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TRANSCRIPT
MARKET OVERVIEW
The center is located right on the
edge of the Atlanta Metro area,
the 9th largest US population
center. Home to more than 5.3
million people, nearly 150,000
businesses and a world class
airport.
Commerce, Georgia is an impressive commercial districtlocated on the US 441 Heritage Highway. Shopping,restaurants and other regional attractions convey relaxedsouthern charm. The area is also home to the AtlantaDragway that has a full schedule of events throughout theyear. Sandy Creek or Deer Trail golf courses offertraditional golfing in the North Georgia Mountains.Athens, Georgia is home to the University of Georgia andjust minutes from the center. Over 36,000 students areenrolled there.Jackson County has enjoyed significant success inattracting new industrial and distribution facilities. Since2013, housing starts in the area have increased by +35%.
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ADDRESS
GROSS LEASABLE AREA
DAILY TRAFFIC COUNT
POPULATION
MAJOR CITIES
OVERVIEW
Commerce, Georgia is one of the most visited outlet locations in the South. In additionto great outlet shopping, the area features quality lodging, excellent restaurants, andnumerous destinations that are an attraction for tour groups and conventions.
800 Steven B Tanger BlvdCommerce, GA 30529
(60 Miles) / 4,020,339
MSA Population5,527,230 - Atlanta-Sandy Springs-Roswell, GA
371,408 SF
Hwy 441 / 21,200
Athens, GA (20 miles)Atlanta, GA (63 miles)Greenville, SC (74 miles)
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LOCATION
REGIONAL MAP LOCAL MAP
The center is located at I-85, Exit 149, Hwy 441
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CENTER MAP
TANGER OUTLETS COMMERCE800 Steven B. Tanger Boulevard | Commerce, GA 30529
SHOPPER SERVICES
ATM
COUPON BOOKS
PURCHASE GIFT CARDS
STROLLER & WHEELCHAIR
VENDING MACHINE
RESTROOMS
FAMILY RESTROOMS
MOTHERS ROOM
CHARGING STATION
TOLLEY STOP
BUS CHECK-IN
AUTOMATED EXTERNAL DEFIBRILLATOR
COMPLIMENTARY ELECTRIC VEHICLE CHARGING STATION
FREE WI-FI CENTERWIDE
SERVICE LEGEND
STEVEN B. TANGER BLVD.
1114 1110 1103 1100 1005
1000
911
909 908 900
100
101A
102
104
105A
105B
106
107
109
110
111
112
810
809
805
803
801
710
708
701
609
602
601
510
506 503505 500 411
410
409 408
1106
404 402
400
313 311 310 309
308
307 304 210 208 206
205
204 203
203B 20
2
306 302 209
1200 1202 1205 1210 1215
1225
406
201
SHOPPER SERVICESVisit before you shop!
1010
200
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AERIAL
The center is located right on the edge of the AtlantaMetro area, off Highway 85.
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DEMOGRAPHICS
Median Age
Households
Avg. Household Income
Families
Population
0 - 60 MILES
1,476,7061,476,7061,476,7061,476,706
4,020,3394,020,3394,020,3394,020,339
$84,821$84,821$84,821$84,821
1,012,3371,012,3371,012,3371,012,337
