edp 47098 leasebro 09 small - eden prairie center · state highway 5 u.s. 212 (92,000) interstate...

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Page 1: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive
Page 2: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

TIME WELL SPENT

2

time well spent

Page 3: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

3

WHY THE TWIN CITIES?

3.6 million

16th largest

No. 2– U.S. Bureau of Economic Analysis

More Fortune 500 companies

Forbes

Minneapolis-St. Paul is a dynamic market where residents namic markemic markMinneapolis-nneapol tsenjoy an active, outdoor lifestyle year-round. Thanks to the e yeary an aregion’s true four seasons, there are four seasons of strong retail sales.

No. 4CNBC

No. 1 Midwest market tech talent– CBRE Group, Inc., 2018

6th highest

18% higher– 2016 U.S. Census data

Page 4: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

WHY EDEN PRAIRIE, MINNESOTA?NO. 2

BEST PLACETO LIVE

IN THE U.S.Money Magazine 2016

4

The Great Outdoors

Jack Nicklaus Signature Golf Course

A Community of ContentmentNo. 2 Best Place to Live in the U.S.Money Magazine

No. 2 Lake Beach Town in AmericaWalletHub

fastest-growing

– U.S. Census population report

Page 5: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

Hutchinson

Ramsey

Forest Lake

St Michael

Minnetonka

Minneapolis

494

15 miles

45 miles

30 miles

94

35W

12

212

169

52

Elk River

St Paul

Lakeville

Maple Grove

5

1,003,665

$126,512Highest

210,275*

58%

30 miles

TRADE AREA

Source: Alexander Babbage*Source: esri

Top 75% of Trips

15 miles

Legend

Southdale Center

Ridgedale Center

Rosedale Center

Page 6: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

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TRADE AREA

MORE SHOPPERSWITH INCOME OF

$100,000+

Within a 5-mile Radius Eden Prairie Center Southdale Center Ridgedale Center Rosedale Center

Average HH Income

HH Income > $100,000

$132,691

48.64%

$108,042

37.22%

$111,397

39.76%

$77,557

24.59%

Median Disposable Income

Annual HH Spending: Apparel & Services, Tech,

Dining Out, Groceries

Avg HH Size

$75,366

$16,986

2.40

$58,437

$13,900

2.27

$61,641

$14,371

2.24

$42,668

$10,370

2.34

Source: esri

Page 7: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

State Highway 5

U.S. 212 (92,000)Interstate 494 (102, 000)

To Highway 16

Prairie Center Drive (33,000)

Prairie Center Drive (20,800)

Flying Cloud Drive (31,500)

Restaurant Opportunity

7

TRADE AREA

Source: Alexander Babbage*Source: esri

11% more often1.9

1 hour, 31 minutes

>$100,000 (49%)(34%)

4.85% 16.9%

24 – 56 age demographic (56%)

Page 8: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

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EDEN PRAIRIE CENTER

90 SHOPSAND RESTAURANTS

10 MILLION SHOPPERSANNUALLY

1.3 MILLION SF

Page 9: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

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$6.4 million

9

EDEN PRAIRIE CENTER

Page 10: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

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SCHEELS

248,000 SF

Largest SCHEELS in the state of Minnesota

150-mile radius

Over 1,000 brands

*SCHEELS currently operates a 20,000 SF concept

store at Eden Prairie Center, with an emphasis on

clothing and shoes for women, men and youth.

COMING SUMMER 2020

Page 11: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive
Page 12: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

THE SHOPPER

The Eden Prairie Center Shopper

Source: Alexander Babbage

1. Hockey Moms

2. Savvy Suburbanites

3. Rising Stars

4. The Bloomburgs

Source: esri Tapestry

1

Page 13: EDP 47098 LeaseBro 09 small - Eden Prairie Center · State Highway 5 U.S. 212 (92,000) Interstate 494 (102, 000) To Highway 1 6 Prairie Center Drive (33,000) Prairie Center Drive

Chad Macy, CRX, CLS Lane Walsh, CLS