o n rthe wat e w a y...2018/06/06 · o n the wa e r w a y barefoot resort 3,000+ residential units...
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ON THE WATERWAY
Barefoot Landing is the most popular shopping, dining and entertainment destination in North Myrtle Beach, SC. Ideally situated on the Intracoastal Waterway and featuring a 27 acre lake, this unique lifestyle center combines breathtaking scenery with an outstanding offering of local, regional and national merchants.
6 MILLIONAnnual Visitors
122 MINUTESAverage Dwell Time
Grand Strand’sPREMIER SHOPPING, DINING
& ENTERTAINMENT DESTINATION
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ACCESS: 4 points of vehicular ingress and egressPARKING SPACES: 2,377 (10 Spaces/1,000 Sq. Ft.)
GLA: 244,380 Sq. Ft.ACRES: 65
PROPERT Y OVERVIEW
• Located on the high traffic corridor of Highway 17• Restaurant Anchors: Lucy Buffett’s LuLu’s, Greg Norman Australian Grille, Flying Fish Public Market & Grill, Joe’s Crab Shack• Retail Anchors: White House/Black Market, Chico’s, Ron Jon Surf Shop, Christmas Mouse, The Mole Hole• Located less than one mile from of the Atlantic Ocean
CENTER HIGHLIGHTS
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S O U T HC A R O L I N A North Myrtle Beach, SC
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ON THE WATERWAY
WITHIN A DAY’S DRIVE OF MOSTEASTERN U.S. CITIES
ATLANTA
CHICAGO
BOSTON
CINCINNATI
CHARLOTTE
COLUMBIA
DETROIT
364 miles
943 miles
888 miles
642 miles
171 miles
138 miles
838 miles
INDIANAPOLIS
PHILADELPHIA
NASHVILLE
RALEIGH
NEW YORK
ST. LOUIS
WASHINGTON
749 miles
596 miles
593 miles
193 miles
685 miles
898 miles
450 miles
Grand Strand’s ease of access, 100,000 rental units, temperate climate and 60 miles of beachfront
attracts a growing number of residents and tourists.
Source: Myrtle Beach Chamber
MARKET HIGHLIGHTS
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REASONS TO VISIT THE GRAND STRANDANNUAL VISITORS ( IN MILLIONS)
Source: Myrtle Beach Chamber
2010 2011 2012 2013 2014 2015 2016
20
15
10
5
0
14.014.5
15.216.1 17.2
17.9 18
% POPUL ATION GROWTH FROM 2015 TO 2016
METROPOLITAN STATISTICAL AREA 2015POPULATION ESTIMATES
2016 % CHANGE RANK
Myrtle Beach is the 2nd fastest growing metro area in the U.S. according to the U.S. Census Bureau
The Villages, FLMyrtle Beach-Conway-North Myrtle Beach, SCBend-Redmond, ORGreeley, COCape Coral -Fort Myers, FLSt. George, UTProvo-Orem, UTPunta Gorda, FLAustin-Round Rock, TXNorth Port-Sarasota-Bradenton, FLCoeur d’Alene, IDLakeland-Winter Haven, FLSebastian-Vero Beach, FLRaleigh, NCOrlando-Kissimmee-Sandford, FL
118,882432,493174,942
285,053700,285155,450585,362173,194
1,998,104768,013150,364649,425147,792
1,271,3812,382,132
123,996449,295181,307294,932722,336160,245603,309178,465
2,056,405788,457154,311
666,149151,563
1,302,9462,441,257
4.3%3.9%3.6%3.5%3.1%3.1%3.1%3.0%2.9%2.7%2.6%2.6%2.6%2.5%2.5%
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101112131415
ONE OF THE MOST POPULAR FAMILYBEACH DESTINATIONS ON THE EAST COAST
TripAdvisor TOP 25 Travel Destination and TOP 10 Beach in the World
US News & World Report TOP 10 Best Family Beach Vacations
Travel Channel TOP 10 Vacation Spots
WORLD-CLASS GOLF101 golf courses host more than 3 million golf rounds per year
SPORTS TOURISMOutdoor sports complexes
100,000 Sq. Ft. indoor sports facility
The Ripken Experience
ON THE WATERWAY
BAREFOOT RESORT
3,000+ Residential Units4 Championship Golf Courses
126 slip marina accommodatingboats from 18’-130’ in length
BRIARCLIFFE ACRES
$300K – $3M+Median: $618K
WINDY HILL
$300K – $2.5M+Median: $466K
100,000+ ACCOMMODATION UNITS
Within 30-Minute Drive
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GREAT VISIBILITYSituated on US Highway 17, the major corridor connecting Myrtle Beach to Wilmington, NC and Charleston, SC, offering unparalleled exposure to the 60,000 cars that travel this highway daily
AFFLUENT SUBMARKET Surrounded by affluent neighborhoods in North Myrtle Beach and located at entrance to Barefoot Resort and its 3,000+ residential units and 4 golf courses
ROBUST TOURISMClose proximity to a large concentration of accommodation units
WATERWAY FRONTAGEOver 3,000 feet of frontage along the Intracoastal Waterway
A+ LOCATION
LOCATION OVERVIEW
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MERCHANDISING MIX
Shopping 49%
Entertainment18%
Dining 33%
National Tenant Salesper square foot: $456
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TRADE AREA STATISTICSPopulation: 148,406
Households: 64,397
Average HH Income: $52,213
BAREFOOT LANDING’SANNUAL VISITATIONTotal Visitors: 5.7 million
Visitors/SF: 22.3
A STRONG CUSTOMER BASE 43% of Barefoot Landing visitors have HH income >$75k
24% have HH income >$100k
Average tourist HH income: $83k
EXTENDED DWELL TIME
Average duration of visit: 122 minutes (ICSC average: 84 minutes)
Customers enter an average of 7 stores
GRAND STRAND TOURIST PROFILE
Total Annual Tourists: 18 million
Average HH income: $70,800
Percent of HH income less than 75k: 37%
STRONG CONVERSION RATES>70% of customers who enter stores make a purchase at the property
$76 average retail spend per customer, who makes a purchase
Percent of HH income less than 75k: 37%
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DEMOGRAPHICS
Burroughs & Chapin has announced a $25+ Million redevelopment of Barefoot Landing including re-imagined storefronts incorporating the design elements inspired by great coastal towns along the eastern seaboard and the development of a walkable restaurant district – to be known as Dockside Village – along the Intracoastal Waterway featuring outstanding culinary offerings, inviting common areas, waterfront dining and attractive architecture.
Barefoot Landing is proud to welcome the following new offerings in 2018:
Lucy Buffett’s LuLu’s Taco MundoBlueberry’s GrillCafé de ParisSavannah Bee Company
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DEVELOPER VISION
A NEW CHAPTER
LEASING MOMENTUM
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ON THE WATERWAY
PROPERTY SITE PLAN
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LeasingPATRICK WALSH
[email protected](843) 848-4455
LeasingJASON ROSENBERGER
[email protected](843) 848-4454
Specialty LeasingSHERRY LEONARD
[email protected](843) 913-9323
CONTACT
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ON THE WATERWAY