36.936.936.936.9
STATISTICS 0 - 5 MILES 0 - 10 MILES 0 - 30 MILES 0 - 45 MILES 0 - 60 MILES
Population 13,688 35,890 763,918 1,974,788 4,020,339
Households 5,015 12,741 269,878 688,015 1,476,706
Families 3,607 9,400 189,582 505,405 1,012,337
Median Age 39.2 39.4 35.4 36.5 36.9
Avg Household Income $54,960 $59,100 $68,546 $79,701 $84,821
HOUSEHOLD INCOME 0 - 5 MILES 0 - 10 MILES 0 - 30 MILES 0 - 45 MILES 0 - 60 MILES
Less than $15,000 16.8 % 15.5 % 13.9 % 10.6 % 10.6 %
$15,000-$24,999 12.2 % 12.0 % 10.9 % 9.4 % 9.3 %
$25,000-$34,999 12.4 % 12.4 % 10.3 % 9.0 % 9.0 %
$35,000-$49,999 16.9 % 16.3 % 14.3 % 13.1 % 12.9 %
$50,000-$74,999 18.7 % 18.0 % 18.5 % 18.4 % 18.1 %
$75,000-$99,999 10.8 % 11.0 % 11.7 % 12.8 % 12.1 %
$100,000-$149,999 7.9 % 9.8 % 12.3 % 15.7 % 15.0 %
$150,000+ 9.2 % 12.0 % 16.0 % 20.9 % 21.8 %
AGE DISTRIBUTION 0 - 5 MILES 0 - 10 MILES 0 - 30 MILES 0 - 45 MILES 0 - 60 MILES
0-14yrs 19.2 % 19.0 % 19.8 % 20.8 % 20.0 %
15-24yrs 11.6 % 12.1 % 15.9 % 14.0 % 13.6 %
25-44yrs 26.7 % 26.2 % 26.5 % 26.9 % 27.3 %
45-64yrs 25.3 % 26.9 % 24.3 % 26.0 % 26.1 %
65+ yrs 17.2 % 15.8 % 13.4 % 12.4 % 13.0 %
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ZIP CODE STUDIES
SALES & TRAFFICSEASONALITY
JAN FEB MAR APR MAY JUN
4.7% 6.2% 8.9% 7.5% 7.7% 8.4%
JUL AUG SEP OCT NOV DEC
9.7% 8.2% 7.4% 7.1% 10.4% 13.8%
MARKET AREA 6/15/2018 4/6/2018 11/10/2017 8/9/2017
Anderson 3 2 2 3
Athens 10 10 11 13
Atlanta 14 10 7 8
Commerce Area 24 34 34 34
Gainesville 5 4 4 3
Greenville-Spartanburg 7 5 5 5
Gwinnett 13 7 11 11
NC 5 3 4 2
Other GA 8 11 11 11
Other SC 4 4 5 5
Other USA 7 10 6 5
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SHOPPER SNAPSHOT
SHOPPER PROFILE Commerce Portfolio
Females 77% 75%
Average Age 42.5 46
Average Household Income $68,392 $91,837
Race-Caucasian 64% 71%
Race-Hispanic or Latino 5% 5%
Race - African American 14% 7%
Race - Asian 7% 7%
Marital Status- married 67% 73%
Local Resident Shoppers 60% 58%
Tourist (self-defined) 19% 42%
GENERAL SHOPPING PATTERNS Commerce Portfolio
Shopping Frequency (trips per yr) 12.4 8.2
Percentage of First Time Visitors 16% 17%
Avg # of Stores Visited 7.3 8.7
Avg # of Stores Purchased In 3.3 4
% of shoppers making a purchase 93% 95%
Length of Shopping Visit 124 minutes 129 minutes
Average Size of Shopping Party 3.1 3.1
Average Shopping Expenditure $174 $243
Average Perceived Savings 34% 36%
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TANGER OUTLETS GRAND RAPIDS 13
6
34 21 22
272628
17
4243
41
40
1413
38
3736
10 1
15
16
9
2
39
35
2425 11 4
12
3
18
5
1920
23
7
3233
2930
318
CORPORATEHEADQUARTERS
Greensboro, NC
Tanger Outlets owns and operates 43 upscale outlet shopping centers in 22 U.S. states coast to coast and in Canada, attracting over 188 million loyal customers each year.
LOCATIONS
TANGER’S REPUTATION
WITHIN THE INDUSTRY
CONTINUES TO DRIVE TENANT
DEMAND FOR SPACE IN
TANGER CENTERS.
