<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="30.2472" data-lng="-81.541" data-map-catchment-data-value="{&quot;lat&quot;:&quot;30.2472&quot;,&quot;lng&quot;:&quot;-81.541&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:199742}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 miles&quot;,&quot;description&quot;:&quot;Primary trade area radius&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 miles&quot;,&quot;description&quot;:&quot;Secondary trade area radius&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;199,742 people&quot;,&quot;description&quot;:&quot;Population within primary 5-mile catchment area, 2025 estimate&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.7 %&quot;,&quot;description&quot;:&quot;Annual population growth rate in 5-mile catchment, based on 2017-2022 data&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;38 years&quot;,&quot;description&quot;:&quot;Median age in catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.3 people/household&quot;,&quot;description&quot;:&quot;Average household size in 5-mile catchment&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;40 percent&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in catchment area&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;83,048 USD&quot;,&quot;description&quot;:&quot;Median household income in 5-mile catchment, 2025 estimate&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.2 %&quot;,&quot;description&quot;:&quot;Unemployment rate in Jacksonville metro area, 2026&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;92 index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Jacksonville area&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;6,000 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in catchment area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;3,500 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on groceries per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;4,200,000 visitors/year&quot;,&quot;description&quot;:&quot;Annual visits to the mall, 2025 data&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;1.5 hours&quot;,&quot;description&quot;:&quot;Average dwell time per visit&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25 %&quot;,&quot;description&quot;:&quot;Estimated sales conversion rate from visitors&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;18,830 USD/sqm/year&quot;,&quot;description&quot;:&quot;Average sales per square meter annually, based on area performance&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;31 stores&quot;,&quot;description&quot;:&quot;Total number of tenants including retail and services&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes boolean&quot;,&quot;description&quot;:&quot;Presence of anchor tenants like Sprouts and Nordstrom Rack&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;High density due to adjacency to St. Johns Town Center&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Diverse mix of retail, dining, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes boolean&quot;,&quot;description&quot;:&quot;Presence of unique tenants like REI and specialty shops&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;23,610 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 levels&quot;,&quot;description&quot;:&quot;Number of retail levels, open-air format&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;22 USD/sqm/month&quot;,&quot;description&quot;:&quot;Average asking rent per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;3 %&quot;,&quot;description&quot;:&quot;Current vacancy rate as percentage of GLA&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium qualitative&quot;,&quot;description&quot;:&quot;Standard lease terms with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;708 sqm&quot;,&quot;description&quot;:&quot;Current available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.1 km&quot;,&quot;description&quot;:&quot;Distance to J. Turner Butler Boulevard interchange&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Moderate qualitative&quot;,&quot;description&quot;:&quot;Access via local buses in Jacksonville area&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,000 spaces&quot;,&quot;description&quot;:&quot;Number of parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;High pedestrian flow due to open-air design and adjacency&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;15 percent&quot;,&quot;description&quot;:&quot;Estimated share of retail shifted to e-commerce&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20 %&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect among tenants&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95 %&quot;,&quot;description&quot;:&quot;Internet access penetration in catchment area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 incidents/1,000 visitors&quot;,&quot;description&quot;:&quot;Estimated retail crime rate&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Standard qualitative&quot;,&quot;description&quot;:&quot;CCTV, security personnel, and patrols&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 events/year&quot;,&quot;description&quot;:&quot;Number of promotional events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30 percent&quot;,&quot;description&quot;:&quot;Penetration of loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes boolean&quot;,&quot;description&quot;:&quot;Presence of digital signage throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5 percent/year&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes boolean&quot;,&quot;description&quot;:&quot;Ongoing recruitment of new tenants including Sprouts&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:5702,&quot;slug&quot;:&quot;st-johns-town-center&quot;,&quot;name&quot;:&quot;St. Johns Town