AURORA FARMS PREMIUM OUTLETS

Transcription

1 AURORA, OHIO

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3 PROPERTY OVERVIEW AURORA FARMS PREMIUM OUTLETS AURORA, OH MAJOR METROPOLITAN AREAS SELECT TENANTS Cleveland Erie Akron: Cleveland: RETAIL 45 min. southwest 45 min. northwest GLA (sq. ft.) 285,000; 70 stores Aurora Farms Premium Outlets features national retailers, including Saks Fifth Avenue OFF 5TH, adidas, Aéropostale Outlet, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach, Eddie Bauer Outlet, Gap Outlet, LOFT Outlet, Michael Kors Outlet, Nautica Outlet, Nike Factory Store, The North Face, OshKosh B gosh, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, Under Armour, and more. Toledo Geauga Lake Aurora OPENING DATES Opened 1987 Expanded 1990, 1993, 1995, 2003 PARKING RATIO 6.1:1 RADIUS POPULATION 15 miles: 508, miles: 2,502, miles: 3,704,513 TOURISM / TRAFFIC Aurora Farms is the only outlet shopping center in northeast Ohio. Cleveland, less than 25 miles from the center, attracts 17.6 million travelers annually to explore and experience attractions like the Rock & Roll Hall of Fame, the Hard Rock Rocksino, the Pro Football Hall of Fame, the Cleveland Orchestra, as well as a variety of restaurants, sporting events, and museums. Numerous world-renown medical facilities in Cleveland draw a regular international consumer base to the area. Cleveland is currently investing more than $17 billion in capital developments $2.7 billion of which is tourism related. LOCATION / DIRECTIONS Columbus Akron Youngstown Pittsburgh AURORA FARMS PREMIUM OUTLETS AURORA, OH AVERAGE HH INCOME Approximately 45 minutes southeast of Cleveland on SR 43, near Shaker Heights and Chagrin Falls. 30 miles: $67,581 From Cleveland Hopkins Airport: Rte. 71N to Rte. 480E (Youngstown) to 422 Alt. (Warren) to Rte Turn right onto Rte. 306 and follow through center of Aurora (where 306 becomes 43). Follow SR 43 for 3/4 mile to Aurora Farms Premium Outlets on the left. Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

4 NORTH MASTER PLAN NIKE FACTORY STORE BANANA REPUBLIC FACTORY STORE POLO RALPH LAUREN FACTORY STORE SR 43 / CHILICOTHE RD. GAPKIDS/BABYGAP SAKS FIFTH AVENUE OFF 5TH

