market dominant location€¦ · interstate. 26. interstate. 26. interstate. 526. 52 52 78 78 17...

NOW OPEN!COMING SOON!

THE PROMENADE AT NORTHWOODSA 274,200 SF REGIONAL SHOPPING CENTER

NORTH CHARLESTON, SOUTH CAROLINA

FOR LE ASING INFORMATION CONTACT:Stephanie LippLeasing RepresentativeP: 704-625-7626 C: [email protected]

MARKET DOMINANT LOCATION Major Renovation Completed 2016

Shares 2 Signalized Access Points with Northwoods Mall Fitness

TABLE OF CONTENTS

The Promenade at Northwoods is a 274,200 SF regional shopping center located in North Charleston, South Carolina. Built in 1987 and renovated in 2013, the shopping center is located across the street from (and shares two stoplights with) Northwoods Mall, the leading mall of the greater Charleston MSA.

The Promenade at Northwoods is surrounded by major retail, employment centers, education, residential communities, and excellent road networks/connectivity within the Rivers Avenue retail node of North Charleston.

THE PROMENADE AT NORTHWOODS OVERVIEW

THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC


PROPERTY PHOTOS

INTERSTATE

26

INTERSTATE

26

INTERSTATE

526

52

5278

78

17

17

CITADEL MALL

AZALEA SQUARE

MT. PLEASANT TOWN CENTER

MT. PLEASANT

WEST ASHLEY

SUMMERVILLE

CHARLESTON


CHARLESTON RETAIL MARKET

SURROUNDING RETAILProperty Name Size Major Retail TenantsNorthwoods Mall 870,000 Belk, Dillards, JC Penney, Sears

Northwoods Market Place 271,907 Best Buy, Michaels, Old Navy, Rooms to Go, Big Lots

North Pointe Plaza 373,996 Walmart, Petco, Rooms to Go Kids, AC Moore

North Rivers Town Center 141,463 Target, Ross, Bed Bath & Beyond

MAJOR ROAD NETWORKSRivers Avenue The property is located along the highly trafficked Rivers Avenue

(43,000 VPD) and shares two signalized intersections with Northwoods Mall.

Interstate 26 The property runs parallel to I-26, a major East/West Interstate serving the state of South Carolina.Connections to Rivers Avenue from I-26 (Eastbound & Westbound) are located contiguous to the property.

DEMOGRAPHICS3 Mile 5 Mile 10 Mile

Population2018 Projection 62,432 143,688 367,097

2013 Estimate 57,297 133,922 338,180

Growth 2013–2018 8.96% 7.29% 8.55%

Daytime Pop (2013 est.) 26,427 63,297 137,033

Avg HH Income (2013 est.) $55,617 $57,140 $61,492

MAJOR EMPLOYMENT / EDUCATIONEmployer Product / Service No. of Employees /

StudentsJoint Base Charleston Area U.S. Military Commands 22,000 (+12,000

auxiliary jobs)

Boeing South Carolina Aircraft Manufacturing 8,200

Trident Health System Hospital System 2,500

Charleston Airport Airport 1,200

Mercedes-Benz Van 1 Automobile Manufacturing 1,300

Volvo 1 Automobile Manufacturing 2,000

Trident Technical College Education Center 12,000

Charleston Southern University

Education Center 3,300

1 Recently announced plans for manufacturing facilities employing 1,300 (Mercedes-Benz) and 2,000 (Volvo).


MARKET OVERVIEW

INTERSTATE

26

INTERSTATE

526

52

78

3 MILE R

ADIUS

3 MILE R

ADIUS

3 M

ILE

RAD

IUS

3 M

ILE

RAD

IUS

NORTH RIVERSTOWN CENTER

NORTHWOODSMARKETPLACE

NORTH POINTPLAZA

NORTHWOODS MALLCharleston Southern University3,300 Students

Trident Technical College12,000 Students

Trident Medical Center2,500 Employees Air Force / Navy Base

22,000 Employees

Naval Weapons Station11,500 Employees

Charleston Int’l Airport1,200 Employees

8,200 Employees

Mercedes Benz1,300 Employees


RETAIL COMPETITION MAP

52

78

INTERSTATE

26

NORTH RIVERSTOWN CENTER

NORTHWOODSMARKETPLACE

NORTH POINT PLAZA

ASHLEY PHOSPHATE ROADASHLEY PHOSPHATE ROAD

RIVERS AVENUE (43,000 VPD)


