VALLEY STREAM, NY MARKET PROFILE 2016 PROPERTY TYPE: Regional TOTAL SQUARE FEET: 1,799,000 MAJOR RETAILERS: American Eagle, Best Buy, BJ s Wholesale Club, Century 21, Express, Forever 21, H&M, JCPenney, Kohl s, Macy s, Macy s Men s & Furniture, Modell s, Old Navy, Pink, Sears, Victoria s Secret, Walmart RESTAURANTS & ENTERTAINMENT: Applebee s, Bronx BBQ, Chipotle, Olive Garden, Panera Bread, Red Lobster, TGI Friday s FOOD COURT: 12 units BUILT / RENOVATED: 1956 / 2007 FOR INFORMATION: 516-561-7360 Macerich.com
DEMOGRAPHIC SUMMARY POPULATION PRIMARY TRADE AREA TOTAL TRADE AREA 2015 Total Population 429,234 1,181,938 19,986,850 2020 Total Population 441,844 1,216,873 20,524,783 2015-2020 Population Growth 2.9% 3.0% 2.7% NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA [MSA] HOUSEHOLDS 2015 Total Households 131,669 382,779 7,321,351 2020 Total Households 135,535 394,262 7,529,783 2015-2020 Household Growth 2.9% 3.0% 2.8% INCOME Average Household Income $85,858 $85,117 $96,321 Median Household Income $71,948 $62,164 $65,897 Per Capita Income $26,434 $27,762 $35,577 HOUSEHOLD INCOME RANGES $50,000 + 89,107 67.7% 230,136 60.1% 4,447,726 60.8% $75,000 + 63,597 48.3% 163,258 42.7% 3,341,217 45.6% $100,000 + 42,844 32.5% 114,503 29.9% 2,462,980 33.6% $150,000 + 15,369 11.7% 50,028 13.1% 1,334,641 18.2% AGE Median Age 38.3 37.4 38.4 EDUCATION/OCCUPATION LEVELS Bachelor s Degree Plus 77,123 26.3% 226,187 28.5% 5,193,831 37.8% White Collar 120,698 56.3% 319,868 57.5% 6,222,277 64.4% RACE/ETHNICITY White 62,902 14.7% 361,569 30.6% 11,578,729 57.9% Black 257,595 60.0% 486,381 41.2% 3,486,160 17.4% American Indian 3,162 0.7% 8,755 0.7% 98,115 0.5% Asian 44,590 10.4% 131,900 11.2% 2,137,883 10.7% Pacific Islander 378 0.1% 1,181 0.1% 9,727 0.0% Other Race 60,607 14.1% 192,152 16.3% 2,676,237 13.4% Hispanic or Latino 63,270 14.7% 259,589 22.0% 4,855,364 24.3% Not Hispanic or Latino 365,963 85.3% 922,349 78.0% 15,131,486 75.7% DAYTIME EMPLOYMENT Total Businesses 10,052 33,143 867,418 Total Employees 85,682 327,263 10,107,397 Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2015 and 2020
TRADE AREA MAP LEGEND GREEN ACRES MALL PRIMARY TRADE AREA SECONDARY TRADE AREA COMPETITIVE CENTERS OTHER CENTERS N Green Acres 10% PCW
HYUNDAI SITE PLAN MICHAELS CLASSIQUE HOMES Green Acres Mall is conveniently located on Sunrise Highway, which is traveled by 60,000+ vehicles daily. As one of the top 30 largest malls in the United States, Green Acres campus receives approximately 20 million annual visits and generates $1 billion in annual sales. Century 21 Department Store, an approximately 70,000-square-foot, two-level store, is now open. The addition of Century 21 further expands the center s appeal for this affluent trade area. Half a million people reside within a five-mile radius of Green Acres Mall, with an average household income in excess of $85,000. The trade area includes The Five Towns, one of the wealthiest communities in New York State, which includes luxury homes and exclusive private communities. Green Acres Commons, a new 350,000-square-foot shopping destination adjacent to the well-located Green Acres Mall, is set to deliver big-box retailers including Ashley Furniture HomeStore, BJ s Restaurant & Brewhouse, Burlington, Buffalo Wild Wings, DICK S Sporting Goods, 24 Hour Fitness and Five Below, to name a few. The grand opening for Green Acres Commons is set for fall 2016.
MARKET INFORMATION MAJOR EMPLOYERS EMPLOYEE COUNT 1 HAUPPAUGE INDUSTRIAL PARK 55,000 2 NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM 44,000 3 NATIONAL GRID 25,000+ 4 CABLEVISION SYSTEMS 14,471 5 PSEG 10,001+ 6 WINTHROP SOUTH NASSAU UNIVERSITY HEALTH SYSTEM 8,025 7 LONG ISLAND UNIVERSITY 4,000 YEARLY SALES MONTH SALES % JAN 6.3% FEB 7.5% MAR 8.4% APR 7.9% MAY 8.4% JUN 9.2% JUL 7.6% AUG 7.8% SEP 8.4% OCT 7.5% NOV 8.3% DEC 12.7% VEHICLE TRAFFIC COUNTS MAJOR HIGHWAYS NEAR CENTER 2014 AVG DAILY ROADS NEAR CENTER ENTRANCES 2014 AVG DAILY SUNRISE HWY/ROUTE 27 61,226 GREEN ACRES RD 8,812 MILL RD 22,690 SCHOOLS NUMBER OF SCHOOLS NUMBER OF STUDENTS VALLEY STREAM 14 9,379 ELMONT 7 3,918 HEWLETT/WOODMERE 5 3,013 LYNBROOK 7 3,140 ROSEDALE 4 2,417 MALVERNE 4 1,671 FRANKLIN SQUARE 3 1,927 COLLEGE/UNIVERSITY LOCATION STUDENT POPULATION ADELPHI UNIVERSITY GARDEN CITY 8,077 LONG ISLAND UNIVERSITY/CW POST BROOKVILLE 14,357 NASSAU COMMUNITY COLLEGE GARDEN CITY 23,550 ST. JOHNS UNIVERSITY JAMAICA 20,448 CUNY QUEENS BOROUGH COMMUNITY COLLEGE BAYSIDE 16,000 HOFSTRA UNIVERSITY HEMPSTEAD 11,032 CUNY QUEENS COLLEGE FLUSHING 19,000 SUNY OLD WESTBURY WESTBURY 4,422 TOURISM MAJOR HOTELS NUMBER OF ROOMS DOUBLE TREE 385 HAMPTON INN 212 HILTON GARDEN INN 191 SHERATON 150 COURTYARD BY MARRIOTT 131 HOLIDAY INN EXPRESS 129 FAIRFIELD INN MARRIOTT 110 BEST WESTERN 87 DAYS INN 75 COMFORT INN 59 10 HOTELS LOCATED WITHIN 1 MILE OF THE CENTER HAVE A TOTAL OF 1,529 ROOMS UPDATED 3/16
SUNRISE SUNRISE HIGHWAY HIGHWAY OWNED OTHER FUTURE DEVELOPMENT GA COMMONS BRONX BBQ DICK S SPORTING GOODS BEST BUY RAYMOUR & FLANIGAN PETSMART MENS WAREHOUSE WALMART HOME DEPOT BJ S WHOLESALE CLUB MICHAELS MACY S OLIVE GARDEN RED LOBSTER TARGET CENTURY 21 SEARS JCPENNEY SLEEPY S KOHL S SEARS AUTO MACY S MEN S & FURNITURE ADVANTAGE TOYOTA N HYUNDAI CAPITAL ONE