restaurant opportunities | golden triangle mall · 2017-12-05 · golden triangle mall benefits...
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RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL
FeaturesGolden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an epicenter of booming residential growth in the D-FW MSA. Within the trade area, the population has increased a phenomenal 89.9 percent since 2000. Today, the trade area incorporates approximately 346,000 people in more than 115,000 households. Impressively, those households report strong house-hold incomes of $85,982.• Daytime population: 301,422• 314 stores within a 2-mile radius totaling more than 2.7 million SF• Alcohol sales: $9,150,133
RESTAURANT SPACE FOR LEASETOTAL SF: 784,200
MIN CONTIGUOUS SF: 400
MAX CONTIGUOUS SF: 30,000
The information was obtained from sources deemed reliable; however, Weitzman has not verified it and makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease, or withdrawal without notice. You and your advisors should conduct a careful independent investigation of the property to determine if it is suitable for your intended purpose.
Demographics YEAR: 2016 3 MILE 5 MILE 10 MILE TRADE AREA
Total Population 83,558 153,822 286,426 346,411
Total Households 28,359 51,573 95,199 115,394
Average HH Income $64,164 $74,042 $96,701 $85,982
5 Year Population Growth 15.5% 15.7% 17.9% 18.5%
Byron Howard [email protected]
Traffic Counts
IH-35 147,282 VPD
Loop 288 46,284 VPD
GOLDEN TRIANGLE MALL | EXECUTIVE SUMMARY
DEMOGRAPHICS
The Golden Triangle Mall trade area offers:
Density: 2016 Population5-mile 153,82210-mile 286,426Trade area 346,411
Growth: Population Growth (2000-2016)5-mile 57.1%10-mile 70.8%Trade area 89.9%
Wealth: Avg HH income5-mile $74,04210-mile $96,701Trade area $85,982
Traffic throughout the day: Daytime Population5-mile 144,57310-mile 246,846Trade area 301,422
ONE OF THE TOP 25
FASTEST GROWING US CITIES
POPULATION GROWTH
2000-201689.9%
115,394TOTAL HOUSEHOLDS346,411
2016 POPULATION
AVG HOUSEHOLD INCOME $85,982
POPULATION PROJECTED TO GROW TO 410K BY 2021
YOUNG POPULATION20%
50,000+COLLEGE POPULATION
NO SPECIALTY COMPETITION
PRIOR TO MALL PURCHASE $290 psf
16,000NEW HOUSING
GOLDEN TRIANGLE MALL | MARKET FACTS
GOLDEN TRIANGLE MALL TRADE AREA
UNDER AGE 15
HOMES PLANNED OR UNDER CONSTRUCTION
STRONG INLINE SALES
CURRENT SALES $415 psf
28NATIONAL RETAILERS INVESTING
ONLY MALL WITHIN AMINUTE DRIVE TIME 25
NEW NATIONAL TENANTS OR STORES REMODELED TO THE LATEST PROTOTYPE
Men’s
RestaurantPylon Sign
(46,000 vpd)
(5,000 vpd)
(147,000 vpd)
(7,000 vpd)
The information was obtained from sources deemed reliable; however, Weitzman has not verified it and makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease, or withdrawal without notice. You and your advisors should conduct a careful independent investigation of the property to determine if it is suitable for your intended purpose.
GOLDEN TRIANGLE MALL | SITE PLAN
LOCATION MAP
DFWAirport
DallasFort Worth
DentonGolden Triangle Mall
20
20
2020
3030
30
35E
45
45
35E
35E
35W
35W
820
635
35W
75
75
67175
175
287
377
287
77
287
69
69
121
v
288
www.shopgoldentriangle.com
AVAILABLE RESTAURANT SPACES
RestaurantPylon Sign
Pad Site
147,282 vpd
46,284 vpd