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LOCATIONLISTING
SouthavenMississ ippi
1 Foley, AL Gulf Coast Resort Area I-10, Exit 44, Highway 59S
2 Phoenix (Glendale), AZ 9 miles Northwest of Phoenix Loop 101 and Glendale Avenue
3 Foxwoods (Mashantucket), CT Foxwoods Resort Casino, 50 miles East of Hartford
4 Rehoboth Beach, DE Coastal Resort Area 3 Locations on Delaware’s Coastal Highway Route 1
5 Daytona Beach, FL Coastal Resort Area I-95 & LPGA Boulevard
6 Commerce, GA Between Atlanta and Greenville, SC I-85, Exit 149
7 Locust Grove, GA Between Atlanta and Macon I-75, Exit 212
8 Savannah, GA Southwest Quadrant of I-95 and Pooler Parkway
9 Williamsburg, IA Between Des Moines and Iowa City I-80, Exit 220
10 Gonzales, LA Between New Orleans and Baton Rouge I-10 at Highway 30, Exit 177
11 National Harbor, MD 8 Miles Southeast of Washington, D.C. I-95/495 and I-295
12 Ocean City, MD Coastal Resort Area Route 50, One Mile West of the Beach 13 Grand Rapids, MI Southwest Quadrant of US-131 and 84th Street 14 Howell, MI Between Lansing and Detroit I-96 at M-59, Exit 133
15 Memphis (Southaven, MS) Northeast Quadrant of I-69/55 and Church Road
16 Branson, MO Ozark Mtn/Lakes Region Resort Area West Highway 76, 2 miles West of US Highway 65
17 Tilton, NH Lakes Region Resort Area I-93, Left off Exit 20
18 Atlantic City, NJ Coastal Resort Area 2014 Baltic Avenue
19 Deer Park, NY Minutes from Manhattan I-495, LIE Exit 52 on Commack Road and Grand Boulevard
20 Riverhead, NY Long Island Resort Area I-495 East, LIE Exits 72 and 73
21 Blowing Rock, NC Blue Ridge Mountains Resort Area 1/2 Mile South of the Blue Ridge Parkway on US Highway 321
22 Mebane, NC Between Raleigh-Durham and Greensboro/Winston-Salem I-40/85, Exit 154
23 Nags Head, NC Outer Banks Resort Area Highway 158 Bypass at Mile Post 16
24 Columbus, OH 22 Miles Northeast of Columbus I-71 and US 36/R 37
25 Jeffersonville, OH Between Cincinnati and Columbus I-71, Exit 65
26 Hershey, PA Hershey Park Resort Area Off PA-743/Hershey Park Drive
27 Lancaster, PA Amish Country Resort Area Route 30 East
28 Pittsburgh (Washington), PA 20 Minutes South of Pittsburgh I-79, Exit 41
29 Charleston, SC Coastal Resort Area I-26, Exit 213 or 213A
30 Hilton Head, SC 31 Hilton Head Island Resort Area
I-95, SC Exit 8 onto Highway 278 2 Locations on Highway 278
32 Myrtle Beach, SC Myrtle Beach Resort Area Highway 17N at Highway 22 Veterans Highway
33 Myrtle Beach, SC Myrtle Beach Resort Area Highway 501, 3 Miles West of the Intracoastal Waterway
34 Sevierville, TN Smoky Mountain Resort Area Highway 441/Parkway at Traffic Lights #13 and #13.1
35 Fort Worth, TX I-35W & SH 114 North Fort Worth, across from
the Texas Motor Speedway
36 Houston (Texas City), TX I-45, Exit 17 to Holland Road 5885 Gulf Freeway 37 San Marcos, TX Between San Antonio and Austin I-35, Exit 200
38 Terrell, TX 30 Minutes East of Dallas I-20 at Highway 34, Exit 501
39 Park City, UT Mountain Resort Area I-80, Exit 145, West on Ute Boulevard
CANADA
40 Cookstown, ON Toronto and Lake Resort Area 3311 Simcoe Road 89, Highway 400 at Highway 89
41 Ottawa, ON Kanata, Highway 417 at Hutmar Drive
42 Bromont, QC 45 Miles East of Downtown Montreal Bromont Boulevard Interchange at Highway 10
43 Saint-Sauveur, QC 37 Miles from Montreal Exit 60 off Highway 15 North
UNITED STATES
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Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presentlyoperates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers and one additional center currentlyunder construction. Tanger’s operating properties are located in 22 states coast to coast and in Canada, totaling approximately 14.8million square feet, leased to over 3,100 stores which are operated by more than 500 different brand name companies. The Company hasmore than 36 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 188 million shoppersannually.
TANGER OUTLETS COMMERCETANGER OUTLETS COMMERCETANGER OUTLETS COMMERCETANGER OUTLETS COMMERCE800 Steven B Tanger Blvd
Commerce, GA 30529
TANGEROUTLETS.COM