restaurant opportunities | golden triangle mall · 2017-12-05 · golden triangle mall benefits...

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RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL Features Golden 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 LEASE TOTAL 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 214-720-3645 [email protected] Traffic Counts IH-35 147,282 VPD Loop 288 46,284 VPD

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Page 1: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

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

Page 2: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

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

Page 3: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

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

Page 4: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

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

Page 5: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

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

Page 6: RESTAURANT OPPORTUNITIES | GOLDEN TRIANGLE MALL · 2017-12-05 · Golden Triangle Mall benefits from its key location in the fast-growing Denton, Texas trade area, an . epicenter

www.shopgoldentriangle.com

AVAILABLE RESTAURANT SPACES

RestaurantPylon Sign

Pad Site

147,282 vpd

46,284 vpd