Goose Creek Reservoir

NORTH POINT INDUSTRIAL PARKNORTH POINT INDUSTRIAL PARK

NORTHWOODS MALL

Charleston Southern University

3,300 Students

Trident Technical College12,000 Students

Trident Medical Center2,500 Employees

Crowfield Plantation$150K-$900KApprox. 3 1/2 mi. fromThe Promenade at Northwoods

Park Hill Place, Northwood Estates,Northwoods Pointe, Oak Bluff

$100K-$200K

Eagle Landing, Otranto,Indigo Island Reserve

$150K-$375k

Kennsington,St James Estates,

Carlton Place$100K-$250K

Laurel Hill$150K-$275K

Tanner Plantation$150K-$550K

Pineview Acres$100K-$200K

Goose CreekPrimary School

Goose CreekHigh School

HanahanElementarySchool

SedgefieldMiddle School

Air Force / Navy Base22,000 Employees

Naval Weapons Station / Strategic Weapons Facility11,500 Employees

Charleston Int’l Airport1,200 Employees

8,200 Employees


RESIDENTIAL

INTERSTATE

26

ASHLEY PHOSPHATE ROAD

ASHLEY PHOSPHATE ROAD

FROM I-26

FROM I-26



MARKET DOMINANT LOCATION• Directly across the street from the

Highest Grossing Mall in Region

• Shares Two (2) stoplights with Mall

• Three (3) Points of Ingress/Egress

• Three (3) Pylon Signs

PYLON

PYLON

PYLON


ZOOMED-IN AERIAL


Leasing Contact: Stephanie Lipp P: [email protected] C: 404-780-0656

SITE PLAN

This site plan is presented soley for the pupose of identifying the approximate location and size of the building and intended as a reference only.

NORTH CHARLESTON, SCNorth Charleston, the 3rd largest city in South Carolina, is highly accessible and centralized among the region. This City, also known as the “Hub of the Lowcountry”, continues to grow at an extraordinary rate. It is important to note that North Charleston has led the State in retail sales for 21 consecutive years.

The City of North Charleston continues to drive the State’s economy as the epicenter of business development, offering a business friendly community, rich with incentives to allow companies to compete on a global scale. Its young, highly skilled workforce attracts diverse industries, such as aerospace, automotive, aviation, bioscience, defense, renewable energy, financial services, and information technology. The Charleston lifestyle has been discovered, with a steady stream of newcomers boosting the region’s population to more than 725,000. Charleston now teems with college-educated young people, 20- and 30-somethings who have come for the jobs and stayed for the lifestyle as reported by USA Today. Many of these new residents are highly educated and seeking employment. Many others bring with them thriving businesses of their own. All add to the unique flavor and energy of this historic coastal city.

In 2009, Boeing needed to establish a second final assembly line for its 787 Dreamliner as orders for the plane increased. The company needed a place with top-notch infrastructure, a business-friendly climate and a skilled workforce. With those things in mind, Boeing chose South Carolina for the project in November of that year. In making the announcement, Boeing committed to invest hundreds of millions of dollars and create upwards of 4,000 new jobs at the facility. In addition to aviation, Charleston is becoming a prime location for information technology jobs and corporations and has experienced

the highest growth in this sector between 2011 and 2012 due in large part to the Charleston Digital Corridor. In 2013, the Milken Institute ranked the region the ninth best performing economy in the US due in large part to the growing IT sector. Notable companies include Blackbaud, SPARC, BoomTown,CSS and Benefitfocus.

In 2013, Conde Nast Traveler wrote of the city, Is it the cobblestone streets? The colorful, historic row homes? The fantastic food? Whatever it is, Charleston’s got everyone thoroughly charmed once again. For the third consecutive year, Charleston’s been voted the No. 1 city in the United States in our Readers’ Choice Awards

(in which nearly 80,000 of you voted). It doesn’t end there: Charleston also clocks in at No. 5 on our list of Best Cities in the World (last year it topped the list at No. 1).

Higher education is also an important sector in the local economy, with institutions such as the Medical University of South Carolina, College of Charleston, The Citadel, The Military College of South Carolina, and Charleston School of Law. Charleston is also an important art destination, named a top 25 arts destination by AmericanStyle magazine.

North Charleston is in close proximity to major roadways, including I-26, I-526, and I-95, rail lines transporting both freight and passengers, and an international airport. The Port of Charleston, owned and operated by the South Carolina Ports Authority, is one of the largest ports in the U.S. Despite occasional labor disputes, the port is ranked number one in customer satisfaction across North America by supply chain executives.

South Carolina state flag


market dominant location€¦ · interstate. 26. interstate. 26. interstate. 526. 52 52 78 78 17...

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