now leasing a 150000-square-foot outlet center

Transcription

now leasing a 150000-square-foot outlet center
A 1,000,000-SQUARE-FOOT RETAIL HUB
NOW LEASING A 150,000-SQUARE-FOOT OUTLET CENTER
Welcome to the Five-State Shopping Hub
Fed by four interstate highways, The Pinnacle in Bristol, Tennessee, is the established retail hub
for 1 million consumers. With direct access from I-81 (Exit 74-B), the Pinnacle site offers visibility
of nearly one mile.
With 700,000 square feet of retail space currently established or under construction, this 250-acre
development by Johnson Commercial Development is strategically located just over one mile from
the Virginia border.
Its gateway location has driven record sales for its retailers, and traffic grows with every grand
opening in this new retail hub that debuted in the fall of 2014 with the grand opening of the region’s
first Bass Pro Shops.
In addition to Bass Pro, the Pinnacle Development includes the region’s largest Belk (130,000 square
feet), its only Marshalls and the soon-to-open CARMAX. The new Pinnacle 12 by Marquee Cinemas
will open this fall—the largest and most modern cinema experience in the region.
Uniquely positioned in the center of the Southern Foothills, its service area is within 95 miles of five
states (TN, VA, WV, KY and NC).
The Pinnacle serves college student shoppers from 46 universities and colleges within its retail service
area—more than 176,000 students.
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Tanger Outlets
The Pinnacle Outlets
Retail Service Area
35
8m
ile
s
Leesburg Corner
Premium Outlets
40
es
mil
Tanger Outlets
92 m
108
iles
35
s
ile
1m
40
Asheville Outlets
STATE
Driving Distance to Each State
DISTANCE TO PINNACLE
Distance From
Interstate Highway
Virginia
1 mile
I-81frontage
Kentucky
64 miles
I-26
20 miles
North Carolina
45 miles
I-40
76 miles
West Virginia
94 miles
I-77
76 miles
Competitive Locator
REGIONAL OUTLET CENTERS FROM PINNACLE OUTLET
North
358 miles
Tanger Outlets, Washington, PA
South
92 miles
Asheville Outlets, Asheville, NC
East
351 miles
Leesburg Corner Premium Outlets, Leesburg, VA
West
108 miles
Tanger Outlets, Sevierville, TN
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In the Center of a Booming Economy
Located in the Tri-Cities, TN/VA DMA, The Pinnacle is at the center of a powerful economic boom.
Johnson City, Kingsport, and Bristol, TN/VA, are the boundaries of the market made strong
with a total market population of 600,000. More than 58,000 jobs are credited to the region’s
top 40 employers.
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Quick Glance at Our
Economic Engines
Nearby Eastman Chemical Company’s $1.5 billion
Project Inspire is adding more high-paying jobs as part
of its reinvestment in its Kingsport-based infrastructure
and a total workforce of 7,000.
Six hundred thousand race fans make Bristol, TN, a billiondollar boomtown, when they travel to NASCAR’s Bristol
Motor Speedway and Bristol Dragway for two NASCAR
Sprint Cup races, plus other events through the year.
The medical hub for the five-state region, Mountain
States Health Alliance, along with Wellmont Health
Systems, provides a healthcare powerhouse driving
more than 17,000 jobs.
Abingdon, VA-based K-VA-T Foods (Food City) recently
acquired 29 BI-LO supermarkets to increase employment
to more than 7,000.
Johnson City’s East Tennessee State University, Quillen
College of Medicine and Gatton School of Pharmacy
drive more than 5,000 high-paid professionals.
NN, Inc. has made Johnson City, TN, its corporate
headquarters. A recent acquisition of Precision Engineered
Products will swell this international parts power player
to increase employment in the region.
Top 10 Employers
Mountain States Health Alliance
The Pinnacle Development
Wellmont Health Systems
Citigroup
Eastman Chemical
VA Medical Center
K-VA-T Food Stores (Food City)
Advance Call Center Technologies
East Tennessee State University
American Water Heater
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Elevate Your
Experience
Setting new records as a super-regional retail hub began with the opening of The Pinnacle’s first
anchor, Bass Pro Shops, in August 2014. Since its opening, Bass Pro has welcomed more than 1
million consumers from every state in the U.S.
When the region’s largest Belk store opened on a rainy March morning, lines of shop-hungry
customers wrapped around the giant 130,000-square-foot structure. Grand openings of stores, large
and small, are proof of The Pinnacle Development’s position and an extraordinary retail diamond
in an untapped market.
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1
3
1 Opening in August 2014, Bass Pro Shops
became the first anchor retailer to establish
the development’s position as a super-regional
retail hub.
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2 The highest point of the Roan-Unaka Range
of the Southern Appalachian Mountains, Roan
Mountain State Park is a testament to the region’s
natural beauty.
3 Bristol Motor Speedway is the largest stadium
venue in Tennessee. The complex hosts more than
600,000 visitors each year.
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4 The Birthplace of Country Music Museum in
Bristol has hosted visitors from 50 states and 21
foreign countries in its first year.
5 Top brand name retailers have set grand opening
sales records at The Pinnacle.
6 The grand opening of The Pinnacle’s new Belk saw
consumers stand in the rain to be some of the first
to visit the region’s largest Belk.
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PIN
NA
CLE
PK
WY
SERVICE COURT
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4
5
2
3
SERVICE COURT
SERVICE COURT
SERVICE COURT
GROSS BUILDING AREA
BLDG #
AREA (GBA)
BLDG 01
16,284.00
BLDG 02
30,830.94
BLDG 03
23,764.39
BLDG 04
28,960.00
BLDG 05
US
RO
UT
E
11
N
INTERSTATE 81
48,717.57
148,556.90 sq ft
Date: 9/15/15
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Pinnacle Outlets
Site Plan
Bristol, Tennessee
Our NEW Pinnacle Outlets!
To be designed by noted outlet architect Charles Gillon,
the Pinnacle Outlets’ oval design will offer a distinctly
different retail experience. The promenade will include
a giant sky bridge across Pinnacle Parkway to drive
awareness and traffic. The bridge will include a recreation
of Bristol’s historic downtown sign that celebrates its
main street border between Tennessee and Virginia.
Lease space per store will range from 2,400 to 20,000
square feet.
Located at the southern edge of the development, Pinnacle Outlets will offer a one-mile sight line
to I-81 motorists and those near U.S. Highway 11. It will also border Pinnacle Lake, a two-acre
bio-centric lake stocked with a variety of native fish in front of Bass Pro Shops that includes
a scenic and tranquil walking trail.
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THE PINNACLE OUTLETS RETAIL SERVICE AREA
Southwest Virginia
Population: 94,174
Eastern Kentucky
Population: 150,050
Northeast Tennessee
Population: 540,266
Western North Carolina
Population: 349,586
Southern West Virginia
Population: 95,815
Now Leasing
For more information, contact Lisa Wagner or David Hinkle (312) 292-9585.
Lisa Wagner - [email protected]
David Hinkle - [email protected]
Marc Gurstel - [email protected]
Ron Simkin - [email protected]
WWW.PINNACLEOUTLETSTN.COM