JLL_44759 Westgate Mall E

Success starts with
the right location.
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At a
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Trade
Area
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Aerial
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Site
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Lease
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Market
Profile
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Westgate Mall : Amarillo, Texas
At a Glance
Anchored by Bealls, Dillard’s Women’s and Dillard’s
Men’s/Home, JCPenney and Sears, along with over 100
specialty stores including, Express, Francesca’s Collections,
Gymboree, Hollister Co., Soma Intimates, Crazy 8, Flip Flop
Shops, White House│Black Market and Forever 21
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Westgate Mall is positioned in the fastest-growing retail and
residential segment of the city. The center is visited by over 5
million people per year and over 84,000 vehicles pass by the
center on a daily basis due to its vantage point on Interstate 40
At a
Glance
During 2014, the City of Amarillo permitted $530.3 million in
building projects, surpassing a previous record of $500.6
million in 2013. Additionally, permits valued at $177.5 million
were issued for non-residential new construction
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Trade
Area
Policom, an independent economic research firm, ranked
Amarillo #137 of the 366 Metropolitan Statistical Areas in the
US and #10 in Texas for economic growth and resilience
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Aerial
The City of Amarillo enjoys a wide array of businesses
including oil and gas production, agriculture, weapons
assembly and aircraft production. Amarillo also has an
extensive healthcare industry featuring some of the nation’s
finest healthcare facilities which serve the entire Texas
Panhandle as well as the four neighboring states
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W es t gat eM allT X . com | jllr et ail. c om
Westgate Mall : Amarillo, Texas
Trade Area
S ou rce : Esri Bu sine s s An a l y s t, 2 0 1 4 .
7701 West Interstate 40
Amarillo, TX 79121
tel 806 358 7221
fax 806 353 5424
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At a
Glance
WESTGATE
MALL
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Trade
Area
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Site
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TRADE AREA DEFINED
BY ZIP CODE
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Market
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Contact
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Westgate Mall is the only regional shopping center in the northern Texas Panhandle. The center draws from
an extensive secondary trade area that reaches into Colorado, Kansas, New Mexico and Oklahoma.
Westgate Mall’s closest competing regional mall is 125 miles away.
W es t gat eM allT X . com | jllr et ail. c om
Westgate Mall : Amarillo, Texas
Aerial View
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PROPERTY DATA
Opening Date
1982
Renovation Date
2007
Site
Parking
Levels
Total Stores
126 acres
5,100 spaces
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110
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Westgate Mall : Amarillo, Texas
Site Plan
INTERSTATE 40
FRONTAGE ROAD
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TARGET
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At a
Glance
DILLARD’S
WOMEN
SON
CY
ACC
SEARS
DILLARD’S
ESS
MEN
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BEST BUY
Trade
Area
BEALLS
RESIDENTIAL AREA
JCPENNEY
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RESIDENTIAL AREA
Aerial
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RETENTION AREA
CLICK TO SEE L AR GER IM AGE
N
Westgate Mall
7701 West Interstate 40, Suite 140
Amarillo, Texas 79121
Site
Plan
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3344 Peachtree Roa
Suite 1400
Atlanta, Georgia 3
Lease
4/1/1
Plan
Revision Da
Site Plan
ANCHORS (to ta l s f)
578,312
RENOVATION
2007
H O U S E H OLDS
95,881
MALL SHOPS ( to ta l s f)
304,518
SITE AREA
126 acres
T OTAL M AL L GL A
882,830
TOTAL STORES
P A R K I NG
5,100
110
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Westgate Mall : Amarillo, Texas
Lease Plan
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At a
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C L IC K T O S E E LA R G E R I M A G E
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Anchored by Bealls, Dillard’s
Women’s and Dillard’s
Men’s/Home, JCPenney
and Sears
W es t gat eM allT X . com | jllr et ail. c om
Westgate Mall : Amarillo, Texas
Market Profile
30 Miles
Texas
US
Population (2014)
254,762
26,538,203
316,296,988
5 Year Projected Population (2019)
266,788
28,568,331
327,981,317
4.7%
7.6%
3.7%
Population
Pop Growth Rate 2019 (%)
Current Year Households (2014)
95,881
9,416,482
119,862,927
5 Year Projected HH (2019)
100,591
10,147,839
124,446,535
HH Growth Rate 2019 (%)
4.9%
7.8%
3.8%
Average HH Size (2014)
2.56
2.76
2.57
106,848
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—
Business population
Median Age - 2014
34.7
34.2
37.7
Age: 0-4 Years
7.4%
7.4%
6.3%
Age: 5-9 Years
7.2%
7.4%
6.4%
Age: 10-14 Years
7.1%
7.3%
6.5%
Age: 15 - 19 Years
6.7%
7.0%
6.6%
Age: 20 - 24 Years
7.5%
7.6%
7.3%
Age: 25 to 34 Years
14.6%
14.5%
13.5%
Age: 35 - 44 Years
12.4%
13.3%
12.7%
Age: 45 - 54 Years
12.6%
12.9%
13.7%
Age: 55 - 64 Years
11.8%
11.1%
12.7%
Age: 65 - 74 Years
7.2%
6.9%
8.2%
Age: 75 - 84
4.0%
3.3%
4.2%
Age: 85 +
1.6%
1.3%
1.9%
27.8%
22.8%
21.3%
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Employment & Education - 2014
Age 25+ Some College/No Degree
Age 25+ Associate Degree
7.9%
6.5%
7.7%
Age 25+ Bachelor's Degree
15.6%
17.8%
18.0%
Age 25+ Graduate Degree
7.6%
8.9%
10.7%
Average HH Income
$65,742
$72,616
$72,809
Median HH Income
$48,674
$51,979
$52,076
Per Capita Income
$25,349
$26,092
$27,871
HH Income < $15,000
13.8%
13.2%
12.2%
HH Income $15,000-$24,999
11.8%
11.1%
7.8%
HH Income $25,000-$34,999
11.0%
10.4%
8.3%
HH Income $35,000-$49,999
14.3%
13.3%
13.1%
HH Income $50,000-$74,999
18.6%
17.6%
18.1%
HH Income $75,000-$99,999
12.0%
11.5%
14.2%
HH Income $100,000-$149,999
11.1%
13.0%
14.0%
HH Income $150,000-$199,999
4.0%
5.4%
6.4%
HH Income $200,000 +
3.4%
4.6%
5.9%
White Alone
77.9%
69.1%
72.4%
Black Alone
6.4%
12.0%
12.6%
American Indian Alone
0.8%
0.7%
0.9%
Asian Alone
3.0%
4.2%
4.8%
Pacific Islander Alone
0.1%
0.1%
0.2%
Some Other Race Alone
8.9%
11.0%
6.2%
Site
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Income - 2014
Lease
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Market
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Race & Ethnicity - 2014
Two or More Races
2.9%
2.9%
2.9%
Hispanic Origin (Any Race)
28.0%
39.1%
16.3%
W es t gat eM allT X . com | jllr et ail. c om
Westgate Mall : Amarillo, Texas
Contact Us
Success starts here. Let our leasing
professionals help you find the right
space for your next location.
Brian Giffin
Vice President, General Manager
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Westgate Mall
7701 West Interstate 40, Ste. 140
Amarillo, TX 79121
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tel 806 358 7221 • fax 806 353 5424
At a
Glance
[email protected]
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©2015 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.