LEBANON, TENNESSEE...Bon Aqua Junction Wrigley Summertown Lafayette Red Boiling Springs Murfreesboro...

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LEBANON, TENNESSEE

Transcript of LEBANON, TENNESSEE...Bon Aqua Junction Wrigley Summertown Lafayette Red Boiling Springs Murfreesboro...

  • LEBANON, TENNESSEE

  • PROPERTY OVERVIEW

    LEBANON OUTLET MARKETPLACELEBANON, TN

    MAJOR METROPOLITAN AREAS

    Nashville: 20 miles

    RETAIL

    GLA (sq. ft.) 228,000; 60 stores

    OPENING DATES

    Opened April 1998

    PARKING RATIO

    5.5:1

    RADIUS POPULATION

    15 miles: 143,849 30 miles: 1,257,781 45 miles: 1,805,781

    AVERAGE HH INCOME

    30 miles: $70,659

    SELECT TENANTS

    American Eagle Outfitters, Ann Taylor Factory Store, Brooks Brothers Factory Store, Coach, Eddie Bauer Outlet, Gap Outlet, GUESS Factory Store, Gymboree Outlet, LOFT Outlet, Nike Clearance Store, Polo Ralph Lauren Factory Store, Samsonite Company Store, Van Heusen

    TOURISM / TRAFFIC

    Visitors to Tennessee come from all over the United States to visit both the Smoky Mountains and Nashville and pass by Lebanon as they travel between the two. It’s an impressive setting for success with a diverse consumer base of more than two million residents in a 60-mile radius, 11 million annual Nashville tourists, and over 90,000 college/technological students in a 45-mile radius.

    MAJOR ATTRACTIONS

    Aside from being the Country Music Capital, nearby Nashville also has several major tourist draws like the legendary Grand Ole Opry, the Country Music Hall of Fame, the Ryman Auditorium and Museum, the Hermitage and the Nashville Zoo.

    LOCATION / DIRECTIONS

    The property is located less than 30 miles from Nashville, boasting a traffic count of over 58,000 vehicles passing by the center each day and is situated on a highly visible, beautifully landscaped location off I-40.

    — From Nashville: I-40E to Exit 238

    — From Memphis: I-40E to Exit 238

    — From Chattanooga: I-24W to I-40E to Exit 238

    — From Knoxville: I-40W to Exit 238

    — From Murfreesboro: TN-840E to I-40E to Exit 238

    — From Cookeville: I-40W to Exit 238

    — From Bowling Green: “Scenic Route” on US 231E, center on right

    70

    231

    840

    KY

    TN

    NASHVILLE LEBANONTo Knoxville

    AirportTo Memphis

    65

    65

    24

    40

    MURFREESBORO To ChattanoogaLEBANON OUTLET MARKETPLACELEBANON, TN

    Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

  • MASTER PLAN

    OUTLET

    VILLAGE

    BLVD.O

    LD M

    URFREESBO

    RO RD

    .

    US 231

    NO

    RTH

    NIKE CLEARANCE STORE

    REEBOK

    DRESSBARN

    GAP OUTLET

    EDDIE BAUER OUTLETPOLO

    RALPHLAUREN

    FACTORYSTORE

    THE CHILDREN’S PLACE

    BROOKS BROTHERS FACTORY STORE

    ANN TAYLOR FACTORY STORE

    LOFT OUTLET

    GUESS FACTORY

    STORE

    AMERICAN EAGLE OUTFITTERS

    COACH

  • AERIAL OVERVIEW

    OUTLET VILLA

    GE BLVD.O

    LD M

    URFR

    EESB

    URO

    RD.

    I-40

    US 231 / MURFREESBURO RD.

    2,718(2015 ADTV)

    N

    52,980(2015 ADTV)

    10,028(2015 ADTV)

    21,955(2015 ADTV)

  • SURROUNDING AREA CENTERS

    Simon Centers Competition

    Scottsville

    Fairview

    opkinsville

    k Grove

    Pembroke

    l North

    Burkesville

    Marrowbone

    Edmonton

    Summer Shade

    Fountain Run

    Gamaliel

    TompkinsvilleFranklin

    Elkton

    AllensvilleTrenton

    GuthrieAdairville

    Auburn

    Lewisburg

    Russellville Woodburn

    Bowling Green

    Plano

    Beersheba SpringsAltamont

    Gruetli-Laager

    Doyle

    Sparta

    Lynnville

    Smithville

    Alexandria

    DowelltownLiberty

    BurnsDickson

    Charlotte

    leer

    Auburntown

    Woodbury

    Pleasant View

    Ashland City

    Kingston Springs

    Pegram

    Pike

    Hillsboro

    Lakewood Park

    Manchester

    New Union

    Celina

    Belle MeadeBerry Hill

    Forest Hills

    Lakewood

    Ridgetop

    Goodlettsville

    Oak Hill

    Nashville-Davidsonmetropolitan government

    (balance)

    Pleasan

    Gainesboro

    Dodson Branch

    erville

    Bon Aqua JunctionWrigley

    Summertown

    LafayetteRed Boiling Springs

    Murfreesboro

    Dunlap

    Chapel Hill

    Clarksville

    Columbia

    Mount Pleasant

    Spring Hill

    Nolensville

    Brentwood

    Thompson's Station

    Mount JulietLebanon

    Watertown

    Green Hill

    Rural Hill

    Centertown

    McMinnville

    Morrison

    Viola

    South Carthage

    Carthage

    Gordonsville

    Eagleville

    WalterhillSmyrna

    La Vergne

    Spencer

    Hartsville/TrousdaleCountyGallatin

    Hendersonville

    Mitchellville

    Westmoreland

    Walnut GroveWhite House

    Bethpage

    Bransford

    Castalian Springs

    Cottontown

    Graball

    Millersville

    New Deal

    Portland

    Shackle Island Livingston

    Cookeville

    Adams

    Cedar Hill Cross Plains

    Orlinda

    GreenbrierCoopertown

    Baxter

    Algood

    Monterey

    Bell Buckle

    Normandy

    WartraceShelbyville

    Unionville

    6

    3

    4

    7

    8

    92

    5

    10

    7

    3

    108

    6

    29

    45

    1

    15 MILES

    30 MILES

    45 MILES

    1 Lebanon Outlet Marketplace 2 The Avenue Murfreesboro3 Cool Springs Galleria4 Hill Center Green Hills5 The Mall at Green Hills6 Opry Mills7 Providence Marketplace8 Rivergate Mall9 Stones River Mall

    10 The Streets of Indian Lake

  • OTHER RETAIL

    SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

    Providence Marketplace Mount Juliet, TN 830,000 sf

    Belk, Best Buy, Dick’s Sporting Goods, JCPenney, Ross Dress for Less, Target 11.5 miles / 15 minutes

    The Avenue Murfreesboro Murfreesboro, TN 805,000 sf

    Barnes & Noble, Belk, Best Buy, Dick’s Sporting Goods, PETCO 23.3 miles / 32 minutes

    Stones River Mall Murfreesboro, TN 612,000 sf Dillard’s, JCPenney, Sears 30 miles / 27 minutes

    The Mall at Green Hills Nashville, TN 869,000 sf Nordstrom, Macy’s, Dillard’s 30 miles / 32 minutes

    OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

    Opry Mills®Nashville, TN 1,168,000 sf

    Saks Fifth Avenue OFF 5TH, Bed Bath & Beyond 21.6 miles / 30 minutes

  • 60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 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).