destin, florida - simon property group · 30 miles: 236,712 45 miles: 463,864 average hh income 30...
TRANSCRIPT
DESTIN, FLORIDA
PROPERTY OVERVIEW
SILVER SANDS PREMIUM OUTLETS®
A HOWARD GROUP AND SIMON CENTER
DESTIN, FL
MAJOR METROPOLITAN AREAS
Pensacola: 55 miles Mobile, AL: 115 miles Tallahassee: 135 miles Montgomery, AL: 170 miles
RETAIL
GLA (sq. ft.) 451,000; 110 stores
OPENING DATES
Opened August 1992
RADIUS POPULATION
15 miles: 93,759 30 miles: 236,712 45 miles: 463,864
AVERAGE HH INCOME
30 miles: $71,086
SELECT TENANTS
Saks Fifth Avenue OFF 5TH, Ann Taylor Factory Store, Armani,Banana Republic Factory Store, BCBG, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach, Cole Haan Outlet, Dooney & Bourke, J.Crew Factory, kate spade new york, LACOSTE Outlet, Michael Kors Outlet, NikeFactoryStore, The North Face, Polo Ralph Lauren Factory Store, Tumi, Under Armour, Vera Bradley
TOURISM / TRAFFIC
The center is located in the heart of South Walton, along Northwest Florida’s Gulf Coast, situated west of Sandestin® Golf and Beach Resort. Florida’s Emerald Coast offers 50 miles of turquoise waters and sugar-white-sand beaches stretching along the Gulf of Mexico. The area’s beaches have been voted among the top ten in the country by the Travel Channel, Good Morning America, and Yahoo Travel. The area benefits from three distinct markets: permanent residents, secondary homeowners, and visitors. — The area attracts approximately 17 million visitors a year — The average household income of visitors to the Northwest Florida
region is approximately $98,000 and $134,800 in South Walton — The region also benefits from a year-round season since South
Walton is a favorite area for coastal second homes
Flight travel for the region has increased an estimated 20% with three airports serving the area: Northwest Florida Regional Airport (VPS); Northwest Florida Beaches International Airport (ECP), the first international airport to be built in the U.S. since 1995, 43 miles from the center; and Pensacola International Airport (PNS).
LOCATION / DIRECTIONS
Located on U.S. Hwy. 98. Accessible from the north across the Mid-Bay Bridge from SR 20 and from US Hwy. 331 from I-10, exit Highway 85S at Defuniak Springs.
Dothan
AL
FL
Pensacola
Destin
Panama City Beach
1010
1010
98
98
SILVER SANDS PREMIUM OUTLETSDESTIN, FL
Information accurate as of 5/1/16. Source: SPG Research; trade area demographic information per STI: PopStats (2015).
MASTER PLAN
84
14,776
86A
5,264
86B
4,076
86C
4,738
87
3,701
88
4,400
90
4,500
91
5,001
93
3,246
94
4,129
98
15,647
99
3,080
100
4,400
119
1,562
121
3,968
3,250
126
1,712
149B
150
VACANT
CAV
CAV
VACANT
TNACAV
TOM
MY
HIL
FIG
ER
GN
C
REDI S- POT YRREMROFNEDI
RUOMRA RED
KOBE
HCA
ELATSOPOREATUH SSAL GNUS
TESUE
CLARKS BOSTONIAN
OUTLET
HAGGAR
LEVI'S
OUTLE
T
ZALES
EKRUOBEROT
YNKD
L HPLAR OL OP
ESOB
S' RETRAC
NI ELK NI VLACAI RZA XAM GBCB
RACK ROOM SHOES
SAKS FIFTH AVENUE OFF 5T
H
KITCHEN
COLLECTIO
N
CORNINGWARE
HANESBRANDS
SCI
TLUAV YELK
SPR
SPR
SPR
120'
109.3'
100.
