TWIN CITIES PREMIUM OUTLETS JOINT VENTURE WITH PARAGON OUTLETS

Transcription

1 EAGAN, MINNESOTA

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3 PROPERTY OVERVIEW TWIN CITIES PREMIUM OUTLETS JOINT VENTURE WITH PARAGON OUTLETS EAGAN, MN 52 35E MAJOR METROPOLITAN AREAS SELECT TENANTS 94 Minneapolis: St. Paul: RETAIL GLA (sq. ft.) 409,000; 100 stores 10 miles 10 miles adidas, Ann Taylor Factory Store, Armani Outlet, Banana Republic Factory Store, Coach Factory Store, Cole Haan Outlet, Express Factory Outlet, Fossil, Gap Factory Store, J.Crew Factory, Lucky Brand Outlet, Michael Kors Outlet, Movado Company Store, NikeFactoryStore, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, True Religion, Under Armour, Vera Bradley W Minneapolis 35W St. Paul E E OPENING DATES TOURISM / TRAFFIC Eagan Opened August 2014 PARKING RATIO 5.5:1 RADIUS POPULATION The City of Eagan is a growing suburb located southwest of the Greater Minneapolis-St. Paul (MSP) metro area. The MSP metro area is home to more than 3.2 million people. With a GMP of nearly $200 billion, MSP is the 13th largest metropolitan economy in the U.S. and 44th in the world. The greater MSP area is home to 19 Fortune 500 companies and seven of Forbes largest private firms. It is also an important center for manufacturing, retail, bioscience and medical technology, pharmaceuticals, and health care. TWIN CITIES PREMIUM OUTLETS EAGAN, MN miles: 1,601, miles: 2,925, miles: 3,405,838 AVERAGE HH INCOME 30 miles: $88,034 Eagan is only 10 miles from both Minneapolis and St. Paul. Traffic counts by the site are approximately 125,000 VPD. In 2008, MSP had 17.9 million visitors and was selected as one of Frommer s top international destinations. Locals and visitors will travel by the site on the way to many of Minnesota s attractions. The MSP International Airport is only minutes away and serves more than 33 million passengers annually. LOCATION / DIRECTIONS Intersection of Highway 13 and Highway 77 (Cedar Avenue) in Eagan, Minnesota. Information accurate as of 5/1/16. Source: SPG Research; trade area demographic information per STI: PopStats (2015).

4 MASTER PLAN SR 13 / SIBLEY MEMORIAL HWY. NICOLS RD. EAGAN OUTLETS PKWY. UPPER LEVEL PARKING DECK CEDAR GROVE PKWY. N TO CEDAR GROVE PKWY.

5 AERIAL OVERVIEW SR 13 / SIBLEY MEMORIAL HWY. NICOLS RD. RAHN RD. EXIT TO SR 77 / CEDAR AVE. NICOLS RD. EAGAN OUTLETS PKWY. CEDAR GROVE PKWY. NORTH