Center&quot;,&quot;lat&quot;:&quot;30.2568706&quot;,&quot;lng&quot;:&quot;-81.5253244&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;St. Johns Town Center is a 1.4 million square foot open-air super-regional lifestyle center in southeast Jacksonville, Florida, owned and managed by Simon Property Group. Opened in 2005, it has expanded significantly to over 175 retailers, restaurants, and entertainment options, establishing itself as the premier upscale shopping destination in Northeast Florida. The tenant mix features luxury and national brands including Tiffany \u0026 Co., Chanel, Louis Vuitton, Apple, lululemon, RH Gallery, Dillard&#39;s, Macy&#39;s, and Nordstrom, alongside dining venues like The Capital Grille and Yard House. It attracts affluent shoppers from the growing Jacksonville metro area, with strong performance driven by its resort-like ambiance, pedestrian-friendly design, and integration of residential and office components. Market position is robust, benefiting from Jacksonville&#39;s retail vacancy rate of 4.3% in Q1 2025, the lowest in Florida, and high tenant demand. Leasing advantages include prime visibility along major corridors, high footfall estimated at millions annually based on regional benchmarks, and flexible spaces from inline stores to outparcels. However, as an open-air property, it faces weather-related challenges in Florida&#39;s humid climate, and competition from emerging mixed-use developments could impact future growth. Accessibility via I-95 and local roads is good, but traffic congestion during peak hours poses risks. Overall, it offers solid sales potential for fashion, luxury, and experiential retail categories, with average rents around $30-40 per square foot reflecting its premium status.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;Simon Property Group&quot;,&quot;distance&quot;:1.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;175&quot;,&quot;gla_sqm&quot;:&quot;2&quot;,&quot;anchor_tenants&quot;:&quot;Simon Property Group&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:164,&quot;slug&quot;:&quot;the-avenues&quot;,&quot;name&quot;:&quot;The Avenues&quot;,&quot;lat&quot;:&quot;30.184439&quot;,&quot;lng&quot;:&quot;-81.554024&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The Avenues is a super-regional enclosed shopping mall located at 10300 Southside Boulevard in Jacksonville, Florida, which opened in 1990 and is owned and managed by Simon Property Group. The property encompasses approximately 1.12 million square feet of gross leasable area with over 140 tenants, including anchor stores such as Dillard&#39;s, JCPenney, and AMC Theatres. The tenant mix comprises a balanced selection of national apparel and footwear retailers like H\u0026M, American Eagle Outfitters, Buckle, Foot Locker, and Vans, complemented by specialty stores including Bath \u0026 Body Works and a variety of dining options such as Popeyes, Buffalo Wild Wings, and Miller&#39;s Ale House. In the context of Jacksonville&#39;s retail market, which reported a low vacancy rate of 4.6% in Q2 2025 amid population growth to 1.8 million residents, The Avenues maintains a solid market position as a value-oriented destination drawing middle-market shoppers. Annual footfall is estimated at around 6 million visitors, bolstered by excellent accessibility via Interstate 95 and surrounding arterial roads. Occupancy levels hover near 92%, reflecting stable operational quality, though average base rents range from $35 to $45 per square foot, competitive within the submarket. Leasing advantages include flexible inline spaces and potential outparcel developments, enhanced by the mall&#39;s central location in the expanding Southside area. However, challenges include competition from newer open-air lifestyle centers, an aging infrastructure dating back to the 1990s, and recent 2025 rezoning approvals for 266 residential units on 94.6 acres, indicating a shift toward mixed-use to counter retail saturation and e-commerce pressures. The demographic profile features a trade area with median household income of approximately $62,000, a diverse population including military families and young professionals, supporting steady traffic in categories like casual dining and mid-tier fashion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;Ikea, Vox Cinema, Cinescape, Kidzania, Carrefour&quot;,&quot;distance&quot;:7.09,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/164/f1505add1a502935ccd096b153c2a0ab(2).jpeg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;360000&quot;,&quot;anchor_tenants&quot;:&quot;Ikea, Vox Cinema, Cinescape, Kidzania, Carrefour&quot;}},{&quot;id&quot;:5703,&quot;slug&quot;:&quot;the-avenues-1&quot;,&quot;name&quot;:&quot;The Avenues&quot;,&quot;lat&quot;:&quot;30.184439&quot;,&quot;lng&quot;:&quot;-81.554024&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Avenues is a super-regional enclosed shopping mall located at 10300 Southside Boulevard in Jacksonville, Florida, which opened in 1990 and is owned and managed by Simon Property Group. The property encompasses approximately 1.12 million square feet of gross leasable area with over 140 tenants, including anchor stores such as Dillard&#39;s, JCPenney, and AMC Theatres. The tenant mix comprises a balanced selection of national apparel and footwear retailers like H\u0026M, American Eagle Outfitters, Buckle, Foot Locker, and Vans, complemented by specialty stores including Bath \u0026 Body Works and a variety of dining options such as Popeyes, Buffalo Wild Wings, and Miller&#39;s Ale House. In the context of Jacksonville&#39;s retail market, which reported a low vacancy rate of 4.6% in Q2 2025 amid population growth to 1.8 million residents, The Avenues maintains a solid market position as a value-oriented destination drawing middle-market shoppers. Annual footfall is estimated at around 6 million visitors, bolstered by excellent accessibility via Interstate 95 and surrounding arterial roads. Occupancy