7'
90.7
' 90.7
'
85.3
'
15'9.4'
63.7'
100'
110'
110' 84.8' 20.2'
84.8'
76.9'
91'
33'
100'
100'
85.4'
42.5'
94.5'
43.8'
35.6'
43.8'
40'
28'
142.2'
37.5'
29.5'
45.5'
40.9'
40'
33.7'
110'
' 9. 41 15'
' 9. 41
45.4'
' 2. 02
81.1'
' 55
' 7. 92
90'
' 3. 54
90'
83'
' 4. 56
' 4. 5
' 2. 01
10.4'
' 3. 24
10.4'
' 6. 01
75.3'
' 2. 5
35.6'
' 7. 141
29.7'
' 9. 5
96'
' 3. 48
100'
46.9'
ATM
1
4,757
4
1,562
5
1,575
10
5,832
15
7,500
23
4,522
27
3,827
30
1,624
31
1,583
32
1,546
33
8,914
39
3,177
41
11,216
45
1,500
46
1,520
51
5,021
54
975
55
3,063
57
3,008
59
3,007
61
2,877
64
65
67
68
70
8,736
73
4,950
74
2,014
75
3,505
76
7,214
79
2,001
80
2,400
81
2,003
82
2,511
84
14,776
86A
5,264
86B
4,076
86C
4,738
87
3,701
88
4,400
90
4,500
91
5,001
93
3,246
94
4,129
98
15,647
99
3,080
100
4,400
104
2,545
105
1,700
106
2,511
107
7,360
110
3,300
111
4,359
112
3,932
114
4,982
115
1,624
116
2,414
117
935
118
1,483
119
1,562
121
3,968
122
3,250
123
3,260125
2,042
126
1,712
127
3,851
129
7,993
130A
2,700
132
8,332
134
5,412
136
2,407
137
3,828
138
2,407
139
3,171
140
2,684
141
10,285
143
6,153
144
850
145
2,600
146
1,939
124
194
85A
11,850
48
4,467
47A
1,488
131
2,617
VACANT
TNACAV
TNACAV
TNACAV
VACANT
TNACAV
DE
STI
N G
OU
RM
ET
ALLEB OAI CAZZI P
EMI T
YROTCAF
ECALP SNERDLI HC EHT
TELTUO PAG
TELTUO TSEW ENI N
SREHCEKS
SKROW YTI NRETAM
REDI S- POT YRREPSMROFNEDI AM
RUOMRA REDNU
KOBEER
HCAOC
ELATSOPOREATUH SSAL GNUS
TESUERC EL
CLARKS BOSTONIAN
OUTLET
HAGGAR
LEVI'S
OUTLE
T
ZALES
OTALEG LIT M YKCOR
EKRUOB & YENOOD
EROTS YROTCAF
EL OC HTENNEK
YEKCOJ
STOBLAT
NAAH EL OCSREHTORB SKOORB
ETSOCAL
I MUTERUTUOC YCI UJ
YNKD
NERUAL HPLAR OL OP
ESOB
S' RETRAC
NI ELK NI VLACAI RZA XAM GBCB
RACK ROOM SHOES
SAKS FIFTH AVENUE OFF 5T
H
ETI R EDI RTSEGAGGUL NNAMTRAH
/ ESUOH ETI HW
TEKRAM KCALB
RENGI SED
SECNARGARF
ROLYAT NNA
EROTS YROTCAF
SLAUTNECSE ERAB
CI LBUPER ANANAB
EROTS YROTCAF
MICHAEL K
ORS
ALLEN-E
DMONDS
SHOE
MOVADO
WATERFORD
WEDGEWOOD
HARRY & DAVID
ECNALAB WEN
I KSVORAWS
YROTCAF STUCWERC
NUSCAP
REDUAL EETSE
KCAJ DNA EI NAJ
DOZI
TELTUO TFOL
PERFUMANIA
JOURNEY'S
NAUTICA
LIDS
MERRELL
WILSONS
KITCHEN
COLLECTIO
N
TELTUO REUAB EI DDE
SCORC
