The Promenade at Chenal Leasing Brochure.cdr - Red ...

T H E P R O M E N A D E A T C H E N A LLOCATION: Little Rock, Arkansas• Chenal Parkway and Rahling RoadGLA: 306,000 sq. ft.ANCHORS: Dickinson IMAX – Chenal 9 TheatresRETAILERS: Anthropologie • Apple • Bravo! Cucina Italiana • Charming Charlie • Children’s Place • Coldwater CreekDSW • Francesca’s • J.Crew • Justice • LOFT • lululemon • Maggie Moo’s • Nike • White House | Black MarketYaYa’s • Euro Bistro• The Promenade at Chenal is a lifestyle destination shopping center located in West Little Rock, Arkansas, offering aone-of-a-kind shopping experience unmatched in the market.• With a large mix of national, regional and local retailers and restaurants, and attractive amenities and entertainment, thecenter attracts visitors from all corners of the state and beyond. The center is home to Arkansas’ only IMAX theatershowing first-run feature films and the state’s first and only Apple store.• The Promenade at Chenal is located in Chenal Valley, the largest master-planned community in Arkansas comprised of 33neighborhoods, 4,600 homes at build-out, two championship golf courses and 800 acres of commercial property.Home prices range from $250,000 to $2 million.• Within two miles of the center, the additions of a new St. Vincent’s Healthcare campus and Southwest Power Pool, a regionalengineering firm, are expected to double daytime traffic in the next year to more than 100,000.A COMMERCIAL REAL ESTATE COMPANY

The Promenade at ChenalRAHLING RDRAHLING RDCHENAL PKWYCHENAL PKWYDEMOGRAPHICS3 mile 5 miles 10 miles2018 Population 37,215 73,451 242,7472013 Population 34,962 70,299 233,043Projected Growth 6.44% 4.48% 4.16%Daytime Population 9,137 45,632 185,786Bachelor’s Degree + 57.43% 51.32% 37.19%# of Households 14,388 30,284 97,668Incomes $75,000 + 50.34% 42.22% 31.68%Avg HH Income $112,701 $94,393 $72,789Med HH Income $75,585 $64,753 $49,398Housing Value $258,987 $202,886 $162,245Own Occ Units 9,765 19,093 59,005Source: 2012 Claritas Inc. All rights reservedVEHICLE TRAFFIC COUNTSChenal Parkway 30,000 ADT (2011)Rahling Road 12,600 ADT (2010)North

M A R K E TI N F O R M A T I O NTop 10 Major EmployersEmployer# of EmployeesState of Arkansas 23,000Federal Government 12,000University of Arkansas for Medical Sciences 8,500Pulaski County Public Schools 7,400Baptist Health 6,160Little Rock Air Force Base 4,500Axciom 4,380Central Arkansas Veterans Healthcare 3,500Arkansas Children’s Hospital 2,830Arkansas Blue Cross Blue Shield 2,740EducationPublic School District# of StudentsLittle Rock School District 26,800Pulaski County Special School District 17,690Colleges/Universities# of StudentsUniversity of Arkansas at Little Rock 13,170University of Arkansas for Medical Sciences 2,700Class A Office ConcentrationOffice ParkSquare FootageUSAble (formerly Nuvell) 150,077Axciom 99,750Bank of the Ozarks 90,000Euronet Worldwide 64,392GMAC 60,000Tourism/Major HotelsHotel# of RoomsThe Peabody Hotel 416Crowne Plaza 255Embassy Suites 251Hampton Inn & Suites 160Extended Stay America 120La Quinta Inn 108The Capital Hotel 94Area EventsEvent# of AttendeesArkansas State Fair Annual Fair 400,000Riverfest Outdoor Music Festival 260,000Susan G. Komen Race for the Cure Run/Walk 3K 40,000Entertainment and Cultural Venues/Sports/ConventionsVenue# of AttendeesWilliam Jefferson Clinton Presidential Library 300,000Verizon Arena 300,000Little Rock Zoo 280,000The Museum of Discovery 175,000Little Rock Statehouse Convention Center 131,597Robinson Center 103,448The Rep Theater 70,000+Heifer International Global Village 32,900McArthur Museum 26,000Arkansas Inland Maritime Museum 20,000Market HighlightsThe Little Rock metropolitan area is located at the junction of I-30and I-40, the nation’s most heavily traveled interstate. More thanone million people live within a one-hour drive of Little Rock.The Little Rock region is the home to numerous leading national andmulti-national business/organization headquarters, includingAcxiom, Dillard’s, Heifer International, Southwest Power Pool andthe William J. Clinton Foundation.The metropolitan area enjoys a strong economy with a buyingincome of $13.4 million and annual retail sales of $11.37 billion.Little Rock has the lowest sales tax rate in the area, beating Tulsa,Memphis and Birmingham.Little Rock is also an attractive tourist destination – 5.58 millionpeople visit the Little Rock area annually, generating $1.6 billioninto the local economy.More than 66,200 students attend colleges and universitiesincluding the University of Arkansas, University of Central Arkansasand Arkansas State University.Little Rock has received numerous accolades and rankings,including:• A top city in The Best Places to Retire by Forbes.com, 2013• No. 5 in the nation for Education by Education Week, 2013• No. 5 on America’s Best Places to visit, live, work, play andexplore by Livability, 2012• The nation’s 6th Best Mid-Size City for Jobs byForbes.com, 2011• America’s 6th Happiest City by Gallup, 2011• America’s 7th Best Value City by Kiplinger, 2011• No. 8 market with the Greatest Gain in Real Estate Valuesby Zillow/Inman News, 2011• No. 10 Best City for Recent College Graduates by The DailyBeast, 2011West Little Rock’s residents are affluent and educated. Within athree-mile radius of the center, the average household income ismore than $112,000 and nearly 60% of the population holds abachelor’s degree or higher.