Tulare-Outlet-Center-Brochure 2015

Tulare, CA | the heart of the Greater Fresno/Bakersfield marketplace
Facts &
Fundamentals
The more than 226,000
square foot project
is ideally located off
Highway 99 and Prosperity
Avenue, a well-traveled
route in the Central
Valley of California
between the Fresno
and Bakersfield regions.
Featuring a robust collection of more than
50 leading designer and favorite brand names,
including Banana Republic Factory Store,
Coach Outlet, Gap Outlet, Forever 21, LOFT
Outlet, Levi’s Outlet Store, Tommy Hilfiger and
Nike Factory Store, Tulare Outlets has proudly
served the Fresno/Bakersfield region since its
grand opening 1995 along with its subsequent
2003 and 2005 expansions. The more than
226,000 square foot project is ideally located
off Highway 99 and Prosperity Avenue, a welltraveled route in the Central Valley of California
between the Fresno and Bakersfield regions.
Ownership: Garrison Investment Group
management: The Woodmont Company
Leasing: FFO Real Estate Advisors
Marketing: Strategy+Style Marketing Group
TULARE OUTLETS • T U L A R E , C A
| 2
Opportunity
Overview
Strategically located in the
Currently home to more than 50
heart of the Greater Fresno/
leading brand names such as Coach
Bakersfield marketplace,
Tulare Outlets is a 226,413
and Nike Factory Store, among many
more, Tulare Outlets also features
square foot outlet shopping
popular Galaxy Theatre which draws
center. Following the grand
substantial entertainment traffic
opening of Phase one in 1995,
into the center on an annual basis.
a second phase was completed
3|
Outlet, Forever 21, Levi’s Outlet Store
What’s more, the City of Tulare serves
as a main route to popular tourist
in 2003, followed by a third
sites, Sequoia National Forest and
expansion in 2005.
Yosemite National Park.
TULARE OUTLETS • T U L A R E , C A
YOSEMITE
NATIONAL PARK
MODESTO
5
395
SAN JOSE
5
101
395
101
198
5
65
101
43
395
58
MONTEREY
FRESNO
99
MILES
60
MILES
43
58
101
395
101
395
99
198
SEQUOIA
NATIONAL FOREST
65
43
99 99
5 5 101101
58
198198
5
99
101
395
198
65
395395
BAKERSFIELD
65
90
MILES
5
10
MILES
585 30
198
43
58
198
43
65
198
99
65
395
99
65
395
101
58
101
395
5 58 101
5
43
5
198
99
65
198
43
65
58
43
395
101
5
99
198
65
SIERRA
NATIONAL FOREST
99
99
43
65
99
43 43
58 58
5
198
58
99
101
395
198
65
65
43
43
58
58
SANTA BARBARA
LOS ANGELES
TULARE OUTLETS • T U L A R E , C A
| 4
RE
TU
FU
D 010Y 'S
TILL
7468
E
9 1'-3
ER
"
0 Y H ILFIG
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M
TO
4920
AL
E 005OPOS T
A ER
4000
Tenant
Community
7 1'-3"
44 '
24'-9"
75'
91'-10"
E040
LANE BRYANT
5760
32'-7"
E020
CALVIN KLEIN
6367
63'-11"
E030
ZUMIEZ
2880
31'-7"
E025
AVAILABLE
2272
89'-9"
E050
TOYS R US
2880
E070
VOLCOM OUTLET
2542
6'-1" 26'-2"
6 9'-4"
TU
RF
3 4'-7"
1 5'-5"
1
A 010 EV ER 2
FOR
7343
F
T UR
FUTURE
E090
PETSENSE
4307
32'
2 4'-9"
E110
EDDIE BAUER
6500
47'-1"
E080
AVAILABLE
1890
72'-3"
E120
M-FASIS
4200
90'
46'-9"
E060
BANANA REPUBLIC
7845
5 6'-9"
7 '-8"
38 '
82'
S
5
A RM
A 01A
VO F
BR
3073
.