EROTS YROTCAF WERC . J
TELTUO EROTS YENSI D
HANESBRANDS
SADI DA
OAKLEY VAULT
SAMSONITE
OSHKOSH B'GOSH
SRETTI FTUO EL GAE NACI REMA
NYLEVE & EERTBARC
REVLI SKI UQ
SCI SA
L'OCCITANE
TLUAV YELKAO
CAR
RAB
BA'S
CH
EESE
BUR
GER
IN
PAR
ADIS
E
MENWOMEN
SPR
SPR
RESTROOMS
SPR
SPR
SPR
MEN
WOMEN
JC
20'
30.7'
29.3'
56.4'
7.9' 25'
15'9.4'
110'
25.1'
87.1'
9.3'
43.8'
19.4'
66.2'
63.7'
110'
44.3'
93.5'
110'
24.4'
31.7'
100'
24.1'
38.3'
24.1'
100'
54.1'
110'
75.8'
72.7'
110' 84.8'
45.4'
20.2'
84.8'
16.9'
10.9
'
76.9'
91'
12.7
'
24'
33'
100'
32.5'
100'
9.1'
85.4'
42.5'
94.5'
37.6'
43.8'
35.6'
43.8'
49.4'
23.6'
6.8'
9'
8.6'
28.3'
25.9'
44.3'
80'
30.2'
20.3'
80'
110'
45.3'
35.7'
39.6'
30'
19.9'25'
51.5'
110'
71.4'
85'
29.5'
20'
8.4'
6.7'
22.6'
85'
22.5'
12'
69.8'
110'
40'
28'
142.2'
110'
37.5'
110'
29.5'
45.5'
40.9'
40'
33.7'
110'
80'
59.5'
19.5'
19.7'
80'
46.6'
117'
51.5'
67.4'
39.7'
77.3'
62.4'
117'
38.7'
32.7'
117'
80'
20.3'
19.8'
19.3'
80'
120'
74.3'
120'
80'
39.7'
110'
45.6' 12.7
'
33'
34'
104.3
'19
.9'
75.3'
20.2'
' 4. 95
48.3'27.1'
79.6'
75.3'
40.7'
40'
39.9'
75.3'
38.2'
' 2. 02
' 2. 02
81.1'
' 55
' 7. 92
90'
' 3. 54
90'
83'
' 4. 56
' 4. 5
' 2. 01
10.4'
' 3. 24
10.4'
' 6. 01
75.3'
' 2. 5
35.6'
' 7. 141
29.7'
' 9. 5
96'
' 3. 48
29.5'
85'
23.6'
28.2'
23.5'
84.9'
85'
29.9'
68.5'
41.5'
35.2'
110'
20.3'
15'
45'
110'
84.5'
92.8'
30.2' 10.4'
49'
110'
62.9'
14.4'
77.4'
39.6'
77.4' 105.4'
105.4'
34.5''1.
82
46.9'
'9.84
1
81.4'
'9.81
8.64'
'9.18
8.64''9.91
20'
59.5'
23.8'
24.6'
ATM
ATM
ATM
ATM
US HWY. 98 / EMERALD COAST PKWY.
AERIAL OVERVIEW
NORTH
US HWY. 98 / EMERALD COAST PKWY.
84
14,776
86A
5,264
86B
4,076
86C
4,738
87
3,701
88
4,400
90
4,500
91
5,001
93
3,246
94
4,129
98
15,647
99
3,080
100
4,400
119
1,562
121
3,968
3,250
126
1,712
149B
150
VACANT
CAV
CAV
VACANT
TNACAV
TOM
MY
HIL
FIG
ER
GN
C
REDI S- POT YRREMROFNEDI
RUOMRA RED
KOBE
HCA
ELATSOPOREATUH SSAL GNUS
TESUE
CLARKS BOSTONIAN
OUTLET
HAGGAR
LEVI'S
OUTLE
T
ZALES
EKRUOBEROT
YNKD
L HPLAR OL OP
ESOB
S' RETRAC
NI ELK NI VLACAI RZA XAM GBCB
RACK ROOM SHOES
SAKS FIFTH AVENUE OFF 5T
H
KITCHEN
COLLECTIO
N
CORNINGWARE
HANESBRANDS
SCI
TLUAV YELK
SPR
SPR
SPR
120'
109.3'
100.
