Leasing Overview - Poag Shopping Centers

Carriage Crossing
Carriage Crossing is a
pedestrian-friendly
shopping destination
featuring premier national
retailers, unique local
merchants and specialty
Opening Fall 2015
restaurants. Stroll the treelined walkways and enjoy soft music, sparkling
fountains, bronze statues and lush landscaping while
shopping for the latest trends at over 60 select retailers
and 10 dining options.
Carriage Crossing is located in Collierville, Tennessee,
at Houston Levee Road and Highway 385, with easy
access for residents in West Tennessee, Northwest
Mississippi and West Arkansas. The ambiance,
convenient location, front-door parking and impressive
tenant selection has earned Carriage Crossing the title
of Best Shopping Center from 2009-2014 by readers
of the Memphis Commercial Appeal and The Memphis Flyer.
Location
Demographics
Collierville, Tennessee is strategically located in the Southeast corner
of Shelby County and is considered the premier location for business, lifestyle
and access in the Memphis MSA and Mid-South region. With an emerging
population closing in on 50,000, Collierville is one of the fastest growing
suburbs in the Memphis area, providing access to award winning schools,
safe neighborhoods with escalating home values and a low cost of living.
Nestled at the crossroads of highways I-269 / US Hwy 72 / SR-385,
Collierville’s prime location allows business an international gateway for
product export and import, with overnight connections to 152 key US markets.
Collierville is a rapidly growing community and has grown 47.6%
since 2000
• Average Household Income inside Collierville city limits is $141,463
• Average Home Value is $415,307
• 51.8% of residents have Bachelor's Degrees or higher
(source Town of Collierville)
Local Business Community, includes:
(within a 5-mile radius of Carriage Crossing)
•
•
•
•
•
FedEx World Headquarters
FedEx Technology Campus
Carrier Corporation
MCR Safety
Mercedes-Benz
•
•
•
•
•
Baptist Memorial Hospital
Helena Chemical
NSA Juice Plus
IPS Corporation
Pepsi Americas
Population
Households (HHs)
HHs with Income of $100,000+
Average Household Income
Average Home Value
3-mile
Radius
5-mile
Radius
10-mile
Radius
7,540
3,756
$130,168
$449,841
28,034
13,511
$130,762
$415,494
112,028
35,012
$96,693
$307,845
Shopper Intercept
Study
The trade area served by Carriage Crossing is a large
portion of the eastern Memphis suburbs, extending out
from Shelby County into Fayette County and southward
into Marshall County, Mississippi. It extends 20 miles
north and south, and 15 miles east and west (to the I-240
beltway) and includes 18 zip codes.
TIPTON
KEY
Site
Trade Area Zips
79
14
51
70
SHELBY
Memphis is North America’s distribution headquarters:
• Busiest cargo airport in the world
• Access to five class-one railroads
• Third largest trucking corridor in the U.S.
• The fourth largest national inland port
Survey Results
There are currently 563,512 persons living in 208,012
households in Carriage Crossing’s trade area, a large base
in comparison to a more typical, 250,000-300,000
person trade area.
40
269
38002
FAYETTE
3
38135
The Memphis area offers professional sports,
symphony, opera, great museums, world-class
zoo, Beale Street, the Mississippi River and
Elvis Presley’s Graceland.
St. Jude Children’s Research Hospital,a Nobel
Prize-winning institution with a staff of over
1,200 scientists, is based in Memphis.
Mike Rose Soccer Complex, located
approximately 2-miles to the west of Carriage
Crossing, operates 16 lighted playing fields
and a 2,500 seat stadium.
• An average of 8.3 visits had been made to Carriage
Crossing in the three months prior to this survey being
conducted, which is higher than ICSC averages of
2.9 trips a month.
38060
38134
38016
38018
72
M mphis
Mem
• Shoppers surveyed have an enviable demographic
profile: They are young (average of 40.9 years),
affluent (an average household income of $103,400),
are predominantly female (71%) and are likely to have
children at home (45%). The most frequent visitors
to the Center have even higher household incomes,
averaging $110,100.
64
38133
133
40
240
38120
38
0
193
38028
8
57
38066
38017
7
38119
38115
15
61
3812
1 5
38118
385
38141
72
69
55
38654
3
8 54
38611
78
3
38661
DE
ESSOTO
N
0
2.5
miles
MARSHALL
CARRIAGE CROSSING TRADE AREA (80%)
5
Tenant Mix
Aeropostale
American Eagle
Ann Taylor
at&t
Banana Republic
bareMinerals
Barnes & Noble
Bath & Body Works
Bed, Bath & Beyond
Berry Berry Good Yogurt
Bonefish Grill
Buckle
Build-A-Bear Workshop
Cacique
Carrabba’s Italian Grill
Charming Charlie
Chico’s
The Children's Place
Christopher & Banks
Claire’s
College Station
CrepeMaker
Dillard’s
Express
Finish Line
Firebirds Grill
Francesca’s Collections
Gap
Gapkids/Babygap
GNC
Great American Cookie
Gymboree
H&M
I.O. Metro
Jared The Galleria of Jewelry
Jos. A. Bank
Journeys
Justice
Kathy’s Nail Salon
Kay Jewelers
Lane Bryant
LOFT
Macy’s
Massage Envy
Milano’s Pizza
New York & Co.
Portrait Innovations
REEDS Jewelers
Regis Salon
Sephora
Soma
STIX
Sunglass Hut
Talbots
Therapy Boutique
Things Remembered
TORRID
Victoria’s Secret
White House | Black Market
Yankee Candle
Zales
Courtyard Marriott
Coming Soon
Hickory Tavern
OFF Broadway
Carriage Crossing
4674 Merchants Park Circle | Collierville, TN 38017
Managed and leased by Poag Shopping Centers, LLC