LITTLE ROCK ARKANSAS

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1 LITTLE ROCK ARKANSAS

2 1.1 MILLION RESIDENTS Live within 60 miles 6.4 MILLION VISITORS Annually to Pulaski County 739,127 RESIDENTS Live in Little Rock MSA 92,000 CARS Average daily traffic on I- 2 OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS Outlets of Little Rock features such brand favorites as ASICS, Banana Republic Factory Store, Brooks Brothers Factory Store, Cole Haan, GAP Factory, H&M, Le Creuset, Levi s Outlet Store, LOFT Outlet, JCrew Factory, Nike Factory Store, RH Outlet, Tommy Hilfiger, and Under Armor.

3 OPPORTUNITY Outlets of Little Rock, the only outlet shopping center in Arkansas, features some of the nation s best brand names, including ASICS, Banana Republic Factory Store, Brooks Brothers Factory Store, Cole Haan, H&M, JCrew Factory, Le Creuset, Levi s Outlet Store, LOFT Outlet, Old Navy Outlet, Nike Factory Store, RH Outlet, Tommy Hilfiger, and Under Armour. Adjacent to the only Bass Pro Shops store in Arkansas and with no other outlet center within 138 miles, Outlets of Little Rock fills a significant retail void in the market and is a strong statewide draw. The center has excellent highway access and visibility with its location at the intersection of I- and I-4, with 92,000 cars driving by the site daily. The demographics are excellent, with nearly % of the state s population living within 60 miles of the site. The Outlets of Little Rock trade area has 20 colleges with more than 60,000 students. Pulaski County, the county in which the project is located, attracts 6.4 million annual visitors. Little Rock is a very unique city, encompassing a community with premier national attractions, a superb quality of life, and world-class appeal. The largest city in Arkansas and the state capital, Little Rock has a strong tourism market, with key attractions including the William J. Clinton Presidential Library and the nearby Verizon Arena. OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS 3

4 LOCATION Ideal location Located in Little Rock, the capital city of Arkansas and the most populous city in the state Easily accessible with location at the intersection of I- and I-4 Excellent visibility with 92,000 cars driving by the site daily Only 13 miles from Clinton National Airport Adjacent Bass Pro Shops, Dave & Buster s, Cavendar s, 49 MISSOURI Movie Tavern, and Tru by Hilton draw strong traffic to the site. Directional billboards on I- east and westbound and I- east and westbound advise motorists of upcoming exits. OKLAHOMA Fayetteville Fort Smith Harrison ARKANSAS Searcy Conway Little Rock Jonesboro Memphis Southaven 55 SITUATED ON THE ARKANSAS RIVER, LITTLE ROCK IS HOME TO A THRIVING NEW SOUTH CULTURE. Little Rock Convention & Visitors Bureau Hot Springs 5 Arkadelphia Pine Bluff 55 I- I- TEXAS 49 MISSISSIPPI MAJOR INTERSTATE East to downtown Little Rock and Clinton National Airport; West to Hot Springs. MAJOR INTERSTATE East to Memphis, Tennessee; West to Fort Smith, Arkansas. 4 OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS

5 Average Daily Traffic I-: 92,000 I-4: 70,000 BASS PRO PKWY EXIT 128 TO HOT SPRINGS MILES 92,000 ADT EXIT 128 TO CLINTON NATIONAL AIRPORT (LIT) 13 MILES TO DOWNTOWN LITTLE ROCK 14 MILES EXIT ,000 ADT 4 N OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS 5

6 With no other outlet center in Arkansas, Outlets of Little Rock is a strong statewide draw. 44 TANGER OUTLETS BRANSON, MISSOURI 177 MILES AWAY Branson MISSOURI Fayetteville 49 Harrison ARKANSAS OKLAHOMA Jonesboro 55 TENNESSEE 555 Fort Smith Conway Searcy Southaven TANGER OUTLETS SOUTHAVEN, MISSISSIPPI 164 MILES AWAY Little Rock 164 MILES Distance to closest outlet center Hot Springs Arkadelphia 5 Pine Bluff MISSISSIPPI 55 6 OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS COMPETITION

7 MARKETS MAUMELLE SHERWOOD MCALMONT McCain Mall Retail market There are three full-price shopping centers in greater Little Rock more than nine miles from Outlets of Little Rock. Mall McCain Mall Promenade at Chenal Park Plaza Distance 19.8 miles 11.4 miles 9.7 miles Promenade at Chenal Park Plaza 6 LITTLE ROCK NORTH LITTLE ROCK Arkansas State Capitol 5 SWEET HOME 70 Bill and Hillary Clinton National Airport 4 Outlets of Little Rock provides an ideal opportunity to enter the Little Rock market. ALEXANDER BRYANT OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS 7

8 DEMOGRAPHICS DEMOGRAPHIC ANALYSIS Population 2017 Estimated Population 2022 Projected Population 2017 Adj. Daytime Demographics Age 16 Years or Over 2017 Median Age 60 Miles 1,139,861 1,144,2 929, Searcy 1 64 Income 2017 Estimated Average Household Income 2017 Estimated Median Household Income $65,456 $53, MILE RADIUS Conway 1 Households 2017 Estimated Households 2022 Projected Households 461, ,071 MILE RADIUS Little Rock 70 Education (Age 25+) 2017 Estimated Some College 2017 Estimated Associates Degree Only 2017 Estimated Bachelors Degree Only 2017 Estimated Graduate Degree Business 2017 Estimated Total Businesses 2017 Estimated Total Employees 23.8% 7.2% 16.2% 9.2% 48, ,282 Hot Springs Arkadelphia Pine Bluff MILLION RESIDENTS Within a 60 mile radius 461,933 HOUSEHOLDS Within a 60 mile radius $65,456 AVERAGE HOUSEHOLD INCOME Within a 60 mile radius 929,879 DAYTIME POPULATION Within a 60 mile radius 8 OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS

9 TOURISM 29.5 MILLION VISITORS Annually to Arkansas 6.4 MILLION VISITORS Annually to Pulaski County The Arkansas River Trail System winds its way through Little Rock and North Little Rock, connecting 38 parks, six museums and 5,000+ acres of federal, state and local parkland. Thousands of hikers, cyclists, skaters, and joggers flock to the trail to explore its diversity of habitats, landscapes and activities. Outlets of Little Rock is on the major route to the popular resort area, Hot Springs, known as The American Spa for its natural hot springs. About miles away from Outlets of Little Rock, Hot Springs welcomes over 6.7 million annual visitors. $7.9 BILLION $1.95 BILLION Annual Arkansas visitor travel expenditures 15 MAJOR U.S. CITIES Non-stop flights from Clinton National Airport Annual Pulaski County visitor travel expenditures MILES FROM HOT SPRINGS Popular resort area with 6.7 million annual visitors Located on the banks of Arkansas River in the Little Rock s River Market District, the William J. Clinton Presidential Center attracts nearly 335,000 visitors annually. It provides 20,000 square feet of exhibit space chronicling American history at the turn of the 21st century and hosts free festivals, musical performances and special events throughout the year. In the heart of downtown Little Rock, the River Market District hosts a bustling market hall as well as loft apartments, luxury condominiums, remodeled and newly-developed office and retail space, restaurants, bars, entertainment and cultural venues. Popular events such as Jazz in the Park, free Movies in the Park and the Pops on the River draw visitors year-round. OUTLETS OF LITTLE ROCK LITTLE ROCK, ARKANSAS 9

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