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EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

Jul 14, 2020

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Page 1: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

EAGAN, MINNESOTA

Page 2: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).
Page 3: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

PROPERTY OVERVIEW

MAJOR METROPOLITAN AREAS

Minneapolis: 10 miles St. Paul: 10 miles

RETAIL

GLA (sq. ft.) 409,000; 100 stores

OPENING DATES

Opened August 2014

PARKING RATIO

5.5:1

RADIUS POPULATION

15 miles: 1,601,17830 miles: 2,925,84045 miles: 3,405,838

AVERAGE HH INCOME

30 miles: $88,034

SELECT TENANTS

adidas, Ann Taylor Factory Store, Armani Outlet, Banana Republic Factory Store, Coach Factory Store, Cole Haan Outlet, Express Factory Outlet, Fossil, Gap Factory Store, J.Crew Factory, Lucky Brand Outlet, Michael Kors Outlet, Movado Company Store, NikeFactoryStore, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, True Religion, Under Armour, Vera Bradley

TOURISM / TRAFFIC

The City of Eagan is a growing suburb located southwest of the Greater Minneapolis-St. Paul (MSP) metro area. The MSP metro area is home to more than 3.2 million people. With a GMP of nearly $200 billion, MSP is the 13th largest metropolitan economy in the U.S. and 44th in the world. The greater MSP area is home to 19 Fortune 500 companies and seven of Forbes’ largest private firms. It is also an important center for manufacturing, retail, bioscience and medical technology, pharmaceuticals, and health care. Eagan is only 10 miles from both Minneapolis and St. Paul. Traffic counts by the site are approximately 125,000 VPD. In 2008, MSP had 17.9 million visitors and was selected as one of Frommer’s top international destinations. Locals and visitors will travel by the site on the way to many of Minnesota’s attractions. The MSP International Airport is only minutes away and serves more than 33 million passengers annually.

LOCATION / DIRECTIONS

Intersection of Highway 13 and Highway 77 (Cedar Avenue) in Eagan, Minnesota.

TWIN CITIES PREMIUM OUTLETS®

JOINT VENTURE WITH PARAGON OUTLETS

EAGAN, MN

St. Paul

Eagan

35E

35E

35E

694494

494

494

494

394

35W

35W

35W

71

52

52

12

Minneapolis

94

TWIN CITIES PREMIUM OUTLETSEAGAN, MN

Information accurate as of 5/1/16. Source: SPG Research; trade area demographic information per STI: PopStats (2015).

Page 4: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

MASTER PLAN

EAGAN OUTLETS PKWY.

NICOLS RD.

SR 13 / SIBLEY MEMORIAL HWY.

CEDAR GROVE PKWY.

TO CEDARGROVE PKWY.

N

UPPER LEVEL PARKING DECK

Page 5: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

AERIAL OVERVIEW

SR 13 / SIBLEY MEMORIAL HWY.

NICOLS RD.

NICOLS RD.

CEDAR GROVE PKW

Y.

RAHN RD.

EXIT TOSR 77 / CEDAR AVE.

EAGAN OUTLE

TS PKWY.

