<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="35.2615664" data-lng="-81.1265886" data-map-catchment-data-value="{&quot;lat&quot;:&quot;35.2615664&quot;,&quot;lng&quot;:&quot;-81.1265886&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:30600}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;Franklin Square, NY Hectares&quot;,&quot;description&quot;:&quot;Local area within 5 km radius, estimated at 288 hectares based on CDP land area&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;Nassau County, NY Hectares&quot;,&quot;description&quot;:&quot;Broader region within 20 km, approximately 74,000 hectares&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;30,600 People&quot;,&quot;description&quot;:&quot;Estimated population within primary 5-km radius, based on 2023 census data for Franklin Square CDP&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;0.1&quot;,&quot;description&quot;:&quot;Annual growth rate from 2010-2020 census, indicating stable population&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;40.7 Years&quot;,&quot;description&quot;:&quot;Median age of residents in primary catchment area from 2023 data&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons per household&quot;,&quot;description&quot;:&quot;Average household size estimated from Nassau County demographics&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of adults with bachelor&#39;s degree or higher, based on local census data&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$140,051 USD&quot;,&quot;description&quot;:&quot;Median annual household income in primary catchment area, 2023 data&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.2&quot;,&quot;description&quot;:&quot;Unemployment rate in Nassau County, 2023 estimate&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;148 Index&quot;,&quot;description&quot;:&quot;Cost of living index relative to US average (100), for Nassau County NY&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$4,800 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person, adjusted for high income area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$1,200 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on clothing and apparel, national average adjusted&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$3,500 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita grocery spending, adjusted for local cost of living&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$800 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita electronics spending, based on US averages&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for small neighborhood center, based on traffic count of 24,000 vehicles/day&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, typical for strip centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, estimated for retail centers&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;$8,500 USD per year&quot;,&quot;description&quot;:&quot;Annual sales productivity, estimated for suburban NY shopping center&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;20 Stores&quot;,&quot;description&quot;:&quot;Approximate number of tenants in similar small centers like Franklin Plaza&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of anchor like grocery or big box, common in neighborhood shops&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Competitors per 10 km&quot;,&quot;description&quot;:&quot;Number of similar shopping centers nearby in Nassau County&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Mix of retail categories including food, apparel, services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 Unique stores&quot;,&quot;description&quot;:&quot;Number of specialty or unique tenant concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,466 sqm&quot;,&quot;description&quot;:&quot;GLA based on similar property Franklin Plaza in Franklin Square&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Single-level strip center typical for suburban NY&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$250 USD per month&quot;,&quot;description&quot;:&quot;Estimated monthly rent, converted from sq ft rates in Nassau County&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;0.0&quot;,&quot;description&quot;:&quot;Fully leased as per local property reports&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Flexible terms for small retailers, common in neighborhood centers&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;0 Square feet&quot;,&quot;description&quot;:&quot;No current vacancies based on 100% occupancy&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Meters&quot;,&quot;description&quot;:&quot;Direct access to New Hyde Park Road, 0 meters&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Scale&quot;,&quot;description&quot;:&quot;Near LIRR stations and bus routes in Nassau