7'
90.7
' 90.7
'
85.3
'
15'9.4'
63.7'
100'
110'
110' 84.8' 20.2'
84.8'
76.9'
91'
33'
100'
100'
85.4'
42.5'
94.5'
43.8'
35.6'
43.8'
40'
28'
142.2'
37.5'
29.5'
45.5'
40.9'
40'
33.7'
110'
' 9. 41 15'
' 9. 41
45.4'
' 2. 02
81.1'
' 55
' 7. 92
90'
' 3. 54
90'
83'
' 4. 56
' 4. 5
' 2. 01
10.4'
' 3. 24
10.4'
' 6. 01
75.3'
' 2. 5
35.6'
' 7. 141
29.7'
' 9. 5
96'
' 3. 48
100'
46.9'
ATM
1
4,757
4
1,562
5
1,575
10
5,832
15
7,500
23
4,522
27
3,827
30
1,624
31
1,583
32
1,546
33
8,914
39
3,177
41
11,216
45
1,500
46
1,520
51
5,021
54
975
55
3,063
57
3,008
59
3,007
61
2,877
64
65
67
68
70
8,736
73
4,950
74
2,014
75
3,505
76
7,214
79
2,001
80
2,400
81
2,003
82
2,511
84
14,776
86A
5,264
86B
4,076
86C
4,738
87
3,701
88
4,400
90
4,500
91
5,001
93
3,246
94
4,129
98
15,647
99
3,080
100
4,400
104
2,545
105
1,700
106
2,511
107
7,360
110
3,300
111
4,359
112
3,932
114
4,982
115
1,624
116
2,414
117
935
118
1,483
119
1,562
121
3,968
122
3,250
123
3,260125
2,042
126
1,712
127
3,851
129
7,993
130A
2,700
132
8,332
134
5,412
136
2,407
137
3,828
138
2,407
139
3,171
140
2,684
141
10,285
143
6,153
144
850
145
2,600
146
1,939
124
194
85A
11,850
48
4,467
47A
1,488
131
2,617
VACANT
TNACAV
TNACAV
TNACAV
VACANT
TNACAV
DE
STI
N G
OU
RM
ET
ALLEB OAI CAZZI P
EMI T
YROTCAF
ECALP SNERDLI HC EHT
TELTUO PAG
TELTUO TSEW ENI N
SREHCEKS
SKROW YTI NRETAM
REDI S- POT YRREPSMROFNEDI AM
RUOMRA REDNU
KOBEER
HCAOC
ELATSOPOREATUH SSAL GNUS
TESUERC EL
CLARKS BOSTONIAN
OUTLET
HAGGAR
LEVI'S
OUTLE
T
ZALES
OTALEG LIT M YKCOR
EKRUOB & YENOOD
EROTS YROTCAF
EL OC HTENNEK
YEKCOJ
STOBLAT
NAAH EL OCSREHTORB SKOORB
ETSOCAL
I MUTERUTUOC YCI UJ
YNKD
NERUAL HPLAR OL OP
ESOB
S' RETRAC
NI ELK NI VLACAI RZA XAM GBCB
RACK ROOM SHOES
SAKS FIFTH AVENUE OFF 5T
H
ETI R EDI RTSEGAGGUL NNAMTRAH
/ ESUOH ETI HW
TEKRAM KCALB
RENGI SED
SECNARGARF
ROLYAT NNA
EROTS YROTCAF
SLAUTNECSE ERAB
CI LBUPER ANANAB
EROTS YROTCAF
MICHAEL K
ORS
ALLEN-E
DMONDS
SHOE
MOVADO
WATERFORD
WEDGEWOOD
HARRY & DAVID
ECNALAB WEN
I KSVORAWS
YROTCAF STUCWERC
NUSCAP
REDUAL EETSE
KCAJ DNA EI NAJ
DOZI
TELTUO TFOL
PERFUMANIA
JOURNEY'S
NAUTICA
LIDS
MERRELL
WILSONS
KITCHEN
COLLECTIO
N
TELTUO REUAB EI DDE
SCORC
EROTS YROTCAF WERC . J
TELTUO EROTS YENSI D
HANESBRANDS
SADI DA
OAKLEY VAULT
SAMSONITE
OSHKOSH B'GOSH
SRETTI FTUO EL GAE NACI REMA
NYLEVE & EERTBARC
REVLI SKI UQ
SCI SA
L'OCCITANE
TLUAV YELKAO
CAR
RAB
BA'S
CH
EESE
BUR
GER
IN
PAR
ADIS
E
MENWOMEN
SPR
SPR
RESTROOMS
SPR
SPR
SPR
MEN
WOMEN
JC
20'
30.7'
29.3'
56.4'
7.9' 25'
15'9.4'
110'
25.1'
87.1'
9.3'
43.8'
19.4'
66.2'
63.7'
110'
44.3'
93.5'
110'
24.4'
31.7'
100'
24.1'
38.3'
24.1'
100'
54.1'
110'
75.8'
72.7'
110' 84.8'
45.4'
20.2'
84.8'
16.9'
10.9
'
76.9'
91'
12.7
'
24'
33'
100'
32.5'
100'
9.1'
85.4'
42.5'
94.5'
37.6'
43.8'
35.6'
43.8'
49.4'
23.6'
6.8'
9'
8.6'
28.3'
25.9'
44.3'
80'
30.2'
20.3'
80'
110'
45.3'
35.7'
39.6'
30'
19.9'25'
51.5'
110'
71.4'
85'
29.5'
20'
8.4'
6.7'
22.6'
85'
22.5'
12'
69.8'
110'