NORTH

Page 6: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

SURROUNDING AREA CENTERS

Simon Centers Competition

Columbus

Medina

Hugo

Shorewood

North Mankato Elysian

Dennison

Heidelberg

Le Sueur

Mankato

Spring Lake Park

Dayton

Bellechester

Clearwater

Biscay

White Bear Lake

Landfall

Hammond

Hilltop

Millville

Kilkenny

Skyline

New Trier

Hamburg

ChanhassenMendota

Loretto

Kellogg

Rockford

Cottage Grove

Medicine Lake

Plato

St Marys PointSilver Lake

BrowntonHastings

Lauderdale

St Francis

earles

Kingston

GreenwoodSpring Park

Center City

Zumbro Falls

Cleveland

South Haven

New Auburn

Lexington

Excelsior

Osseo

Lakeland Shores

Watkins

St Clair

t

Lester Prairie

Warsaw

Lilydale

Lake City

Goodhue

Long Lake

Pine Springs

Nicollet

Bethel

Elgin

Clear Lake

Vermillion

Randolph

Green Isle

Kasota Mazeppa

Morristown

St Bonifacius

West Concord

HendersonWinthrop

Maple Plain

Medford

Madison Lake

Claremont

Lafayette

Sartell

Hampton

Princeton

Nerstrand

Mayer

Wanamingo

Coates

MantorvilleMadelia

on

Cokato

Kimball

New Prague

Le Center

Eagle Lake

Arlington

Silver Creek

Lake CrystalJanesville

Gaylord

St Anthony

Martin Lake

Dassel

Bayport

Winsted

Miesville

Cologne

Frontenac

Garden City

Dundas

Elba

Howard Lake

Fairhaven

Hanover

Plainview

Darwin

Maple Lake

Kenyon

Waterville

Pine Island

Centerville

Waverly

Watertown

Courtland

Montgomery

Cold Spring

Zumbrota

Lonsdale

Oronoco

Byron

Lakeland

Dellwood

Annandale

North St Paul

A

Oak Park Heights

Jordan

Stacy

Glencoe

Elko New Market

St Cloud

Zimmerman

St Paul Park

Lindstrom

St Joseph

Newport

Delano

Hopkins

Carver

Marine on St Croix

Taylors Falls

Cannon Falls

Waconia

Albertville

Isanti

Waseca

New Hope

St Peter

Belle Plaine

Sauk Rapids

Anoka

Cambridge

Big Lake

Stillwater

Rogers

North Oaks

Champlin

Monticello

Waite Park

Hutchinson

Wabasha

Victoria

Ulm

Golden ValleySt Louis Park

Fridley

Becker

Oakdale

Shoreview

Owatonna

Chisago City

Farmington

Faribault

Edina

Savage Apple Valley

Chaska

Prior Lake

Harris

Wyoming

Coon Rapids

Lake Elmo

Grant

Afton

BurnsvilleShakopee

Ramsey

St Augusta

Inver Grove Heights

Otsego

Minnetrista

Eagan

Blaine

Andover

Oak Grove

Rosemount

Nowthen

Eden Prairie

Plymouth

Forest Lake

Woodbury

Ham Lake

North Branch

Corcoran

St Michael

Lakeville

Bloomington

Scandia

Red Wing

Elk River

East Bethel

St Paul

Minneapolis

Turtle Lake

Deer Park

Bay City

Pepin

Arkansaw

D

Stockholm

Plum City

Prairie F

Spring Valley

Almena

Maiden Rock

Nelson

Elmwood

KnappWilson

Centuria

Woodville

Milltown

Emerald

Dresser

Star Prairie

Roberts

River Falls

Glenwood City

Luck

Somerset

Baldwin

Downing

Clayton

Balsam Lake

Amery

Ellsworth

Cumberland

Osceola

St Croix Falls

Hudson

New Richmond

M16

3

45

6

7

8

10

11

12

13

14

1517

2

99

2

1410

12

8

17

7

11 15 613

416

5

3

1

15 MILES

30 MILES

45 MILES

1 Twin Cities Premium Outlets®2 Albertville Premium Outlets3 Burnsville Center4 Eden Prairie Center5 Galleria6 Gaviidae Common7 Mall of America8 Maplewood Mall9 Medford Outlet Center

10 Northtown Mall11 Ridgedale Center12 Riverdale Village13 Rosedale Center14 The Shoppes at Arbor Lakess15 The Shops at West End16 Southdale Center17 Woodbury Lakes

Page 7: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Mall of AmericaBloomington, MN 2,500,000 sf Macy’s, Nordstrom, Sears 3 miles / 5 minutes

Burnsville CenterBurnsville, MN 1,100,000 sf Dick’s Sporting Goods, JCPenney, Macy’s,

Sears 8 miles / 12 minutes

GalleriaEdina, MN 420,000 sf Gabberts Design Studio & Fine Furniture,

Crate & Barrel, Pottery Barn 11 miles / 17 minutes

Southdale Center®Edina, MN 1,297,000 sf Herberger’s, Macy’s, JCPenney,

Gordmans, AMC 16 Theatres 11 miles / 17 minutes

Rosedale CenterRoseville, MN 1,150,000 sf Herberger’s, JCPenney, Macy’s,

AMC Theatres 22 miles / 26 minutes

Ridgedale CenterMinnetonka, MN 1,040,000 sf JCPenney, Macy’s, Nordstrom, Sears 22 miles / 26 minutes

Woodbury Lakes Woodbury, MN 390,000 sf DSW 21 miles / 26 minutes

The Shoppes at Arbor Lakes Maple Grove, MN 850,000 sf Whole Foods Market, World Market,

AMC Theatres 31 miles / 34 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Albertville Premium Outlets®Albertville, MN 429,000 sf 47 miles / 49 minutes

Page 8: EAGAN, MINNESOTA - Simon Property Group · Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).