth• Primary/Secondary: 1.76%• 30 Minute Drive Time: 1.59%

With demographics boasting steady household growth and income levels exceeding those of the competition, the Shops at Wiregrass provide an optimal environment for retailers to succeed.

Page 6: THE SHOPS AT WIREGRASS - Placewise

Source: 2020 Esri & dimension by CBRE

23.3% 7A Up & Coming Families• Median age: 31.4• Younger, mobile and ethnically diverse families• One of the fastest-growing markets in the

country, over indexing by 350+ points10.3% 4A Soccer Moms• Median age: 37• Affluent and family oriented• Tech and trend savvy9.9% 1C Boomburbs• Median age: 34• Affluent, young families• Leaving large metro areas

THE SHOPS AT WIREGRASS

SHOPPER PROFILES

6

INTERNATIONAL PLAZA

18.2% 7A Up & Coming Families • Median age: 31.4• Younger, mobile and ethnically diverse families• One of the fastest-growing markets in the

country, over indexing by 350+ points5.8% 9C The Elders • Median age: 72.3

• Oldest market segment

• Informed, independent and involved5.6% 10D Down the Road • Median age: 35

• Low-density, semi-rural neighborhoods in large metropolitan areas

• Young and diverse, higher unemployment and much lower median household income than the US average

WESTFIELD BRANDON

7.0% 11B Young and Restless• Median age: 29.8• This market ranks in the top 5 for renters,

movers, college enrollment, and labor force participation rate

• Diverse, favoring densely populated neighborhoods in large metropolitan areas

5.2% 7A Up & Coming Families• Median age: 31.4• Younger, mobile and ethnically diverse families• One of the fastest-growing markets in the

country, over indexing by 350+ points3.9% 11C Metro Fusion• Median age: 29.3• Young, diverse market with many households

having young children• Many residents do not speak English fluently

and have moved into their homes recently

• Median incomes are 36% lower than the US level

Page 7: THE SHOPS AT WIREGRASS - Placewise

Source: 2020 Esri & dimension by CBRE

THE SHOPS AT WIREGRASS

SHOPPER BEHAVIOR

7

INTERNATIONAL PLAZA WESTFIELD BRANDON

Average amount spent on apparel & services per household. 13% above national average.

Average amount spent eating out per household. 14% above national average.

$4,199

$2,477

Average amount spent on groceries per household. 12% above national average.

$6,073

Average annual HH discretionary budget.$81,136

Average amount spent on apparel & services per household.

Average amount spent eating out per household.

$3,645

$2,160

Average amount spent on groceries per household.

$5,280

Average annual HH discretionary budget. $69,483

Average amount spent on apparel & services per household.

Average amount spent eating out per household.

$3,384

$1,961

Average amount spent on groceries per household.

$4,730

Average annual HH discretionary budget. $67,477

Food/ Entertainment & Recreation

17%Household

Goods & Services

22%

Food/ Entertainment & Recreation

20%Household Goods

& Services

38%

Food/ Entertainment & Recreation

16%Household Goods

& Services

38%

Thriving population. Higher spending power.

Page 8: THE SHOPS AT WIREGRASS - Placewise

MIX THE SHOPS AT WIREGRASS

Fall 2020

8

Spring 2021

Page 9: THE SHOPS AT WIREGRASS - Placewise

UP

UP

S T A T E R O A D 5

6

PASEO DRIVE

PARKING GARAGE

PASEO DRIVE

PIAZ

ZA

AV

ENU

E

WILLET WAY

Row HouseSte 880Build-A-BearSte 870TillyʼsSte 860

Ste 920

BuckleSte 940

Victoriaʼs

SecretSte 1020

Ste 1080

Ste 290

Ste 300

Chuck Lager Tavern

Ste 375

Ste 1160

Grill Smith

Hollister

Ste 950

Ste 960

Ste 150Ste 140

Venetia

n Nail

SpaSte

890

Lizard

Thick

etSte

1050

WILLET WAY

C B R E M A L L A N D L A R G E F O R M A T R E T A I L© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express writ ten consent of the owner is prohibited.

Property Capsule Aerial9

SITE PLAN THE SHOPS AT WIREGRASS

Page 10: THE SHOPS AT WIREGRASS - Placewise

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

David Conn

Executive Vice President813.273.8440

[email protected]

CBRE, Inc.101 E. Kennedy Blvd., Suite 1500

Tampa, FL 33602

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