LAS VEGAS NORTH PREMIUM OUTLETS -...
Transcript of LAS VEGAS NORTH PREMIUM OUTLETS -...
More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
PROPERTY OVERVIEW
Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).
LAS VEGAS NORTH PREMIUM OUTLETS®
LAS VEGAS, NV
MAJOR METROPOLITAN AREAS
Las Vegas
RETAIL
GLA (sq. ft.) 676,000; 180 stores
OPENING DATES
Opened August 2003 Expanded 2008, 2015
RADIUS POPULATION
15 mile population: 1,923,289 30 mile population: 1,988,562 45 mile population: 2,005,531
AVERAGE HH INCOME
30 mile average: $75,525
SELECT TENANTS
Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, Ann Taylor Factory Store, A|X Armani Exchange, Banana Republic Factory Store, Brooks Brothers Factory Store, Burberry Factory Outlet, Calvin Klein Company Store, The Cheesecake Factory, Coach Factory Store, David Yurman, Diesel, DKNY Company Store, Dolce & Gabbana, Etro, HUGO BOSS Factory Store, J.Crew Factory, kate spade new york, Kenneth Cole Company Store, LACOSTE Outlet, Marc Jacobs, Oliver Peoples, Polo Ralph Lauren Factory Store, Salvatore Ferragamo Company Store, St. John Company Store, TAG Heuer, Ted Baker London, Theory Outlet, Timberland Outlet, Tommy Hilfiger Company Store, Tory Burch, True Religion, Vera Bradley
TOURISM / TRAFFIC
Las Vegas is one of the world’s premier travel destinations hosting nearly 40 million visitors annually. North American tourists account for 87% of these travelers while the remaining 13% are primarily from Japan, Germany, the United Kingdom and Latin America. Over 6.3 million visitors are convention attendees, supported by a robust hotel industry with over 150,000 rooms. McCarran International Airport ranks as the fifth busiest airport in the U.S. and the 11th busiest in the world. The World Market Center, home of the Las Vegas Furniture Market, is directly across from the center.
LOCATION / DIRECTIONS
I-15, Exit Charleston Blvd. West on Grand Central Pkwy., Las Vegas, NV. Over 218,000 vehicles pass by the site daily.
— From the airport using freeways: Exit airport using the “Airport Connector” I-215W to I-15N. Take I-15 toward downtown Las Vegas. Exit Charleston Blvd. West #41B to S. Grand Central Pkwy. Follow loop road to entrance.
— From the “Strip”: Either use I-15N or Las Vegas Blvd. North. Left on Charleston Blvd. Right on S. Grand Central Pkwy.
Gran
d Ce
ntral
Pwy.
LAS VEGAS NORTH PREMIUM OUTLETSLAS VEGAS, NV
NO
RTH
W. Bonneville Ave.
I-15 / Las Vegas Frwy.
S. Grand Central Pkwy.
W. Charleston Blvd.
SITE AND PLAN
I-15
N
Grand Central Pkwy.
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS SHOPS
SHOPS
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SHOPSSHOPSSHOPS
SHOPS
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PARKINGDECK B
PARKINGDECK A
Bonneville Ave.
Iron Horse C
t.
SHOPS
SHOPS
SHOPS
SHOPS
Blue Diamond
Enterprise
Paradise
Nellis AFB
Spring Valley
Whitney
Summerlin South
North Las Vegas
Winchester
Las Vegas
Henderson
Sunrise Manor
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5
7
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11
12
2
3
13
14
15
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10
9
Morongo Valley
15 MILES
41
11
2
7
3
915
5 138
6 1014 12
SURROUNDING AREA CENTERS
1 Las Vegas North Premium Outlets®2 Boulevard Mall3 The District at Green Valley Ranch4 Downtown Summerlin5 Fashion Show Mall6 The Forum Shops at Caesars®7 Galleria at Sunset8 The Grand Canal Shoppes9 Las Vegas South Premium Outlets®10 The Linq11 Meadows Mall12 Miracle Mile Shops13 The Shoppes at The Palazzo14 The Shops at Crystals15 Town Square Las Vegas
Simon CentersCompetition
SURROUNDING AREA CENTERS
OTHER RETAIL
SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Fashion Show Mall The Strip 1,700,000 sf Dillard’s, Macy’s, Neiman Marcus,
Nordstrom 3 miles / 10 minutes
The Forum Shops at Caesars®Caesars 675,000 sf Boutiques 3 miles / 10 minutes
The Grand Canal ShoppesVenetian 500,000 sf Boutiques 3 miles / 10 minutes
Meadows MallUS 95/Valley View 950,000 sf Dillard’s, JCPenney, Macy’s, Sears 3 miles / 10 minutes
The Shoppes at The PalazzoPalazzo 450,000 sf Barneys New York 3 miles / 10 minutes
Miracle Mile ShopsPlanet Hollywood 475,000 sf Boutiques 4 miles / 12 minutes
Via Bellagio ShopsBellagio 50,000 sf Boutiques 4 miles / 12 minutes
Boulevard MallMaryland Pkway 1,250,000 sf JCPenney, Macy’s, Sears 5 miles / 15 minutes
Crystals at City CenterThe Strip 500,000 sf Boutiques 6 miles / 9 minutes
Galleria at SunsetUS 95/Sunset 973,000 sf Dick’s Sporting Goods, Dillard’s, Macy’s,
JCPenney 14 miles / 20 minutes
OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME
Las Vegas South Premium Outlets®Las Vegas, NV 536,000 sf 9 miles / 13 minutes
Fashion Outlets of Las Vegas Primm, NV 360,000 sf 45 miles / 50 minutes