sg merritt park shopping center brochure · arlington, va 22209 segallgroup.com • retail...
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SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
Jamie [email protected] CELL
410.753.3000 OFFICE
R E T A I L P R O P E R T Y
for leaseMerritt Park Shopping CenterMERRITT BOULEVARD & HOLABIRD AVENUE
DUNDALK, MD 21222
OVERVIEWMerritt Park has again become the iconic community gathering place for shopping, medical needs, food and fun in the center of the Dundalk community. This iconic presence in Dundalk, since opening in 1960, sits at one of the highest combined traffi c intersections on the peninsula. This newly remodeled shopping center boasts a great mix of new restaurants, cafes, retail and community services such as doctor’s offi ces and the existing Baltimore county library branch that boasts more than 530,000 visits annually, second highest in Baltimore county.
FEATURING
AVAILABILITY Immediate
SIZE 1,200 - 60,000 square feet
RENTAL RATE Varies by size
TRAFFIC COUNTS 15,220 AADT - Holabird Avenue40,612 AADT - Merritt Boulevard
PARKING 800+ spaces
DEMOGRAPHICS AT A GLANCE2016 DEMOGRAPHICS 1 MILE 3 MILE PENINSULA
Population 20,794 79,440 74,059
No. Households 7,833 30,231 28,215
Average HH Income $59,041 $55,683 $57,714
Daytime Population 8,511 40,326 28,961All information herein was obtained from sources deemed reliable. This information is subject to change. No warranty is made as to it’s accuracy.
OPENING SOON!
NOW OPEN!
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
R E T A I L P R O P E R T Y
for lease
Jamie [email protected] CELL
410.753.3000 OFFICE
REDEVELOPMENT Merritt Park Shopping Center • Dundalk, Maryland 21222
This iconic community gathering place for shopping and entertainment is in the midst of a transformation! Standing out from the myriad grocery-anchored strip centers on the Dundalk community peninsula is the renovated and reenergized Merritt Park.
Continuing its long standing heritage within the amazing fabric of the Dundalk community since opening in 1960, the remodel of this property celebrates 1960 retail architecture and embraces what made local retailers the backbone of American business – its strong ties to the local community they serve.
Merritt Park’s strengths will be the reason you will not only fi nd your customers
spending time and shopping at Merritt Park; it will be the reason you will want to locate your store here. Three principal reasons for locating your store at this iconic community-oriented property include:• The dominant, community-centric location • The new merchandising program built to celebrate the local shopper • The area is densely populated and our customer profi le is “starved” for a new retail shopping environment targeted to the Dundalk community.
ORIGINAL CONSTRUCTION: 1960MAJOR RENOVATION: 2014TOTAL GLA: 150,000PARKING SPACES: 800+AVAILABILITY: NOW
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
R E T A I L P R O P E R T Y
for lease
Jamie [email protected] CELL
410.753.3000 OFFICE
CUSTOMER PROFILE Merritt Park Shopping Center • Dundalk, Maryland 21222
THE DUNDALK CUSTOMER - TAPESTRY PROFILE
70% of the customer base shares the following:
• Mortgages: In the three mile radius, almost 40% of the homeowners do not hold a fi rst or second mortgage on their home
• Family-oriented – living in their homes for long periods of time