REST
3 2'-1"
FUTURE
103'
79'-11"
4 8'-3"
FUTURE
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3160
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FUTURE
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4 6'-1"
FUTURE
92'
72'
FUTURE
FUTURE
72'
92'
Aéropostale
Auntie Anne’s® Hand-Rolled Soft Pretzels
Banana Republic Factory Store
More than
50 outlet
CALIFORNIA
STATE FREEWAY
Baskin99
Robbins
stores and entertainment
Bath & Body Works
destinations thrive at
Bravo Farms Restaurant & Cheese Shoppe
Tulare Outlets including:
Calvin Klein
Carter’s
Claire’s
Coach Outlet
Daniel’s Jewelers
5|
TULARE OUTLETS • T U L A R E , C A
4L
ES
S
49
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16
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2503
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27 H
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D 05F0T OUTL
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T UR
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72
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0'
10
240'-9"
'
98
128'-7"
34'-6"
C020
PACIFIC SUNWEAR
4229
48'
C030
OSHKOSH B'GOSH
3825
C040
47'-6"
4500
29'-9"
C045
DANIELS JEWELRY
2300
47'-9"
C050
VANS
3500
31'-10"
C060
ECKO
3000
C070
BASKIN ROBBINS
2100
C075
SKECHERS
3000
C080
NIKE
13000
GALAXY THEATER
40000
31'-10"
'
96
35'-4"
T
10 U
C 0 AP O
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10
T
LE
329'-10"
dressbarn
Lane Bryant Outlet
Petsense Outlet
Toy-R-Us Express
Eddie Bauer Outlet
Levi’s Outlet Store
Rack Room Shoes
Van Heusen
Express
Lids
Rocky Mountain Chocolate Factory
Vans Outlet
Famous Footwear Outlet
LOFT Outlet
rue21
Vitamin World
Forever 21
maurices
Skechers
Volcom Outlet
Galaxy Theatre
M-Fasis Outlet
Styles for Less
Wilsons Leather
Gap Outlet
Nike Factory Store
Subway
Zales Outlet The Diamond Store
Gymboree Outlet
O’Neill
Sunglass Hut Outlet
Zumiez
Journeys
OshKosh B’gosh
Tilly’s
And more...
Justice
PacSun
Togo’s
Kitchen Collection
The Perfume Shop
Tommy Hilfiger
TULARE OUTLETS • T U L A R E , C A
| 6
Location &
Demographics
5
MADERA
101
395
99
198
65
KINGS CANYON
NATIONAL PARK
43
58
FRESNO
5
5
99
101
198
395
99
101
198
395
65
65
5
101
395
5
101
395
198
5
558
101
65
99
43198
43
101
395
395
99
198
65
58
65
5
5
43
99
43
101
58 395
198
5
395
65
5
43
198
5
101
65
395
5
45
MILES
43
58
101
5
101
395
5
58
43
5
43 395
198
58
65
99
43
198
565
43
58
SEQUOIA
NATIONAL FOREST
43
99
58
99
101
395
198
BAKERSFIELD
65
43
58
Demographics
7|
TULARE OUTLETS • T U L A R E , C A
19
6
58
5 65101
99
43
65
99
101
395
198
198
395
58
58
43
99
58
43
198
65
198
SEQUOIA
NATIONAL PARK
198
99
MILES
395
43
65
101 30 99
5
58
99
101
395
395
43
99
65
198
101
65
60
MILES
99
10 58
MILES
58
99
101
10 Mile
30 Mile
60 Mile
Population
298,845
730,111
2,988,987
Average
HH Income
$62,671
$59,892
$62,550
fFRESNO
5
101
395
99
198
5
101
395
99
g
BAKERSFIELD
198
65
65
43
43
58
58
Tulare Outlets boasts a central and convenient location set
directly off of Highway 99 at Prosperity Avenue with highly
visible monument signage effectively attracting the nearly
three million people residing within 60 miles of the project.
The city of Tulare is approximately 45 minutes south of
Fresno and 60 miles north of Bakersfield.
Average Daily Traffic:
Highway 99: 69,890 vehicles per day
Prosperity Avenue: 34,500 vehicles per day
TULARE OUTLETS • T U L A R E , C A
| 8
Tourism
Considered the U.S. gateway
to both the Sequoia National
Forest and Yosemite National Park,
Tulare enjoys significant group
and independent tour traffic
which greatly contributes to
Tulare Outlet’s long-standing
growth and success.
9|
TULARE OUTLETS • T U L A R E , C A
Also known regionally as a leading agriculture
cradle and home to the annual World Ag Expo,
the city of Tulare enjoys significant tourism
influx serving as a main artery between the
cities of Fresno and Bakersfield.
