SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL...

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SEGALL GROUP COMMERCIAL REAL ESTATE 202.833.3830 OFFICE 1600 Wilson Boulevard Suite 930 Arlington, VA 22209 segallgroup.com RETAIL ORIENTED SM Members of the International Council of Shopping Centers and Realty Resources. FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE 410.753.3000 OFFICE 605 South Eden Street Suite 200 Baltimore, MD 21231 segallgroup.com RETAIL ORIENTED SM Members of the International Council of Shopping Centers and Realty Resources. Jamie Lanham [email protected] 410.336.0138 CELL 410.753.3000 OFFICE RETAIL PROPERTY for lease Merritt Park Shopping Center MERRITT BOULEVARD & HOLABIRD AVENUE DUNDALK, MD 21222 OVERVIEW Merritt Park has again become the iconic community gathering place for shopping, medical needs, food and fun in the center of the Dundalk community. This iconic presence in Dundalk, since opening in 1960, sits at one of the highest combined trafc intersections on the peninsula. This newly remodeled shopping center boasts a great mix of new restaurants, cafes, retail and community services such as doctor’s ofces and the existing Baltimore county library branch that boasts more than 530,000 visits annually, second highest in Baltimore county. FEATURING AVAILABILITY Immediate SIZE 1,200 - 60,000 square feet RENTAL RATE Varies by size TRAFFIC COUNTS 15,220 AADT - Holabird Avenue 40,612 AADT - Merritt Boulevard PARKING 800+ spaces DEMOGRAPHICS AT A GLANCE 2016 DEMOGRAPHICS 1 MILE 3 MILE PENINSULA Population 20,794 79,440 74,059 No. Households 7,833 30,231 28,215 Average HH Income $59,041 $55,683 $57,714 Daytime Population 8,511 40,326 28,961 All information herein was obtained from sources deemed reliable. This information is subject to change. No warranty is made as to it’s accuracy. O P E N I N G S O O N ! NOW OPEN!

Transcript of SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL...

Page 1: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

Jamie [email protected] CELL

410.753.3000 OFFICE

R E T A I L P R O P E R T Y

for leaseMerritt Park Shopping CenterMERRITT BOULEVARD & HOLABIRD AVENUE

DUNDALK, MD 21222

OVERVIEWMerritt Park has again become the iconic community gathering place for shopping, medical needs, food and fun in the center of the Dundalk community. This iconic presence in Dundalk, since opening in 1960, sits at one of the highest combined traffi c intersections on the peninsula. This newly remodeled shopping center boasts a great mix of new restaurants, cafes, retail and community services such as doctor’s offi ces and the existing Baltimore county library branch that boasts more than 530,000 visits annually, second highest in Baltimore county.

FEATURING

AVAILABILITY Immediate

SIZE 1,200 - 60,000 square feet

RENTAL RATE Varies by size

TRAFFIC COUNTS 15,220 AADT - Holabird Avenue40,612 AADT - Merritt Boulevard

PARKING 800+ spaces

DEMOGRAPHICS AT A GLANCE2016 DEMOGRAPHICS 1 MILE 3 MILE PENINSULA

Population 20,794 79,440 74,059

No. Households 7,833 30,231 28,215

Average HH Income $59,041 $55,683 $57,714

Daytime Population 8,511 40,326 28,961All information herein was obtained from sources deemed reliable. This information is subject to change. No warranty is made as to it’s accuracy.

OPENING SOON!

NOW OPEN!

Page 2: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

R E T A I L P R O P E R T Y

for lease

Jamie [email protected] CELL

410.753.3000 OFFICE

REDEVELOPMENT Merritt Park Shopping Center • Dundalk, Maryland 21222

This iconic community gathering place for shopping and entertainment is in the midst of a transformation! Standing out from the myriad grocery-anchored strip centers on the Dundalk community peninsula is the renovated and reenergized Merritt Park.

Continuing its long standing heritage within the amazing fabric of the Dundalk community since opening in 1960, the remodel of this property celebrates 1960 retail architecture and embraces what made local retailers the backbone of American business – its strong ties to the local community they serve.

Merritt Park’s strengths will be the reason you will not only fi nd your customers

spending time and shopping at Merritt Park; it will be the reason you will want to locate your store here. Three principal reasons for locating your store at this iconic community-oriented property include:• The dominant, community-centric location • The new merchandising program built to celebrate the local shopper • The area is densely populated and our customer profi le is “starved” for a new retail shopping environment targeted to the Dundalk community.

