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...

9
O N T H E W A T E R W A Y

Upload: others

Post on 04-Sep-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

ON THE WATERWAY

Page 2: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

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

2

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

3

Page 3: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

S O U T HC A R O L I N A North Myrtle Beach, SC

4

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

6

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%

123456789

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

Page 4: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

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

6

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

7

Page 5: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

MERCHANDISING MIX

Shopping 49%

Entertainment18%

Dining 33%

National Tenant Salesper square foot: $456

8 8 9

Page 6: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

10

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%

11

DEMOGRAPHICS

Page 7: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

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

12

DEVELOPER VISION

A NEW CHAPTER

LEASING MOMENTUM

12 13

Page 8: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

14

ON THE WATERWAY

PROPERTY SITE PLAN

12

LeasingPATRICK WALSH

[email protected](843) 848-4455

LeasingJASON ROSENBERGER

[email protected](843) 848-4454

Specialty LeasingSHERRY LEONARD

[email protected](843) 913-9323

CONTACT

15

Page 9: 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 4 Championship Golf Courses 126 slip marina accommodating boats from 18’-130’

ON THE WATERWAY