A THRIVING COMMUNITY

Transcription

1 AKRON, OHIO

2 A THRIVING COMMUNITY For more than 50 years, Summit Mall has served the greater Akron community as well as some of the more affluent communities of Southern Cuyahoga County. The mall is adjacent to the affluent communities of Fairlawn, Bath, Copley, Richfield, Sharon Center, and Wadsworth. Shoppers come from a broad area including Summit, Medina, Portage, and Cuyahoga Counties. Major corporations in the market include Westfield, Signet Jewelers, Bridgestone/Firestone, FirstEnergy, and Goodyear, employing more than 25,000 people combined. Akron s unemployment rate is 5.0%, consistent with the national average. The area boasts excellent universities including the University of Akron (30,000 students) and Kent State (40,000 students). The Kent State Fashion School is recognized as one of the nation s best. Summit Mall is the shopping destination for travelers visiting the Bridgestone Invitational, the Canton Football Hall of Fame, and the Goodyear North America Headquarters.

3 THE CENTER OF STYLE Shoppers enjoy a welcoming atmosphere and a noteworthy merchandise mix at Summit Mall. The mall features more than 125 specialty stores, many of which are unique to the area. Apple at Summit Mall is one of only three in Northeast Ohio. Modern amenities include soft seating, charging stations, and a children s play area. Among the outstanding selection of restaurants are Bravo! Cucina Italiana, P.F. Chang s, First Watch, The Rail, Dewey s Pizza, and BJ s Restaurant & Brewhouse.

4 BY THE NUMBERS Anchored by Three Department Stores Macy s; Dillard s Women s; Dillard s Men s, Children s & Home Square Footage Summit Mall spans 777,000 square feet. Single Level Boasting more than 125 stores. Restaurants 10 quick-service eateries. Six sit-down restaurants.

5 IN GOOD COMPANY Chic. Distinctive. Stylish. Many fine brands have chosen Summit Mall as their preferred location. Altar d State Banana Republic Buckle Eddie Bauer PINK Sephora Ticknors Mens Clothier Victoria s Secret

6 POSITIONED TO SUCCEED The Summit Mall property is located in Fairlawn, Ohio, between Cuyahoga County and Akron, only 30 minutes from downtown Cleveland , ,332 The mall is strategically positioned at the confluence of Market Street, Ghent Road, and Smith Road. Located 1.5 miles from I-77 and just 10 minutes from I-71, I-76, and I-80, Summit Mall is easily accessible to the entire market , , $67, $72, , $150,567 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

7 Lorain Sheffield Elyria Avon North Ridgeville Westlake 5 North Olmsted Olmsted Falls Berea Fairview Park Brook Park Linndale 7 Parma Heights Shaker Heights Woodmere Newburgh Heights 271Orange Moreland Hills Cuyahoga Heights North Randall Chagrin Falls South Russell Brooklyn Heights 480 Garfield Heights Bentleyville Maple Heights Bedford Heights Bainbridge Seven Hills Valley View Solon Bedford Oakwood Walton Hills Glenwillow W t Northfield Reminderville Eaton Estates 8 Strongsville North 80 Royalton Broadview Heights Brecksville Twinsburg Twinsburg Heights Aurora 2 Hiram in Grafton Mantua Garrettsville 71 Boston Heights TRADE AREA BOUNDARY 80 Brunswick LaGrange Richfield Hudson Streetsboro Peninsula Windham Pheasant Run Sugar Bush Knolls on Spencer Medina Pigeon Creek Montrose-Ghent 1 Fairlawn Stow Silver Lake Munroe Falls 4 Tallmadge Brady Lake Kent 76 Brimfield Ravenna So Cr Akron Chippewa Lake Gloria Glens Park Mogadore Lodi Westfield Center Seville Wadsworth Norton Sawyerwood Lakemore Atwater 71 Barberton Portage Lakes amon Lake West Salem Burbank Congress 0 N 5 MILES 6 Creston Sterling Rittman Marshallville Doylestown New Franklin Clinton Canal Fulton Green Uniontown 77 Greentown 3 North Canton Hartville Limaville Alliance Maple Ridge Be Smithville New Pittsburg TRADE AREA & COMPETITION Simon Centers Competition Orrville North Lawrence 1 Summit Mall Louisville 2 Aurora Farms Premium Outlets 3 Belden Village Mall 4 Chapel Hill Mall 5 Great Northern Mall 6 Ohio Station Outlets 7 The Shoppes at Parma 8 SouthPark Mall th

8 SMITH RD. SUMMIT MALL DILLARD'S WOMEN S GHENT RD. SAND RUN PKWY. MACY'S BRAVO! CUCINA ITALIANA DEWEY S PIZZA FIRST WATCH THE RAIL P.F. CHANG S DILLARD'S MEN S, CHILDREN S & HOME BJ S RESTAURANT & BREWHOUSE SR 18 / W. MARKET ST. MOREWOOD RD. N AERIAL OVERVIEW

9 KEY DEPARTMENT STORES RESTAURANTS RETAIL SMITH RD. DILLARD S WOMEN S MACY S SAND RUN PKWY. BRAVO! CUCINA ITALIANA DEWEY S PIZZA FIRST WATCH SR 176 / GHENT RD. THE RAIL P.F. CHANG S DILLARD S MEN S, CHILDREN S & HOME SR 18 / WEST MARKET ST. CRAWFIS BLVD. BJ S RESTAURANT & BREWHOUSE N SITE PLAN

10 UNIQUE OPPORTUNITY Summit Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Kyle Capshaw (817) kyle.capshaw@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).