albertville, minnesota - simon

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ALBERTVILLE, MINNESOTA

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Page 1: ALBERTVILLE, MINNESOTA - Simon

ALBERTVILLE, MINNESOTA

Page 2: ALBERTVILLE, MINNESOTA - Simon
Page 3: ALBERTVILLE, MINNESOTA - Simon

PROPERTY OVERVIEW

ALBERTVILLE PREMIUM OUTLETS®

ALBERTVILLE, MN

Monticello Elk River

169

19

47

Albertville

10

394

494

94

694

35

12

10 94

St. Cloud

St. PaulMinneapolis

ALBERTVILLE PREMIUM OUTLETSALBERTVILLE, MN

MAJOR METROPOLITAN AREAS

Minneapolis: 30 miles St. Cloud: 35 miles St. Paul: 40 miles

RETAIL

GLA (sq. ft.) 430,000; 100 stores

OPENING DATES

Opened 2000 Expanded 2001, 2003

PARKING RATIO

5.22:1

RADIUS POPULATION

15 miles: 309,026 30 miles: 1,793,688 45 miles: 3,416,046

AVERAGE HH INCOME

15 miles: $97,84830 miles: $91,875

SELECT TENANTS

adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, BOSE, Calvin Klein, Coach, Columbia Sportswear, Eddie Bauer Outlet, Express Factory Outlet, Gap Outlet, GUESS Factory Store, kate spade new york, Levi’s Outlet Store, LOFT Outlet, Lucky Brand, lululemon, Michael Kors, Nautica, Nike Factory Store, The North Face, Polo Ralph Lauren Factory Store, Puma Outlet, Talbots Outlet, Tommy Hilfiger, UGG®, Under Armour

TOURISM / TRAFFIC

The property is ideally situated off I-94 with high visibility to the more than 60,000 vehicles traveling the interstate daily. 70% of the shopper base is from the Minneapolis-St. Paul to St. Cloud area, however, in the spring-summer months 40% of the center’s shoppers come from outside the MSA, traveling from the Dakotas, Wisconsin, Iowa, and outside the U.S. The center enjoys a strong Candian shopper component due to its close proximity to the Canadian border, approximately two hours to the north. Albertville is also the gateway to the area residents’ second homes (cabin country) throughout the lake region to the northwest portion of Minnesota. Minneapolis-St. Paul offers a multitude of cultural and sporting events that draw visitors to the area including, numerous professional and college sports teams, NASCAR events, and Minneapolis-St. Paul will host the 2018 Super Bowl and the 2019 Final Four NCAA Men’s Basketball tournament. Minnesota charges no sales tax on clothing which is a draw to visitors from outside the state.

MAJOR ATTRACTIONS

Thirty minutes from downtown Minneapolis attractions, Broadway theatres, sports arenas, museums, amusement parks, and restaurants. Minnesota is the land of 10,000 plus lakes and offers many outdoor activities.

LOCATION / DIRECTIONS

I-94 at Hwy. 19, 30 miles northwest of Minneapolis and 35 miles southeast of St. Cloud, Exit 201Information as of 5/1/17. Source: SPG Research; trade area

demographic information per STI: PopStats (2016).

Page 4: ALBERTVILLE, MINNESOTA - Simon

LABEA

UX

AV

E. NE

I-94

NO

RTH

UNDER ARMOUR

GAP OUTLETTOMMY HILFIGER

POLORALPH LAUREN

FACTORY STORE

COLUMBIASPORTSWEAR

OLDNAVY

REEBOK

DRESSBARN

NIKE FACTORY STORE

LULULEMON

MICHAEL KORS

COACH

KATE SPADENEW YORK

CROCS

LOFT OUTLET

CALVINKLEIN

ANN TAYLORFACTORY STORE

MASTER PLAN

Page 5: ALBERTVILLE, MINNESOTA - Simon

AERIAL OVERVIEW

I-94

From MetroMinneapolis-St. Paul

LABEAUX AVE. NE

67TH ST.

NO

RTH

UNDER ARMOUR

GAP OUTLET

TOMMY HILFIGER

POLO RALPH LAURENFACTORY STORE

COLUMBIASPORTSWEAR

OLDNAVY

DRESSBARN

NIKE FACTORY STORE

LULULEMON

MICHAEL KORSCOACH

KATE SPADENEW YORK

CROCSLOFT OUTLET

CALVINKLEIN ANN TAYLOR

FACTORY STORE

REEBOK

Page 6: ALBERTVILLE, MINNESOTA - Simon

SURROUNDING AREA CENTERS

1 Albertville Premium Outlets®

2 Burnsville Center 4 Eden Prairie Center 5 Galleria 3 Crossroads Center 8 Maplewood Mall 9 North Branch Outlets 10 Northtown Mall 11 Ridgedale Center 12 Riverdale Village 13 Rosedale Center 14 Southdale Center 15 Twin Cities Premium Outlets4 Eden Prairie Center5 Galleria6 Gaviidae Common7 Mall of America8 Maplewood Mall9 North Branch Outlets

10 Northtown Mall11 Ridgedale Center12 Riverdale Village13 Rosedale Center14 The Shoppes at Arbor Lakes15 Southdale Center®