County&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;200 Spaces&quot;,&quot;description&quot;:&quot;Approximate parking for 45,000 sq ft center&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Scale&quot;,&quot;description&quot;:&quot;Local foot traffic from residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Strong online retail competition in affluent area&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for in-store pickup services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;High-speed internet access in households, NY suburban average&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Estimated retail theft rate, lower than urban NY averages&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and patrols Measures&quot;,&quot;description&quot;:&quot;Standard security including cameras and on-site personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events per year&quot;,&quot;description&quot;:&quot;Annual events like sales and holidays&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Customer participation in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Digital displays for promotions in common areas&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Expected growth based on stable population and economy&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;3 Potential tenants&quot;,&quot;description&quot;:&quot;Prospects for new leases or refreshes&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansion planned for small center&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[],&quot;outside&quot;:[{&quot;id&quot;:5797,&quot;slug&quot;:&quot;concord-mills&quot;,&quot;name&quot;:&quot;Concord Mills&quot;,&quot;lat&quot;:&quot;35.3690086&quot;,&quot;lng&quot;:&quot;-80.7219706&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Concord Mills is a 1.36 million square foot super-regional outlet mall located in Concord, North Carolina, approximately 12 miles northeast of Uptown Charlotte. Owned 59.3% by Simon Property Group and 40.7% by KanAm, it opened in 1999 and completed a multi-phase redevelopment from 2016 to 2019, including interior modernizations, new signage, and enhanced amenities. The property features over 200 tenants, emphasizing value-oriented retail with anchors like Bass Pro Shops, Best Buy, Dick&#39;s Sporting Goods, and outlets such as Nike Clearance, Coach, H\u0026M, and Primark. Entertainment options include a 24-screen AMC/IMAX theater, SEA LIFE Aquarium, Dave \u0026 Buster&#39;s, and The Escape Game, complemented by a dining pavilion with 13 quick-service options and sit-down restaurants like BJ&#39;s Brewhouse and Bonefish Grill. Positioned as North Carolina&#39;s largest outlet and value retail destination, it benefits from strong accessibility via I-85 at Exit 49 and proximity to Charlotte Douglas International Airport (20 minutes) and Charlotte Motor Speedway (1 mile). The trade area encompasses the growing Charlotte metro (population ~2.8 million, median household income ~$70,000), with Cabarrus County seeing 9,990 population growth from 2020-2022 and projected to add 87,443 by 2040. Annual footfall exceeds 17 million visitors, driven by tourism and local draw. Leasing advantages include high occupancy at 99.2% (as of December 2025), base minimum rent of $41.24 per square foot for Mills properties, and robust sales performance in a Sunbelt market. However, retailers should note potential traffic congestion near the Speedway during events and competition from Charlotte&#39;s enclosed malls like SouthPark.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Concord&quot;},&quot;anchor_tenants&quot;:&quot;Bass Pro Shops, AMC Theatres, Dave \u0026 Buster&#39;s, Grand Prix, Ripley&#39;s Believe It or Not&quot;,&quot;distance&quot;:38.61,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;126571&quot;,&quot;anchor_tenants&quot;:&quot;Bass Pro Shops, AMC Theatres, Dave \u0026 Buster&#39;s, Grand Prix, Ripley&#39;s Believe It or Not&quot;}},{&quot;id&quot;:9229,&quot;slug&quot;:&quot;cleveland-plaza-1&quot;,&quot;name&quot;:&quot;Cleveland Plaza&quot;,&quot;lat&quot;:&quot;35.26939&quot;,&quot;lng&quot;:&quot;-81.48289&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Cleveland Plaza, located on East Dixon Boulevard in Shelby, North Carolina, functions as a community-oriented enclosed shopping center in Cleveland County. Spanning roughly 250,000 square feet of gross leasable area, it positions itself as the primary local retail destination for a trade area population of approximately 98,000 residents. The tenant mix emphasizes value-driven retail with anchors including Belk (department store), Marshalls (off-price apparel), Bealls (family apparel), and AMC Theatres (entertainment anchor), alongside mid-tier specialty stores such as Dunham\&quot;s Sports (athletic gear), Hibbett Sports, Maurices (women\&quot;s fashion), Claire\&quot;s (accessories), Kay