40'
28'
142.2'
110'
37.5'
110'
29.5'
45.5'
40.9'
40'
33.7'
110'
80'
59.5'
19.5'
19.7'
80'
46.6'
117'
51.5'
67.4'
39.7'
77.3'
62.4'
117'
38.7'
32.7'
117'
80'
20.3'
19.8'
19.3'
80'
120'
74.3'
120'
80'
39.7'
110'
45.6' 12.7
'
33'
34'
104.3
'19
.9'
75.3'
20.2'
' 4. 95
48.3'27.1'
79.6'
75.3'
40.7'
40'
39.9'
75.3'
38.2'
' 2. 02
' 2. 02
81.1'
' 55
' 7. 92
90'
' 3. 54
90'
83'
' 4. 56
' 4. 5
' 2. 01
10.4'
' 3. 24
10.4'
' 6. 01
75.3'
' 2. 5
35.6'
' 7. 141
29.7'
' 9. 5
96'
' 3. 48
29.5'
85'
23.6'
28.2'
23.5'
84.9'
85'
29.9'
68.5'
41.5'
35.2'
110'
20.3'
15'
45'
110'
84.5'
92.8'
30.2' 10.4'
49'
110'
62.9'
14.4'
77.4'
39.6'
77.4' 105.4'
105.4'
34.5'
'1.82
46.9'
'9.84
1
81.4'
'9.81
8.64'
'9.18
8.64''9.91
20'
59.5'
23.8'
24.6'
ATM
ATM
ATM
ATM
SURROUNDING AREA CENTERS
Simon Centers Competition
PollardLockhart
RiverviewEunola Madrid
Black
East BrewtonSamson
Flomaton
HartfordRehobeth
Slocomb
Florala
BrewtonMalvern
Geneva
Cinco BayouShalimar
Floridatown
Alford
Noma
Wausau
Goulding
Dickerson City
Mary Esther
Jay
Mulat
Mexico Bea
Pretty Bayou
Garcon Point
Parker
Laguna Beach
Lower Grand Lagoon
Cobbtown
Campbellto
Cedar Grove
Pea Ridge
FidelisLaurel Hill
Caryville
Jacob City
Century
Oriole Beach
Eglin AFB
Cotton
Tiger Point
Paxton
Chipley
Avalon
Bonifay
Graceville
Holley
Roeville
Vernon
Dixonville
Navarre Beach
Ebro
Ponce de LeonPoint Baker
Milton
Bagdad
Pine Level
Grove
Molino
ensacolaMiramar Beach
Westville
DestinWarrington
Brownsdale
Callaway
Brent
Lynn Haven
iew
Wallace
NicevilleEnsley
Springhill
Valparaiso
De Funiak Springs
Tyndall AFB
Harold
Gonzalez
Upper Grand Lagoon
Crestview
Freeport
Panama City Beach
Chumuckla
Ferry Pass
Gulf Breeze
Pace
Munson
Navarre
East Milton
Allentown
Midway
5
2
4
6
56
73
41
2
15 MILES
30 MILES
45 MILES
1 Silver Sands Premium Outlets®2 Cordova Mall3 Destin Commons4 Grand Boulevard at Sandestin5 Panama City Mall6 Pier Park7 Santa Rosa Mall
OTHER RETAIL
SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Grand Boulevard at Sandestin Miramar Beach, FL 830,000 sf Publix Food & Pharmacy, Chico’s, Tommy
Bahama 3 miles / 4 minutes
Destin Commons Destin, FL 500,000 sf Belk, Bass Pro Shops Outdoor World,
H&M, Whole Foods Market 5 miles / 7 minutes
Santa Rosa Mall Mary Esther, FL 740,000 sf Dillard’s, Sears, JCPenney 20 miles / 32 minutes
Pier ParkPanama City Beach, FL 896,000 sf Dillard’s, JCPenney, Marshalls, Target 33 miles / 42 minutes
Panama City Mall Panama City, FL 694,000 sf Dillard’s, JCPenney, Sears 47 miles / 59 minutes
Cordova Mall Pensacola, FL 922,000 sf Belk, Dillard’s, Best Buy, Bed Bath
& Beyond, Dick’s Sporting Goods 61 miles / 1 hour 33 minutes
OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Tanger OutletsFoley, AL 557,000 sf VF Outlet, Polo Ralph Lauren
Factory Store 87 miles / 2 hrs 10 minutes
60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com
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