16 Twin Cities Premium Outlets®

Simon Centers Competition

Columbus

Medina

Hugo

Shorewood

Swanville

Spring Lake Park

Dayton

Clearwater

Biscay

White Bear Lake

Landfall

Braham

Hilltop

Bock

New Trier

Hamburg

Chanhassen

Mendota

Loretto

Henriette

Rockford

Royalton

Cottage Grove

Medicine Lake

Plato

Grey Eagle

Cedar Mills

St Rosa

St Marys PointSilver Lake

BrowntonHastings

Lauderdale

St Francis

St Anthony

Gilman

ew Munich

Kingston

Burtrum

Greenwood

Spring Park

Center City

South Haven

Eden Valley

Roscoe

New Auburn

Lexington

Quamba

Grove City

Osseo

Lakeland Shores

Watkins

Holdingford

Stewart

St Martin

Pease

Lester Prairie

Lilydale

Long Lake

Pine Springs

Bethel

Ogilvie

Ronneby

Clear Lake

Vermillion

Grasston

Buckman

Brook Park

Richmond

Green Isle

St Bonifacius

Cosmos

Maple Plain

Sartell

Freeport

Bowlus

Princeton

Mayer

Coates

Foreston

Avon

Cokato

Kimball

Hector

Arlington

Silver Creek

Gaylord

Martin Lake

Dassel

Bayport

Winsted

Miesville

Cologne

Howard Lake

Fairhaven

Hanover

Darwin

Albany

Maple Lake

Paynesville

Centerville

Foley

Watertown

Dellwood

Robbinsdale

Annandale

North St Paul

Montrose

Jordan

Stacy

Glencoe

Upsala

Elko New Market

Milaca

Elmdale

St Cloud

Zimmerman

St Paul Park

St Joseph

St Stephen

Newport

Pine City

Delano

Hopkins

Carver

Marine on St Croix

Sobieski

Rush City

Taylors Falls

Waconia

Albertville

Isanti

Mora

Rice

Belle Plaine

Sauk Rapids

Flensburg

Anoka

Cambridge

Big Lake

Stillwater

Rogers Champlin

Monticello

Waite Park

Hutchinson

Arden Hills

Victoria

St Louis Park

Fridley

Becker

Oakdale

Roseville

Chisago City

Farmington

Edina

SavageApple Valley

Chaska

Prior Lake

Harris

Grant

BurnsvilleShakopee

Ramsey

St AugustaRockville

Otsego

Eagan

Blaine

Andover

Oak Grove

Rosemount

Nowthen

Eden Prairie

Plymouth

Forest Lake

Woodbury

Ham Lake

North Branch

Corcoran

St Michael

Bloomington

Scandia

Red Wing

Rock Creek

Elk River

East Bethel

St Paul

Minneapolis

Centuria

M

Dresser

Star P

Roberts

North Hudson

River Falls

Somerset

Grantsburg

Osceola

Ne

12

3

1

15 MILES

30 MILES

45 MILES

10

138

9

611

4 5

2

15

716

14

l

Page 7: ALBERTVILLE, MINNESOTA - Simon

OTHER RETAIL

1 Albertville Premium Outlets®

2 Burnsville Center 4 Eden Prairie Center 5 Galleria 3 Crossroads Center 8 Maplewood Mall 9 North Branch Outlets 10 Northtown Mall 11 Ridgedale Center 12 Riverdale Village 13 Rosedale Center 14 Southdale Center 15 Twin Cities Premium Outlets4 Eden Prairie Center5 Galleria6 Gaviidae Common7 Mall of America8 Maplewood Mall9 North Branch Outlets

10 Northtown Mall11 Ridgedale Center12 Riverdale Village13 Rosedale Center14 The Shoppes at Arbor Lakes15 Southdale Center®

16 Twin Cities Premium Outlets®

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

The Shoppes at Arbor Lakes Maple Grove, MN 411,000 sf Banana Republic, P.F. Chang’s, PacSun,

Victoria’s Secret 15 miles / 20 minutes

Ridgedale CenterMinnetonka, MN 1,036,000 sf JCPenney, Macy’s, Sears 29 miles / 24 minutes

Southdale Center® Edina, MN 1,298,000 sf Herberger’s, Macy’s, JCPenney 33 miles / 41 minutes

Crossroads Center St. Cloud, MN 800,000 sf JCPenney, Macy’s, Sears, Target 35 miles / 40 minutes

Rosedale Center Rosville, MN 1,149,000 sf Macy’s, Herberger’s, JCPenney,

Von Maur (Opening Fall 2018) 38 miles / 33 minutes

Mall of America Bloomington, MN 2,774,000 sf Macy’s, Nordstrom, Sears 38 miles / 42 minutes

Maplewood Mall® Maplewood, MN 908,000 sf Macy’s, JCPenney, Sears, Kohl’s,

Barnes & Noble44 miles / 50 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Twin Cities Premium Outlets® Eagan, MN 409,000 sf 49 miles / 1 hour 2 minutes

North Branch Outlets North Branch, MN 144,000 sf 64 miles / 1 hour 8 minutes

Page 8: ALBERTVILLE, MINNESOTA - Simon

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