market profile 2019 nordstrom · corte madera, the village at 7 n town center corte madera crate...

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CORTE MADERA, CA MARKET PROFILE 2019 FOR INFORMATION: 415-924-8588 Macerich.com PROPERTY TYPE: Open-air Specialty Center TOTAL SQUARE FEET: 461,000 MAJOR RETAILERS: Apple, Anthropologie, Banana Republic, Gap, Macy’s, Microsoſt, Nordstrom, Poery Barn, Tesla, Williams-Sonoma RESTAURANTS & ENTERTAINMENT: Bazille by Nordstrom, Boca Pizzeria, Boudin SF, The Cheesecake Factory, Nordstrom e-bar BUILT / RENOVATED: 1985 / 2005

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Page 1: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

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C O R T E M A D E R A , C A

M A R K E T P R O F I L E 2 0 1 9

FOR INFORMATION:415-924-8588 Macerich.com

PROPERTY TYPE:Open-air Specialty Center

TOTAL SQUARE FEET:461,000

MAJOR RETAILERS:Apple, Anthropologie, Banana Republic,

Gap, Macy’s, Microsoft, Nordstrom, Pottery Barn, Tesla, Williams-Sonoma

RESTAURANTS & ENTERTAINMENT: Bazille by Nordstrom, Boca Pizzeria, Boudin SF, The Cheesecake Factory,

Nordstrom e-bar

BUILT / RENOVATED:1985 / 2005

Page 2: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

POPULATION

2018 Total Population 176,131 551,801 4,688,123

2023 Total Population 180,156 566,371 4,912,761

2018-2023 Population Growth 2.3% 2.6% 4.8%

HOUSEHOLDS

2018 Total Households 73,294 215,151 1,748,257

2023 Total Households 74,638 219,997 1,827,591

2018-2023 Household Growth 1.8% 2.3% 4.5%

INCOME

Average Household Income $165,100 $124,757 $128,699

Median Household Income $113,024 $84,789 $90,226

Per Capita Income $69,394 $49,344 $48,590

HOUSEHOLD INCOME RANGES

$50,000 + 55,979 76.4% 150,321 69.9% 1,250,300 71.5%

$75,000 + 48,265 65.9% 119,351 55.5% 1,009,159 57.7%

$100,000 + 40,937 55.9% 93,549 43.5% 806,957 46.2%

$150,000 + 28,372 38.7% 56,035 26.0% 493,741 28.2%

AGE

Median Age 46.8 42.3 39.3

EDUCATION / OCCUPATION

Bachelor’s Degree Plus 81,342 63.9% 180,076 46.0% 1,610,980 48.3%

White Collar 69,308 75.9% 192,471 67.0% 1,700,778 69.1%

RACE / ETHNICITY

White 139,898 79.4% 417,596 75.7% 2,279,423 48.6%

Black 3,288 1.9% 11,351 2.1% 346,602 7.4%

American Indian 992 0.6% 5,189 0.9% 24,785 0.5%

Asian 11,467 6.5% 31,938 5.8% 1,245,667 26.6%

Pacific Islander 314 0.2% 1,563 0.3% 33,684 0.7%

Other Race 20,172 11.5% 84,163 15.3% 757,962 16.2%

Hispanic or Latino 26,805 15.2% 123,045 22.3% 1,036,265 22.1%

Not Hispanic or Latino 149,326 84.8% 428,755 77.7% 3,651,858 77.9%

EMPLOYMENT / DAYTIME POPULATION 1 MILE 3 MILE 5 MILE

Total Businesses 768 5,312 9,484

Total Employees 8,192 48,534 76,400

Daytime Population 13,915 90,445 150,651

Source: U.S. Census Bureau. ESRI 2018

SAN FRANCISCO-OAKLAND-HAYWARD, CA [MSA]

DEMOGRAPHIC SUMMARY

PRIMARY TRADE AREA TOTAL TRADE AREA

Page 3: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

THE VILLAGEAT CORTE MADERA

TRADE AREA MAP

N

LEGEND

THE VILLAGE AT CORTE MADERA

PRIMARY TRADE AREA

SECONDARY TRADE AREA

COMPETITIVE CENTERS

OTHER CENTERS

Page 4: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

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SITE PLAN

UPDATED 3/19

Page 5: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

CORTE MADERA, CA

MARKET FACT SHEET

MARIN COUNTY’S MEDIAN HOUSEHOLD INCOME

REMAINS THE HIGHEST IN CALIFORNIA

BY OVER $37,000 AT APPROXIMATELY

$104,703 PER PERSON(U.S. CENSUS)

MARIN IS HOME TO 3 OF THE MOST VISITED

NATIONAL PARKS: MUIR WOODS NATIONAL

MONUMENT, GOLDEN GATE RECREATION

AREA AND POINT REYES NATIONAL SEASHORE

VISITORS GENERATED OVER$620 MILLION FOR

MARIN COUNTY

2.2% UNEMPLOYMENT RATE IN MARIN COUNTY

VS. STATE AVERAGE OF 4.2%

SAN FRANCISCO INTERNATIONAL AIRPORT IS JUST 45 MINUTES AWAY, SERVING NEARLY

57 MILLION ANNUAL PASSENGERS

NEARBY OAKLAND IS THE BAY AREA’S 2ND LARGEST AIRPORT, WITH MORE THAN

13 MILLION ANNUAL PASSENGERS

MEDIAN HOUSING PRICE IS OVER

$1.27 MILLION AMONG THE HIGHEST IN CALIFORNIA

LESS THAN 15 MINUTES FROM GOLDEN GATE BRIDGE

CITED AS THE HEALTHIEST COUNTY IN CA (ROBERT WOOD JOHNSON FOUNDATION)

6 SCHOOLS HAVE THE CALIFORNIA GOLD RIBBON DESIGNATION

24% OF THE SCHOOLS IN MARIN COUNTY ARE PRIVATE

RANKED 8 OUT OF THE 10 TOP PERFORMING AMERICAN MALLS IN THE COUNTRYCNBC.COM

DIRECTLY OFF HIGHWAY 101 WHICH IS TRAVELED BY AN AVERAGE 250,000VEHICLES PER DAYMARIN COUNTY NAMED AMONG THE BEST COUNTIES TO LIVE IN – THE ONLY CALIFORNIA COUNTY NAMED IN THE TOP 10(24/7 WALL ST)

Page 6: MARKET PROFILE 2019 NORDSTROM · corte madera, the village at 7 n town center corte madera crate & barrel rei il fornaio safeway bay club marin container store restoration hardware

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