• Financially conservative – prefer credit unions to banks• Few hold a mortgage and usually have a surprising net
worth for this income category• Net Worth of one mile radius = $243,565• Net worth of three mile radius = $225,240• 87% of the population drive to work withindrive times of
fi ve to 30 minutes• Many receive investment income• Shop at JC Penny, Wal-Mart, Target & Kohls• Prefer the local beach as a vacation spot• Prefer watching football, baseball and going to NASCAR
races• Cable TV customers who prefer to watch sitcoms• Attempt small home improvement projects on their own• Lawn and gardening are important• Bowling, fi shing and hunting are important recreation• Most have more than one (1) pet AN EASILY DEFINABLE AND MARKETABLE
CUSTOMER PROFILE FOR YOUR BUSINESS
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
R E T A I L P R O P E R T Y
for lease
Jamie [email protected] CELL
410.753.3000 OFFICE
MERCHANDISING PLAN Merritt Park Shopping Center • Dundalk, Maryland 21222
University of MD/Choice OneUrgent Care
FS 000,02
FS 000,3
Over 500,000 annual visits
DentistLease Signed
3,000 SF
Allstate InsuranceNow Open
Advance Realty Open
Lease SignedOpen Summer 2017
Dundalk Pediatrics Now Open
Jalepeño’s MarketNow Open
La Belle Nails & SpaNow Open
Dollar TreeNow Open
Pet ValueNow Open
Save A LotIn Construction
Open Spring 201717,000 SF
Existing & OpenYMCA Headstart
Merritt SubsEverspring AsianCricket Wireless
Now Open
Available Pad Site
Fresenius MedicalNow Open
Greg’s Driving SchoolOpen Spring 2017
Vacant Space
Space E 2,640 SF VACANT
Space G-H 7,100 SF VACANT
Space K 1,800 SF VACANT
Space M-P 8,900 SF VACANT
Space Q 5,040 SF VACANT
Space S 6,570 SF VACANT
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
R E T A I L P R O P E R T Y
for lease
Jamie [email protected] CELL
410.753.3000 OFFICE
AERIAL Merritt Park Shopping Center • Dundalk, Maryland 21222
15,220 AADT
13,801 AADT
40,6
12 A
AD
T
40,6
12 A
AD
T
SITESITE
Univ
ersit
y of
MD
/Cho
ice
One
Urge
nt C
are
FS000,02
FS000,3
Ove
r 500
,000
ann
ual v
isit
/ear
ly D
ecem
ber
Dol
lar T
ree
Now
Ope
n
edSp
ring
2017
3,80
0 SF
nin
g 20
1717
,000
SF
s
Now
Avai
labl
e Pa
d Si
te
Fres
eniu
s Med
ical
Now
Ope
n
Greg
’s D
rivin
g Sc
hool
Ope
n Sp
ring
2017
®
MERRITT PAVILION
86,000 SF DEVELOPMENT ESTIMATED DELIVERY 2018
NORTH POINT LIBRARY
530,000 VISITORS ANNULALLY
COMMUNITY COLLEGE OF BALTIMORE COUNTY
DUNDALK4,685 ENROLLMENT
MERRITT PARK SHOPPING CENTER
150,000 GLA
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
R E T A I L P R O P E R T Y
for lease
Jamie [email protected] CELL
410.753.3000 OFFICE
AERIAL Merritt Park Shopping Center • Dundalk, Maryland 21222
1 MILE
Holabird Avenue
Holabird Avenue
Wise Avenue
Wise Avenue
Mer
ritt B
oule
vard
Mer
ritt B
oule
vard
Univ
ersit
y of
MD/
Choi
ce O
ne
Urge
nt C
are
FS000,02
FS000,3
Ove
r 500
,000
ann
ual v
isits
/ear
ly D
ecem
ber
Dolla
r Tre
eNo
w O
pen
alue
ease
Sig
ned
Ope
n Sp
ring
2017
3,80
0 SF
A Lo
tCo
nstru
ctio
n
Ope
n Sp
ring
2017
17,0
00 S
F
less
Now
Avai
labl
e Pa
d Si
te
Fres
eniu
s Med
ical
Now
Ope
n
Greg
’s Dr
ivin
g Sc
hool
Ope
n Sp
ring
2017
®
COMMUNITY COLLEGE OF BALTIMORE
COUNTY DUNDALK4,685 ENROLLMENT
DUNDALK HIGH SCHOOL
GERMAN HILL SHOPPING CENTER
LYNCH MANOR
DUNDALK PLAZA
DANVILLE SQUARE
MERRITT POINT SHOPPING CENTER
MERRITT PAVILION86,000 SF DEVELOPMENTESTIMATED DELIVERY 2018
SITESITEMERRITT PARK
SHOPPING CENTER
150,000 GLA 13,801 AADT
13,801 AADT
40,612 AA
DT
40,612 AA
DT
24,5
42 A
AD
T
24,5
42 A
AD
T
15,220 AADT15,220 AADT