ORIGINAL CONSTRUCTION: 1960MAJOR RENOVATION: 2014TOTAL GLA: 150,000PARKING SPACES: 800+AVAILABILITY: NOW

Page 3: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

R E T A I L P R O P E R T Y

for lease

Jamie [email protected] CELL

410.753.3000 OFFICE

CUSTOMER PROFILE Merritt Park Shopping Center • Dundalk, Maryland 21222

THE DUNDALK CUSTOMER - TAPESTRY PROFILE

70% of the customer base shares the following:

• Mortgages: In the three mile radius, almost 40% of the homeowners do not hold a fi rst or second mortgage on their home

• Family-oriented – living in their homes for long periods of time

• Financially conservative – prefer credit unions to banks• Few hold a mortgage and usually have a surprising net

worth for this income category• Net Worth of one mile radius = $243,565• Net worth of three mile radius = $225,240• 87% of the population drive to work withindrive times of

fi ve to 30 minutes• Many receive investment income• Shop at JC Penny, Wal-Mart, Target & Kohls• Prefer the local beach as a vacation spot• Prefer watching football, baseball and going to NASCAR

races• Cable TV customers who prefer to watch sitcoms• Attempt small home improvement projects on their own• Lawn and gardening are important• Bowling, fi shing and hunting are important recreation• Most have more than one (1) pet AN EASILY DEFINABLE AND MARKETABLE

CUSTOMER PROFILE FOR YOUR BUSINESS

Page 4: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

R E T A I L P R O P E R T Y

for lease

Jamie [email protected] CELL

410.753.3000 OFFICE

MERCHANDISING PLAN Merritt Park Shopping Center • Dundalk, Maryland 21222

University of MD/Choice OneUrgent Care

FS 000,02

FS 000,3

Over 500,000 annual visits

DentistLease Signed

3,000 SF

Allstate InsuranceNow Open

Advance Realty Open

Lease SignedOpen Summer 2017

Dundalk Pediatrics Now Open

Jalepeño’s MarketNow Open

La Belle Nails & SpaNow Open

Dollar TreeNow Open

Pet ValueNow Open

Save A LotIn Construction

Open Spring 201717,000 SF

Existing & OpenYMCA Headstart

Merritt SubsEverspring AsianCricket Wireless

Now Open

Available Pad Site

Fresenius MedicalNow Open

Greg’s Driving SchoolOpen Spring 2017

Vacant Space

Space E 2,640 SF VACANT

Space G-H 7,100 SF VACANT

Space K 1,800 SF VACANT

Space M-P 8,900 SF VACANT

Space Q 5,040 SF VACANT

Space S 6,570 SF VACANT

Page 5: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

R E T A I L P R O P E R T Y

for lease

Jamie [email protected] CELL

410.753.3000 OFFICE

AERIAL Merritt Park Shopping Center • Dundalk, Maryland 21222

15,220 AADT

13,801 AADT

40,6

12 A

AD

T

40,6

12 A

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MERRITT PAVILION

86,000 SF DEVELOPMENT ESTIMATED DELIVERY 2018

NORTH POINT LIBRARY

530,000 VISITORS ANNULALLY

COMMUNITY COLLEGE OF BALTIMORE COUNTY

DUNDALK4,685 ENROLLMENT

MERRITT PARK SHOPPING CENTER

150,000 GLA

Page 6: SG Merritt Park Shopping Center Brochure · Arlington, VA 22209 segallgroup.com • RETAIL ORIENTEDSM Members of the International Council of Shopping Centers and Realty Resources.

SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE

1600 Wilson BoulevardSuite 930Arlington, VA 22209

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE

605 South Eden StreetSuite 200Baltimore, MD 21231

s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM

Members of the International Council of Shopping Centers and Realty Resources.

R E T A I L P R O P E R T Y

for lease

Jamie [email protected] CELL

410.753.3000 OFFICE

AERIAL Merritt Park Shopping Center • Dundalk, Maryland 21222

1 MILE

Holabird Avenue

Holabird Avenue

Wise Avenue

Wise Avenue

Mer

ritt B

oule

vard

Mer

ritt B

oule

vard

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y of

MD/

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ne

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are

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r 500

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r Tre

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00 S

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less

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’s Dr

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®

COMMUNITY COLLEGE OF BALTIMORE

COUNTY DUNDALK4,685 ENROLLMENT

DUNDALK HIGH SCHOOL

GERMAN HILL SHOPPING CENTER

LYNCH MANOR

DUNDALK PLAZA

DANVILLE SQUARE

MERRITT POINT SHOPPING CENTER

MERRITT PAVILION86,000 SF DEVELOPMENTESTIMATED DELIVERY 2018

SITESITEMERRITT PARK

SHOPPING CENTER

150,000 GLA 13,801 AADT

13,801 AADT

40,612 AA

DT

40,612 AA

DT

24,5

42 A

AD

T

24,5

42 A

AD

T

15,220 AADT15,220 AADT