levels hover near 92%, reflecting stable operational quality, though average base rents range from $35 to $45 per square foot, competitive within the submarket. Leasing advantages include flexible inline spaces and potential outparcel developments, enhanced by the mall&#39;s central location in the expanding Southside area. However, challenges include competition from newer open-air lifestyle centers, an aging infrastructure dating back to the 1990s, and recent 2025 rezoning approvals for 266 residential units on 94.6 acres, indicating a shift toward mixed-use to counter retail saturation and e-commerce pressures. The demographic profile features a trade area with median household income of approximately $62,000, a diverse population including military families and young professionals, supporting steady traffic in categories like casual dining and mid-tier fashion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;Belk, Dillard&#39;s, JCPenney&quot;,&quot;distance&quot;:7.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;102193&quot;,&quot;anchor_tenants&quot;:&quot;Belk, Dillard&#39;s, JCPenney&quot;}},{&quot;id&quot;:6055,&quot;slug&quot;:&quot;regency-square&quot;,&quot;name&quot;:&quot;Regency Square&quot;,&quot;lat&quot;:&quot;30.3229204&quot;,&quot;lng&quot;:&quot;-81.5505726&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Regency Square is an enclosed regional mall located at 9501 Arlington Expressway in Jacksonville\&quot;s Arlington neighborhood, opened in 1967 with 1,390,000 square feet of gross leasable area on 74 acres. Historically one of the top-performing retail centers in the U.S. during the 1970s with sales per square foot exceeding national averages, it expanded significantly in the 1980s adding anchors and amenities. However, competition from newer developments like The Avenues Mall (1990), St. Johns Town Center (2005), and River City Marketplace (2006) eroded its market share starting in the 1990s. Crime incidents peaked in the mid-2000s, deterring shoppers and contributing to a reputational decline. Anchor departures accelerated the downturn: Belk closed in 2015, Sears in 2016, and JCPenney in 2020, leaving occupancy below 40% by 2014. By 2025, the mall was largely vacant with only a few inline tenants, leading to full closure of the interior on June 1, 2025, except for separately owned Dillard\&quot;s Clearance Center and Impact Church. In April 2025, Blackwater Development acquired the property for $19.1 million (excluding anchors) for redevelopment into The Nexus at Regency, a mixed-use project featuring multifamily housing, offices, national retail brands, restaurants, and 11 outparcels including a planned Raising Cane\&quot;s and gas station. This 5-10 year transformation aims to revitalize the site per the 2010 Greater Arlington Vision Plan, emphasizing density and connectivity. Current market position reflects challenges in Jacksonville\&quot;s retail sector, where overall vacancy is 4.6% as of Q2 2025 per Colliers, but older enclosed malls face saturation and e-commerce pressures. Tenant mix historically included department stores, apparel, and dining, but now limited to anchors; post-redevelopment leasing could offer opportunities for experiential retail and services targeting local demographics. Advantages include prime accessibility via Arlington Expressway and potential for repositioning in a growing metro area with 1.6 million residents, though risks involve construction disruptions and uncertain timelines. Footfall has declined sharply from peak years, with no recent metrics available due to closure, but redevelopment may restore traffic through mixed-use appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;Dillard&#39;s Clearance Center, JCPenney (vacant), former Sears, Belk, Montgomery Ward&quot;,&quot;distance&quot;:8.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Dillard&#39;s Clearance Center, JCPenney (vacant), former Sears, Belk, Montgomery Ward&quot;}},{&quot;id&quot;:6120,&quot;slug&quot;:&quot;regency-square-mall&quot;,&quot;name&quot;:&quot;Regency Square Mall&quot;,&quot;lat&quot;:&quot;30.3229204&quot;,&quot;lng&quot;:&quot;-81.5505726&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Regency Square Mall, located at 9501 Arlington Expressway in Jacksonville, Florida&#39;s Arlington neighborhood, opened in 1967 as an enclosed regional shopping center spanning approximately 1 million square feet on 74 acres. It was once a dominant retail destination with anchors including Belk, Dillard&#39;s, JCPenney, Sears, and Montgomery Ward, alongside over 100 inline stores, a food court, and an AMC theater. The property benefited from strong accessibility via Interstate 295, Atlantic Boulevard, and the Arlington Expressway, connecting to downtown Jacksonville, beaches, and Jacksonville International Airport within 15 minutes. However, over decades, it faced significant decline due to competition from newer developments like The Avenues Mall (1990), St. Johns Town Center (2005), and River City Marketplace (2006), compounded by the rise of e-commerce and population shifts southward. Occupancy plummeted from 74% in 2011 to below 38% by 2013, reaching near-vacancy by 2025 with only a handful of tenants remaining, including Dillard&#39;s Clearance Center and Impact Church as standalone anchors. The tenant mix had shifted to discount-oriented and service-based retailers, with final inline closures like Rogers Jewelers and Tokyo Sakura in May-June 2025. Owned by Namdar Realty Group since 2014, the mall accumulated $1.8 million in city code violation fines for issues like roof leaks, exposed wiring, and unsanitary conditions. In April 2025, Blackwater Development acquired it for $18.8 million, closing the interior in June 2025 and initiating redevelopment into The Nexus at Regency, a mixed-use project featuring multifamily housing, new retail, entertainment, and seven