5 AERIAL OVERVIEW From I-80 (Ohio Trnpke.) SR 43 / S. CHILICOTHE RD. NORTH

6 SURROUNDING AREA CENTERS Simon Centers Competition 1 Aurora Farms Premium Outlets 2 Ashtabula Towne Square 3 Beachwood Place 4 Belden Village 5 Carnation City Mall 6 Chapel Hill Mall 7 Crocker Park Shopping Center 8 Eastwood Mall 9 Eton Chagrin Boulevard 10 Great Lakes Mall 11 Great Northern 12 Legacy Village 13 Lodi Station Outlets 14 Midway Mall 15 Richmond Town Square 16 Shenango Valley Mall 17 Southern Park Mall 18 SouthPark Mall 19 Summit Mall 20 Tower City Center 21 University Square Mall milion n n fflin Kipton Rochester annah ey Lakes Ashland Perrysville South Amherst Hayesville Sheffield Lake 6 90 Sheffield Lorain Avon Amherst Oberlin Wellington Polk Jeromesville Loudonville LaGrange Pheasant Run Spencer West Salem Elyria Eaton Estates Congress New Pittsburg Grafton Burbank Shreve Euclid Bratenahl Mayfield East Cleveland Chesterland Cleveland Heights Bay Village Cleveland 22 3 University Heights Hunting Valley Rocky River Beachwood 87 Shaker Heights 10 9 Westlake Linndale North Randall Chagrin Falls Brooklyn Heights Bentleyville Brook Park Parma Heights Bainbridge Solon Bedford Olmsted Falls Glenwillow 42 Gloria Glens Park Westfield Center Wooster Creston Fredericksburg Holmesville Medina 18 Strongsville 20 Brunswick Sterling Rittman Smithville Orrville Wadsworth Portage Lakes Norton Doylestown New Franklin Marshallville 30 Apple Creek Kidron Broadview Heights Fairlawn 21 Pigeon Creek Dalton Mount Eaton North Lawrence Winesburg Clinton Canal Fulton Brewster Wilmot Mentor-on-the-Lake Mentor Lakeline 11 Willowick Kirtland Waite Hill Wickliffe Northfield Aurora Reminderville 480 Twinsburg Heights Boston Heights Richfield Peninsula Montrose-Ghent 19 Akron Sugar Bush Knolls Green Hills and Dales Navarre Tallmadge Mogadore Sawyerwood Uniontown Zoar Grand River Silver Lake Brady Lake Kent Munroe Falls 6 7 Perry Heights Massillon Richville Streetsboro North Canton Louisville East Canton Chardon Mantua Aquilla Robertsville East Sparta Waynesburg Bolivar Magnolia Middlefield Burton Atwater224 Limaville Malvern Hiram North Madison Garrettsville Alliance Homeworth Minerva Geneva-on-the-Lake North Perry Geneva 20 Madison Perry Austinburg 90 Jefferson 15 MILES West Farmington Windham South Canal Craig Beach Beloit Damascus Hanoverton Rock Creek Roaming Shores Orwell Champion Heights Leavittsburg 30 MILES 6 Lordstown Summitville Morgandale Bolindale 9 Salem Salineville 2 Edgewood 2 Vienna Center McKinley Heights Hilltop Churchill Canfield Leetonia Cortland 8 Austintown Youngstown Columbiana Rogers Andover Yankee Lake Lowellville 19 Poland New Middletown 45 MILES New Waterford Lisbon Conneaut North Kingsville 17 Kinsman Center Lake Tomahawk Orangeville Reynolds Heights West Hill Masury West Middlesex Hubbard New Bedford Campbell Frizzleburg Negley S.N.P.J. Linesville Pymatuning Central Pymatuning South Jamestown Enon Valley Springboro Hartstown New Galilee Cranesvil Conneautville Greenville Clark Platea Harmon Conneaut L Connea Atlantic New Wilmin New Castle North Oakland South New Ca West Pittsbur Wampum Darlington Homewo Eastv Patterson H Falls Bridg Calcutta Ohioville Glenmoor Industry La Croft Glasgow Shippingport Newell Chester

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME First & Main Hudson, OH 200,000 sf Heinen s, Talbots, LOFT, White House Black Market 8 miles / 15 minutes Beachwood Place Cleveland, OH 955,000 sf Dillard s, Nordstrom, Saks Fifth Avenue 20 miles / 30 minutes Legacy Village Cleveland, OH 600,000 sf Crate & Barrel, Dick s Sporting Goods, Nordstrom Rack, LA Fitness, Giant Eagle 20 miles / 30 minutes Chapel Hill Mall Akron, OH 885,000 sf JCPenney, Sears 22 miles / 35 minutes Richmond Town Square Richmond Heights, OH 1,012,000 sf JCPenney, Sears 25 miles / 50 minutes Great Lakes Mall Mentor, OH 1,287,000 sf Dillard s, Macy s, JCPenney, Sears, Dick s Sporting Goods 30 miles / 35 minutes The Shoppes at Parma Parma, OH 992,000 sf JCPenney, Walmart, Dick s Sporting Goods 30 miles / 40 minutes Summit Mall Akron, OH 777,000 sf Dillard s, Macy s 30 miles / 60 minutes SouthPark Mall Strongsville, OH 1,300,000 sf Dillard s, JCPenney, Macy s, Sears 35 miles / 40 minutes Great Northern Mall North Olmstead, OH 891,000 sf Dillard s, Macy s, JCPenney, Sears, Dick s Sporting Goods 35 miles / 45 minutes OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME Ohio Station Outlets Lodi, OH Grove City Premium Outlets Grove City, PA 313,000 sf 52 miles / 1 hour 531,000 sf 79 miles / 1 hour 24 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).