6 SURROUNDING AREA CENTERS Sartell Sauk Rapids on Simon Centers Competition Twin Cities Premium Outlets Albertville Premium Outlets Burnsville Center Eden Prairie Center Galleria Gaviidae Common Mall of America Maplewood Mall Medford Outlet Center Northtown Mall Ridgedale Center Riverdale Village Rosedale Center The Shoppes at Arbor Lakess The Shops at West End Southdale Center Woodbury Lakes Harris St Cloud St Joseph Waite Park Cold Spring Luck Cambridge Princeton North Branch Isanti St Augusta Clear Lake Clearwater Balsam Lake Centuria Zimmerman St Francis Bethel Becker Silver Creek Ramsey Otsego 2 Dayton Albertville 2 St Michael Kingston Andover Columbus Ham Lake Anoka 12 Champlin 12 Rogers Stacy Wyoming Elk River Monticello Annandale Maple Lake Martin Lake East Bethel Nowthen Oak Grove Big Lake Fairhaven Watkins Kimball South Haven Cumberland Milltown Center City Almena Turtle Lake Taylors Falls St Croix Falls Dresser Lindstrom Chisago City Osceola Clayton Amery Forest Lake Scandia Prairie F Marine on St Croix Star Prairie Hugo Deer Park Centerville Lexington 10 Somerset New Richmond North Oaks Osseo Spring Lake Park Corcoran DellwoodGrant Darwin Rockford 14 Dassel Emerald Waverly Fridley Shoreview Cokato Stillwater Howard Lake Medina Glenwood City White Bear Lake Loretto Hilltop Oak Park Heights Plymouth Delano New Hope Downing 8Pine Springs St Anthony Bayport North St Paul Maple Plain 13 Medicine Lake Lauderdale Oakdale Lake Elmo Hudson Golden Valley Minneapolis 6 Long Lake Lakeland Baldwin Winsted 11 Roberts 15 Watertown Wilson Knapp Shorewood Landfall St Louis Park Lakeland Shores Woodville 17 St Paul Minnetrista Spring Park Hopkins St Marys Point Greenwood Woodbury Lilydale St Bonifacius Silver Lake Edina Afton Excelsior Mendota Mayer Hutchinson River Falls Lester Prairie 16 5 Newport Spring Valley Victoria Chanhassen 7 4 Waconia St Paul Park Eden Prairie Bloomington Biscay Chaska Inver Grove Heights Eagan Burnsville Elmwood Plato Cologne Cottage Grove Glencoe Shakopee Savage Carver Hastings 3 Apple ValleyRosemount Ellsworth Brownton Hamburg Prior Lake t 15 MILES Coates Hanover Blaine Coon Rapids M D 3 Green Isle New Auburn Farmington New Trier New Prague Henderson Heidelberg Le Sueur Ulm Courtland Nicollet Randolph Cannon Falls Madelia Garden City Frontenac Stockholm Pepin 45 MILES Dennison Nelson Goodhue Wabasha Bellechester Kilkenny Waterville Madison Lake St Clair Maiden Rock Nerstrand Cleveland Lake Crystal Arkansaw Lake City Dundas Faribault Kasota North Mankato Eagle Lake Skyline Bay City Lonsdale Montgomery Mankato earles Red Wing 30 MILES Le Center St Peter Plum City Miesville Elko New Market Gaylord Lafayette Vermillion Hampton Belle Plaine Arlington Winthrop Lakeville Jordan Kenyon Warsaw Wanamingo Zumbrota Mazeppa Kellogg Zumbro Falls Millville Hammond Morristown Elysian 9 9 Medford West Concord Pine Island Oronoco Plainview Elgin Janesville Waseca Owatonna Elba Claremont Mantorville A Byron

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Mall of America Bloomington, MN 2,500,000 sf Macy s, Nordstrom, Sears 3 miles / 5 minutes Burnsville Center Burnsville, MN 1,100,000 sf Dick s Sporting Goods, JCPenney, Macy s, Sears 8 miles / 12 minutes Galleria Edina, MN 420,000 sf Gabberts Design Studio & Fine Furniture, Crate & Barrel, Pottery Barn 11 miles / 17 minutes Southdale Center Edina, MN 1,297,000 sf Herberger s, Macy s, JCPenney, Gordmans, AMC 16 Theatres 11 miles / 17 minutes Rosedale Center Roseville, MN 1,150,000 sf Herberger s, JCPenney, Macy s, AMC Theatres 22 miles / 26 minutes Ridgedale Center Minnetonka, MN 1,040,000 sf JCPenney, Macy s, Nordstrom, Sears 22 miles / 26 minutes Woodbury Lakes Woodbury, MN 390,000 sf DSW 21 miles / 26 minutes The Shoppes at Arbor Lakes Maple Grove, MN 850,000 sf Whole Foods Market, World Market, AMC Theatres 31 miles / 34 minutes OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME Albertville Premium Outlets Albertville, MN 429,000 sf 47 miles / 49 minutes

8 60 Columbia Road Building B 3rd Floor Morristown, NJ (973) 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).