Transcript
Page 1: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

CYPRESS, TEXAS

Page 2: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston
Page 3: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

PROPERTY OVERVIEW

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

HOUSTON PREMIUM OUTLETS®

CYPRESS, TX

MAJOR METROPOLITAN AREAS

Houston: 30 miles Austin: 130 miles San Antonio: 200 miles New Orleans, LA: 375 miles

RETAIL

GLA (sq. ft.) 542,000; 148 stores

OPENING DATE

Opened March 2008Expanded 2010

PARKING RATIO

5.22:1

RADIUS POPULATION

15 miles: 911,776 30 miles: 4,030,363 45 miles: 5,877,713

AVERAGE HH INCOME

3 miles: $124,287 5 miles: $120,934 10 miles: $105,89230 miles: $92,940

SELECT TENANTS

Saks Fifth Avenue OFF 5TH, Ann Taylor Factory Store, Armani, Banana Republic Factory Store, Burberry, Calvin Klein Company Store, Coach, Cole Haan Outlet, David Yurman, DKNY Company Store, Elie Tahari Outlet, Elizabeth Arden, Escada, Forever 21, kate spade new york, LACOSTE Outlet, Michael Kors Outlet, Nike Factory Store, Robert Graham, St. John, TAG Heuer, Talbots, Theory, Tory Burch, True Religion, and many more exciting retailers.

TOURISM / TRAFFIC

Houston is the 4th largest city in the U.S. and the most populous city in Texas with a population of over 5.7 million in the trade area and 6.3 million in the metro area. Houston, known for its oil and gas industries, also has the 2nd highest number of Fortune 500 companies after New York City. Houston’s Texas Medical Center is the largest medical center in the world with over 4.8 million patient visits annually. Three airports form the 6th largest airport network in the world serving 52+ million passengers annually. Houston is home to The Houston Texans (NFL), The Houston Astros (MLB), and The Houston Rockets (NBA).

LOCATION / DIRECTIONS

US 290 at Fairfield Place Road, Cypress, Texas.

— From Dallas/Woodlands and Northwest Houston/Kingwood: Take 99 Grand Parkway West towards 290. Exit on Cumberland Drive and exit Cumberland Drive left onto Cypresswood Drive.

— From San Antonio/Katy (via 99N): 99N to US 290, exit Mason Road

— From Austin: I-35N to US 290E, exit Mason Road — From Beaumont/Louisiana: I-10W to 610N to US 290W

Mas

on Rd

.

Fair�

eld Pl

ace

San Antonio

610

610

290

290

Houston

Pasadena

5945

1010

45

99

Tollway completed to SR 59

HOUSTON PREMIUM OUTLETSCYPRESS, TX

Page 4: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

MASTER PLAN

EXPRESS

ADIDAS/REEBOK/REEBOK CLASSIC

SAKS FIFTH AVENUE OFF 5TH

FAIR

FIEL

D P

L.

HEMPSTEAD RD.

US 290

FAIRFIELD

FALLS W

AY

CYPRESSWOOD DR.

NO

RTH

BANANA REPUBLICFACTORY STORE

BROOKSBROTHERSGAP

OUTLET

NIKE FACTORY STORECALVIN KLEIN

COMPANY STORE

Page 5: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

AERIAL OVERVIEWN

ORT

H

US 290 / Northwest Fwy.

Fair�eld Place

Fair�eld Falls Way

Cypresswood Dr.