outparcels. This transition offers leasing potential in a revitalized format, leveraging the site&#39;s central location and 8-mile trade area demographics of middle-income families (median household income around $60,000, population over 200,000 with growing demand for 4,890 rental units by 2026). Challenges include construction disruptions, uncertain timelines, aging infrastructure remnants, and intense regional competition, but the redevelopment could enhance footfall through integrated residential and experiential retail. Rent levels in the pre-closure phase were competitively low, estimated at $15-25 per square foot for inline spaces, with future terms likely varying by outparcel or new builds. Operational quality had deteriorated, marked by maintenance issues and reduced security, impacting past performance metrics like low footfall estimated below 1 million annual visitors in later years compared to peaks over 10 million.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;JCPenney (open); Sears, Dillard&#39;s, Belk, Montgomery Ward (vacant)&quot;,&quot;distance&quot;:8.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;129135&quot;,&quot;anchor_tenants&quot;:&quot;JCPenney (open); Sears, Dillard&#39;s, Belk, Montgomery Ward (vacant)&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:7820,&quot;slug&quot;:&quot;jacksonville-international-airport&quot;,&quot;name&quot;:&quot;Jacksonville International Airport&quot;,&quot;lat&quot;:&quot;30.4943308&quot;,&quot;lng&quot;:&quot;-81.6871497&quot;,&quot;property_type&quot;:&quot;Transport Hub&quot;,&quot;description&quot;:&quot;Jacksonville International Airport (JAX) serves as the primary commercial airport for Northeast Florida, handling over 7.6 million passengers in 2024, marking a record and positioning it as the second fastest-growing U.S. airport by passenger traffic growth. Located 13 miles north of downtown Jacksonville, it features two main terminals with retail and dining concessions spread across pre-security and post-security areas. The tenant mix emphasizes a blend of national chains and local Jacksonville-themed outlets, including recent additions like Southern Grounds Coffee House and Angie&#39;s Subs, with upcoming expansions in the new Concourse B opening by late 2026. This expansion will introduce quick-service restaurants such as Chick-fil-A, Panda Express, V Pizza, and Willie Jewell&#39;s Bar-B-Q, alongside retail shops like Beaches @ Jax, Postcards from Jacksonville, Seven Bridges Marketplace, and Five Points General Store, focusing on local souvenirs, apparel, and convenience items. Occupancy remains high due to steady passenger growth driven by leisure travel to beaches, business from the ports and military bases, and improved air service. Leasing advantages include access to a captive audience with dwell times averaging 1-2 hours, percentage rent structures tied to sales, and 15-year lease terms for stability. However, market saturation in food and beverage categories and competition from nearby urban retail could impact performance. Accessibility via I-95 and airport shuttles supports footfall, but aging infrastructure in existing concourses poses maintenance risks. Overall, JAX offers solid potential for retailers targeting travelers, with projected passenger increases supporting revenue, though economic fluctuations in tourism may affect spending levels.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jacksonville&quot;},&quot;anchor_tenants&quot;:&quot;Starbucks,PGA Tour Grill,BurgerFi&quot;,&quot;distance&quot;:30.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Starbucks,PGA Tour Grill,BurgerFi&quot;}}]}" data-map-update-url-value="/malls/the-markets-at-town-center" id="mall-map-wrapper"><div data-city="Jacksonville" data-current-mall="true" data-id="the-markets-at-town-center" data-lat="30.2472" data-lng="-81.541" data-map-target="mall" data-name="The Markets At Town Center" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 miles</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 miles</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">199,742 people</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.7 %</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">83,048 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.2 %</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">92 index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">6,000 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">3,500 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,200,000 visitors/year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">1.5 hours</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25 %</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">18,830 USD/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">31 stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">23,610 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1 levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">22 USD/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">3 %</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">0.1 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Moderate qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,000 spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">15 percent</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20 %</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95 %</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2 incidents/1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Standard qualitative</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12 events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30 percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 percent/year</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes boolean</div><div class="stat-label">New tenant pipeline</div></div></div></div></div></div></div></template></turbo-stream>