SHENANDOAH VALLEY PICTURE PERFECT

Transcription

1 WINCHESTER, VIRGINIA

2 SHENANDOAH VALLEY PICTURE PERFECT Winchester is located 70 miles west of the nation s capital and is one of the fastest-growing metropolitan areas in Virginia, serving a market of 262,000 people. The Northern Shenandoah Valley is home to several federal agency operations that have moved away from metro Washington, D.C., including the FBI, FEMA, and the Army Corps. 60% of the area s employers are evenly divided by government, health care, retail, and manufacturing. Navy Federal Credit Union, the world s largest credit union, makes its corporate home in Winchester, VA. Long known as the Apple Capital because vast orchards surround it, Winchester has a large apple-exporting industry. The Shenandoah Apple Blossom Festival draws crowds in excess of 250,000 each spring.

3 STYLISH SHOPPING Apple Blossom Mall serves the northern Shenandoah Valley, located in scenic and historic Winchester, Virginia. Combined with the regional draw of our department stores; the recent completion of the mall renovation, new theatre, and addition of 35,000 square feet of new national retailers in recent years, has solidified the center s position in the market as the premier retail destination. Top shopping categories are junior apparel, jewelry, and footwear. Apple Blossom s customer base is predominately blue collar with an Annual Average Household Income of $73,000.

4 BY THE NUMBERS Anchored by Three Department Stores Belk, JCPenney, Sears Square Footage Apple Blossom Mall covers 473,000 square feet. Single Level Boasting more than 80 specialty stores. Entertainment Featuring a Apple Blossom 12 Cinemas entertainment complex.

5 IN GOOD COMPANY TM Distinctive. Classic. Trendy. Many popular brands have chosen Apple Blossom Mall as their preferred location in the Virginia market. Hollister Kay Jewelers Shoe Dept. Encore Sports Zone Elite Victoria s Secret Apple Blossom Mall features a variety of dining options to satisfy every palate. Asian Bento Cafe Charleys Philly Steaks Chick-fil-A Auntie Anne s King s New York Pizza

6 POSITIONED TO SUCCEED Apple Blossom Mall is located in Winchester, Virginia, 70 miles west of Washington, D.C. Apple Blossom, the only enclosed mall in a 45-mile radius, is the largest shopping center in the market and offers the best selection of stores to shoppers The mall s position at the heavily traveled intersection of I-81 & SR-50 (60,000 cars daily), and its close proximity to Shenandoah University and downtown Winchester, give it a competitive advantage over the smaller shopping centers in the market , , , , $73, $84, , $255,222 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

7 Barrelville Finzel ille Hancock Flintstone Cearfoss Bowmans Addition Greensburg Zihlman Frostburg Clarysville Carlos Pecktonville La Vale 70 Wilson-Conococheague Indian Springs Ridgeley 70Bowling Green Little Orleans Bath (Berkeley Springs) Great Cacapon Potomac Park Big Pool 12 Big Spring Bel Air Spring Gap Bier Rawlings 8 Downsville Mapleville Woodsboro Boonsboro Myersville Mercersville 70 Springfield Frederick Middletown Rohrersville Shepherdstown 7 Braddock Heights7 Antietam Gapland TRADE AREA BOUNDARY Burlington Yarrowsburg Inwood Romney Capon Bridge Jefferson Sandy Hook Charles Town New Market Monrovia Urbana Adamstown 270 Point of Rocks Lovettsville D 2Clarksburg 2 Barnesville Shannondale Shawneeland Spring Ridge Buckeystown Rosemont Brunswick Middleway Ballenger 14Creek Garretts Mill Shenandoah Junction Ranson Lake Holiday Libertytow Walkersville Eakles Mill Martinsburg McCoole Keyser San Mar Breathedsville Dawson Thurmont Bagtown Tilghmanton Bakersville Fort Ashby Pondsville Mount Aetna St James Falling Waters Paw Paw Green Spring Danville Franklin Westernport Luke Hedgesville Oldtown Robinwood Funkstown 8 Williamsport Gilmore Barton Chewsville Kemps Mill 13 Halfway Ocean Lonaconing Nikep Emmitsburg Fort Ritchie Leitersburg Hillsboro Montgo Winchester 33 Berryville Shenandoah Retreat Round Hill Poolesville Hamilton 9 North Pot Lansdowne University Center Brambleton Shenandoah Shores Chester Gap Marshall Greenbriar Fair Lakes Centreville Haymarket Gainesville MILES New Baltimore Mount Jackson MILES Washington TRADE AREA & COMPETITION Simon Center Competition Apple Blossom Mall Clarksburg Premium Outlets Creekside Dulles Town Center Fair Oaks Mall 10 Bull Run 10 Flint Hill MILES Franklin Farm The Plains Edinburg Francis Scott Key Mall Frederick Towne Mall Hagerstown Premium Outlets Leesburg Corner Premium Outlets Buckhall Clifton Manassas Linton Hall Pi Merrifield We Fairfax Mantua George Mason Wakefie Ravens Burke Centre West Spri South Run Newington Crosspointe Warrenton Wolf Trap Vienna Reston Chantilly Woodstock 0 Herndon Floris South Riding Bull Run Mountain Estates Basye Oak Grove Stone Ridge Apple Mountain Lake Lowes Island McNair Arcola Travilah Cascades Sterling Moorefield Station Strasburg Toms Brook Maurertown 4 4 Broadlands Shenandoah Farms tersburg N G 9 Leesburg Boyce Stephens City Wardensville Moorefield 1 Manassas Mall Reston Town Center Valley Mall Westview Promenade

8 US 50 / US 17 / MILLWOOD PKE. MILLWOOD AVE. E. JUBAL EARLY DR. APPLE BLOSSOM DR. MALL DR. SHOPPING CENTER DR. SEARS I-81 APPLE BLOSSOM 12 CINEMAS S. PLEASANT VALLEY DR. JCPENNEY APPLE BLOSSOM MALL BELK PATSY CLINE BLVD. N AERIAL OVERVIEW

9 I-81 MALL BLVD. SEARS E. JUBAL EARLY DR. APPLE BLOSSOM DR. APPLE BLOSSOM 12 CINEMAS N KEY DEPARTMENT STORES RETAIL THEATER JCPENNEY SHOPPING CENTER DR. BELK PATSY CLINE BLVD. SITE PLAN

10 UNIQUE OPPORTUNITY Apple Blossom Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Vince Vettraino (484) vvettraino@simon.com

11 225 West Washington Street Indianapolis, IN (317) simon.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).