TULARE OUTLETS • T U L A R E , C A
| 10
FULL-PRICE
OUTLET
Competition
11 |
CENTER
DISTANCE
SF
# OF STORES
OWNED/MANAGED
KEY TENANTS
Outlets at Tejon
100 Miles
320,000
70
The Rockefeller Group
Polo Ralph Lauren Factory Store,
Coach Outlet, Michael Kors,
H&M, Nike Factory Store
Gilroy
Premium Outlets
165 Miles
578,000
145
Simon Property Group
Saks Fifth Avenue OFF 5TH,
Polo Ralph Lauren Factory Store,
Michael Kors, Nike Factory
Store, Under Armour®
Visalia Mall
7 Miles
220,000
75
GGP
Macy’s, JCPenney, Old Navy,
Forever 21, Victoria’s Secret
Fashion Fair Mall
47 Miles
956,000
140
Macerich
Macy’s, JCPenney, Forever 21,
Gap, Victoria’s Secret
The Mall at
Sierra Vista
47 Miles
400,000
50
Rouse Properties
Dillard’s, Sears, Best Buy,
Famous Footwear,
Victoria’s Secret
Fig Garden Village
Shopping Center
50 Miles
300,000
60
Donahue Schriber
Banana Republic, Coach,
Chico’s, J.Crew,
Williams-Sonoma
The Shops at
River Park
52 Miles
450,000
80
Lance-Kashian
& Company
Target, Kohl’s, Best Buy,
buybuy Baby, Ashely Furniture
Valley Plaza Mall
67 Miles
1,100,000
140
GGP
Macy’s, JCPenney, Sears,
Target, Forever 21
TULARE OUTLETS • T U L A R E , C A
GILROY PREMIUM OUTLETS
5
101
395
99
198
THE SHOPS AT RIVERPARK
65
43
FIG GARDEN58VILLAGE SHOPPING CENTER
5
101
395
5
101
395
99
198
65
99
43
198
5
58
65
THE MALL AT SIERRA VISTA
FASHION FAIR MALL
99
101
198
395
65VISALIA MALL
43
58
5
101
395
5
101
395
99
43
101
58
5
198
198
395
65
99
99
65
43
198
43
58
58
65
43
5
58
101
395
99
198
65
5
101
395
99
43
5
58
198
65
43
58
5
99
101
395
99
101
395
198
198
65
43
65
VALLEY PLAZA
MALL
58
43
58
5
101
395
99
198
5
99
101
5
99
101
198
395
395
19865
65
OUTLETS AT TEJON
65 43
43
43 58
58
58
TULARE OUTLETS • T U L A R E , C A
| 12
Tulare
Outlets
Team
Garrison Investment Group is an asset based investor with more than 60 years of experience in shopping
center acquisitions, development, leasing and asset management. Headquartered in New York City, Garrison
owns a total of 40 shopping centers comprising 8.7 million square feet of leasable space in regional malls,
lifestyle centers and neighborhood community shopping centers across 15 states. For more information,
please visit www.garrisonretail.com.
Established in 1980, The Woodmont Company is a full-service commercial real estate company based in
Fort Worth, Texas, providing asset management, property management, property marketing, construction
management, landlord representation, retailer representation, investment sales and receivership services.
The company currently operates a nationwide retail portfolio exceeding 16 million square feet consisting
of enclosed regional malls, outlet centers and open-air shopping centers located in 16 states. For more
information, please visit the company’s website at www.woodmont.com.
FFO Real Estate Advisors is a full-service real estate leasing and development advisory firm based in Baltimore,
Maryland. The company partners with developers and owners to provide project-based support in all facets of
the development process, from site selection and leasing through to project completion and asset management.
With more than 65 years of experience among the company’s principals, FFO Real Estate Advisors bring together
the talents and versatile experience of four former Prime Retail leasing executives with a proven track record of
leasing production and project development success. For more information, visit www.fforealty.com.
Strategy +Style Marketing Group is a full service marketing and advertising group bringing more than 25 years
of domestic and international experience to traditional retailers, fashion houses, outlet centers and shopping
center developers. The firm specializes in strategy, advertising, public relations, interactive media and tourism
marketing, working with clients to set and achieve business milestones, always focusing on increasing market
share in a creative, innovative way. For more information please visit www.strategyplusstyle.com.
13 |
TULARE OUTLETS • T U L A R E , C A
LE ASING INFOR M ATION
PHONE: 410.779.1285
LAURENCE OSTER • FFO Real Estate Advisors
email: [email protected]
JOHN VITULLO • FFO Real Estate Advisors
email: [email protected]
Tulare Outlets 1407 Retherford Street, Tulare, CA 93274 | TulareOutletCenter.com | 559-684-9091