ELK GROVE
About Over the next five years, Elk Grove is projected to be one of the fastest growing cities in the U.S. Luxury movie theatre Future resort & casino adjacent to the center is in development One of the hottest real estate micro-markets is the area between highways 5 and 99 Over 168,000 vehicles travel past the property daily on the SH-99 and 93,000 vehicles travel past the I-5 daily I-5/SH-99 connector is a proposed 35 mile route that runs through Elk Grove, El Dorado County and connects I-5 to Lake Tahoe
65 Area WESTFIELD GALLERIA AT ROSEVILLE LAKE TAHOE 80 50 Overview 50 FOLSOM PREMIUM OUTLETS ELDORADO NATIONAL FOREST ARDEN FAIR 80 SACRAMENTO VACAVILLE PREMIUM OUTLETS NAPA 80 DRIVE TIME (MIN) 45 30 5 99 STANISLAUS NATIONAL FOREST OAKLAND WEBERSTOWN MALL STOCKTON SAN FRANCISCO LIVERMORE PREMIUM OUTLETS SAN JOSE 580 VINTAGE FAIRE MALL MODESTO
Demos PRIMARY TRADE AREA 10 MILE RADIUS POPULATION 1,261,914 682,264 HOUSEHOLDS 436,430 246,559 MEDIAN AGE 34.2 33 AVG. HH INCOME $75,206 $95,838 HH INCOME > $75K 34.2% 42.1% DAYTIME POPULATION 907,582 260,597 RACE & ETHNICITY Asian 26.5% Hispanic 26.1% White 37.5%
WOODLAND ROSEVILLE at Roseville GRANITE BAY PLACERVILLE Trade Area FOLSOM Folsom Premium Outlets WINTERS WEST SACRAMENTO DAVIS Arden Fair Mall SACRAMENTO CAPITAL SOUTHEAST CONNECTOR RANCHO MURIETA CLARKSBURG NAPA Vacaville Premium Outlets CARBONDALE JACKSON ELK GROVE FAIRFIELD WALNUT GROVE GALT LODI VALLEJO ANTIOCH WALNUT CREEK Weberstown Mall STOCKTON Livermore Premium Outlets LIVERMORE TRACY MANTECA Vintage Faire Mall MODESTO
Housing Growth DESTINATIONS @ VINEYARD POINT (AA) ELK GROVE GARDENS & GABLES @ VINEYARD POINT (AA) Gerber Rd Elk Grove Florin Rd Bradshaw Rd THE GROVE GLENBROOK ALLEN RANCH THE SPRINGS AMELIA S PARK MORNINGVIEW Calvine Rd MADEIRA EAST ZAGRAGGEN RANCH SIN GROVE POPPY KEYS EAST DIAMANTE MCGREARY RANCH TUSCAN RIDGE SOUTH MADEIRA SOUTH PROVIDENCE STRATFORD BELLA STRADA WILDFLOWER WINDSONG ARBOR TREASURE SPECTRUM Whitelock Pkwy SOUZA DAIRY THE PRESERVE AVEIRO PRADO VIANA BRUCEVILLE MEADOWS CIELO & VISTA @ RANCHO VERDE STERLING MEADOWS
Big Boom 116% $75,785 Population Increase (2000-2015)* Median Household Income Elk Grove 90,000+ 98% HOMES ARE EXPECTED TO BE BUILT IN THE NEXT TWO DECADES NEW SINGLE FAMILY HOME GROWTH SINCE 2010 77% PROJECTED ENROLLMENT INCREASE IN THE ELK GROVE SCHOOL DISTRICT 44%+ INCREASE IN HOME VALUE SINCE 2012 50+ #5 NEW SCHOOLS WILL BE BUILT OVER THE NEXT TWO DECADES HOTTEST HOUSING MARKET IN THE U.S. (SOURCE: ZILLOW, 2015) *Source: CBRE Municipality Report 2015
Elk Grove ELK GROVE vs. Frisco ELK GROVE ELK GROVE, CA FRISCO, TX TOTAL POPULATION 160,014 138,527 POPULATION GROWTH 18.1% 22.0% AVERAGE HOUSEHOLD INCOME $98.928 $100,940 TOTAL # STUDENTS 62,000 56,000 CURRENT # OF SCHOOLS 65 68 # OF ELEMENTARY SCHOOLS 40 40 # OF MIDDLE SCHOOLS 9 16 # OF HIGH SCHOOLS 9 9 # OF ALTERNATIVE SCHOOLS 4 3
SIMILAR SUCCESSFUL RETAIL MARKETS 2015 COMPARATIVE MARKETS ST. LOUIS CHAROTTE ELK GROVE PITTSBURGH GILROY CONCORD MILLS CINCINNATI PREMUM OUTLETS SOUTHHAVEN TANGER OUTLETS POPULATION 1,857,972 1,729,078 1,261,914 1,244,803 1,646,300 117,100 67,900 52,192 HOUSEHOLDS 779,665 680,909 436,430 552,659 509,361 43,600 23,000 19,161 AVG. HH INCOME $76,470 $79,025 $75,206 $69,711 $101,891 $78,474 $86,457 $66,315 MEDIAN AGE 41.6 40.3 34 44.1 38.9 35.3 39.6 34.2 HH INCOME > $100K 183,309 166,414 133,500 118,685 200,121 12,600 7,400 1,701 4 YEAR+ DEGREE 36.1% 36.6% 25.6% 35.4% 33.6% 43.0% 33.6% 15.1% * Source: Experian
Significant Sales Leakage ELK GROVE $1.1 Billion - $3.3 Billion in Retail Sales Leakage. All major retail categories show potential growth in Elk Grove. City of Elk Grove Greater Trade Area $2.7Bn $35.1Bn 2015 CONSUMER EXPENDITURE 2015 CONSUMER EXPENDITURE $1.6Bn $32.0Bn 2015 RETAIL SALES 2015 RETAIL SALES $1.1Bn $3.3Bn OPPORTUNITY / SURPLUS OPPORTUNITY / SURPLUS *Source: CBRE Municipality Report 2015
Retailer Index ELK GROVE HH INDEX WP INDEX BANANA REPUBLIC 232 185 NORDSTROM RACK 228 167 BLOOMINGDALE S 223 189 WHOLE FOODS 215 181 THE GAP 193 153 CRATE & BARREL 190 102 MICHAEL KORS 182 179 DISNEY STORE 178 157 WILLIAMS-SONOMA 176 110 NEIMAN MARCUS 171 144 APPLE 167 133 Any index over 100 is an indication that these consumers have a higher propensity for shopping or buying from the specified type than the average U.S. household. ABERCROMBIE & FITCH STARBUCKS OFF 5TH 164 181 162 151 161 171 higher the index the greater the potential for customers in the specific retail category. ETHAN ALLEN URBAN OUTFITTERS 156 108 156 132 ANN TAYLOR 145 140 ANN TAYLOR LOFT 139 107 *Source: CBRE Municipality Report 2015
Elk Grove Collection ELK GROVE
THE ELK With more than 100 shops and restaurants the Elk Grove Collection will become the goto spot for fast fashion, food, and entertainment. Blending the best retail concepts with a true community hub for Elk Grove, Southern Sacramento and the whole central valley, the ELK will be the ultimate destination for an upscale market lacking a signature retail, dining and entertainment venue.
Fashion Your lifestyle collection.
best neighborhood eats.
A place to gather.
Resort & Casino Let the games begin.
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