HOUSTON PREMIUM OUTLETS

Page 6: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

SURROUNDING AREA CENTERS

Simon Centers Competition

Navasota

Alvin

Tomball

Old River-Winfree

Shoreacres

Woodloch

Southside Place

Hilshire Village

Orchard

Hillcrest

Bayou Vista

Cinco Ranch

Anderson

Fayetteville

Cleveland

Goodrich

El LagoClear Lake Shores

Fifth Street

Big Thicket Lake

Holiday LakesDanbury

Meadows Place

Round Top

Beasley

Dayton Lakes

Waller

Glidden

Industry

Kendleton

Panorama Village

Stagecoach

Liverpool

Cove

Burton

Tiki Island

Oak Ridge North

Damon

Pearland

Bunker Hill Village

Wallis

Roman Forest

Bonney

Oakhurst

Carmine

Pleak

Mission Bend

Needville

Indian Sp

Morgan's Point

Jacinto City

Hungerford

Shenandoah

Coldspring

North Cleveland

Iago

West University Place

Arcola

Patton Village

Snook

Simonton

League City

Brookside Village

Fairchilds

Todd Mission

Brazos Country

Crosby

Katy

New Waverly

Sheldon

Four Corners

Cut and Shoot

Weston Lakes

Greatwood

Bellville

Eagle Lake

Magnolia

Columbus

Somerville

Cumings

South Houston

Splendora

Rosharon

Porter Heights

Pattison

Ame

Cloverleaf

Jersey Village

Willis

Cape Royale

Brookshire

East Bernard

Plum Grove

Caldwell

Millican

Baytown

Houston

Friendswood

Beach City

New Territory

Boling

Galena Park

San Leon

Montgomery

Hempstead

Shepherd

Highlands

Barrett

Prairie View

The Woodlands

Iowa Colony

Wharton

Aldine

Pinehurst

Fulshear

Thompsons

Livingston

San Felipe

Pecan Grove

Pine Island

Humble

Lake Bryan

Dickinson

Deer Park

Sealy

Brenham

Sienna Plantation

La Marque

Seabrook

Mont Belvieu

Santa Fe

Channelview

La Porte

Dayton

Rosenberg

Spring

Manvel

Atascocita

Texas CityMissouri City

West LivingstonHuntsville

Liberty

Bryan

Pasadena

College Station

Conroe

HitchcockGalveston

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5

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79

10

1112

14

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16

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13

11

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1215

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620

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16

15 MILES

30 MILES

45 MILES

1 Houston Premium Outlets®2 Almeda Mall3 Deerbrook Mall4 First Colony Mall5 The Galleria®6 Greenspoint Mall7 Highland Village Shopping Center8 Katy Mills®9 La Centerra at Cinco Ranch

10 Market Street at The Woodlands11 Memorial City Mall12 Northwest Mall13 Outlets at Conroe14 Pearland Town Center15 River Oaks Shopping Center16 Tanger Outlets―Galveston/Houston17 Town & Country Village18 The Village Arcade19 West Oaks Mall20 Willowbrook Mall21 The Woodlands Mall

Page 7: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Willowbrook Mall Houston, TX 1,511,000 sf Dillard’s, JCPenney, Macy’s,

Nordstrom Rack, Apple, H&M, Zara 15 miles / 22 minutes

Memorial City MallHouston, TX 1,700,000 sf Dillard’s, JCPenney, Macy’s, Apple, Target 25 miles / 30 minutes

The Galleria®Houston, TX 1,927,000 sf Neiman Marcus, Nordstrom,

Saks Fifth Avenue, Macy’s 27 miles / 40 minutes

First Colony Mall Houston, TX 1,005,000 sf Dillard’s, Macy’s, JCPenney 37 miles / 40 minutes

The Woodlands Mall Houston, TX 1,166,000 sf Dillard’s, JCPenney, Macy’s,

Apple, Microsoft, The Cheesecake Factory 43 miles / 45 minutes

Pearland Town Center Houston, TX 718,000 sf Barnes & Noble, Dillard’s, Macy’s,

Sports Authority 45 miles / 50 minutes

Baybrook Mall Houston, TX 1,240,000 sf Dillard’s, Macy’s, Sears, JCPenney,

Forever 21, Zara 59 miles / 1 hour

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Katy Mills® Katy, TX 1,790,000 sf Neiman Marcus Last Call,

Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes

Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour

Tanger Outlets - Galveston/Houston Texas City, TX 353,000 sf Coach, Calvin Klein, Nike, Old Navy 75 miles / 1 hour 18 minutes

Page 8: CYPRESS, TEXAS - Simon Property Group...Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX 280,000 sf Nike Clearance 57 miles / 1 hour Tanger Outlets - Galveston/Houston

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).


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