Jewelers, Shoe Dept. Encore, and Bath \u0026 Body Works. Dining is limited but functional, featuring quick-service outlets like Chick-fil-A, Subway, and Jade Express. Accessibility is strong via US Highway 74, a major east-west corridor connecting to Charlotte (50 miles east), facilitating daily commuter and regional traffic. Market factors include a stable but modest economy tied to manufacturing and healthcare, with median household income of $45,000 and 15% poverty rate influencing preference for discount and essential retail. Occupancy hovers at 85-90%, supported by low turnover among anchors, while average NNN rents range $16-24 per square foot, competitive for secondary markets. Leasing advantages encompass proximity to Walmart Supercenter (drawing 2 million annual visits) for spillover traffic and opportunities for cross-promotions, though drawbacks involve aging infrastructure from 1970s construction, seasonal footfall dips, and competition from e-commerce giants like Amazon eroding non-essential sales. Operational quality is adequate with routine maintenance, but lacks modern amenities like upscale food halls found in larger centers. Overall, it offers balanced risk for retailers targeting budget-conscious demographics, with potential challenges from nearby Shelby Plaza\&quot;s big-box focus and broader retail saturation in the Charlotte MSA.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Shelby&quot;},&quot;anchor_tenants&quot;:&quot;Belk, Marshalls, Dunham&#39;s Sports&quot;,&quot;distance&quot;:32.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;37161&quot;,&quot;anchor_tenants&quot;:&quot;Belk, Marshalls, Dunham&#39;s Sports&quot;}},{&quot;id&quot;:9199,&quot;slug&quot;:&quot;olde-towne-village&quot;,&quot;name&quot;:&quot;Olde Towne Village&quot;,&quot;lat&quot;:&quot;35.116555&quot;,&quot;lng&quot;:&quot;-80.823402&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Olde Towne Village is a 67,465 square foot grocery-anchored neighborhood shopping center located at the intersection of Carmel Road and Quail Hollow Road in South Charlotte, North Carolina, zip code 28210. Situated in an affluent residential area adjacent to the upscale South Park district, it serves a trade area characterized by high-income households and strong population growth. The center is anchored by Harris Teeter supermarket occupying 36,100 square feet and CVS pharmacy at 10,125 square feet, with the remaining space featuring a mix of convenience and service-oriented tenants including restaurants such as Char-Bar 7, Hawthorne’s Pizza, and Lotus Cuisine; personal care services like Great Clips, Salon 42, and Elegant Nails; and other retailers like Starbucks, UPS Store, Frame Warehouse, Elite Cleaners, and Surroundings. As of recent data, the property maintains 100% occupancy, reflecting robust demand in the Charlotte retail market, which reported a vacancy rate of 2.8% in Q2 2025 and was ranked as the top-performing U.S. retail market by CoStar due to white-collar job growth and housing development. Daily traffic volumes of 24,000 vehicles on Carmel Road and 14,000 on Quail Hollow Road provide solid visibility and accessibility for drive-time shoppers in this car-dependent suburb. Leasing advantages include proximity to major employers and residential communities, with average household incomes exceeding $130,000 within a 5-mile radius supporting premium retail categories. However, potential challenges involve competition from nearby high-end destinations like South Park Mall and Phillips Place, which offer luxury tenant mixes and higher footfall, potentially drawing discretionary spending away from everyday needs-focused centers like Olde Towne Village. Market saturation in grocery-anchored formats across South Charlotte may limit expansion opportunities, and aging infrastructure in similar properties could pose maintenance risks, though this center appears well-maintained. Overall, it positions retailers for stable performance in essentials and services amid Charlotte&#39;s thriving economy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Charlotte&quot;},&quot;anchor_tenants&quot;:&quot;Harris Teeter, CVS&quot;,&quot;distance&quot;:31.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;12&quot;,&quot;gla_sqm&quot;:&quot;6002&quot;,&quot;anchor_tenants&quot;:&quot;Harris Teeter, CVS&quot;}},{&quot;id&quot;:8323,&quot;slug&quot;:&quot;charlotte-premium-outlets&quot;,&quot;name&quot;:&quot;Charlotte Premium Outlets&quot;,&quot;lat&quot;:&quot;35.167503&quot;,&quot;lng&quot;:&quot;-80.972099&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Charlotte Premium Outlets is a 399,000-square-foot open-air outlet center situated at 5404 New Fashion Way in southwest Charlotte, North Carolina, adjacent to the I-485 and I-77 interchange. Managed by Simon Property Group, it hosts over 100 stores providing discounts up to 65 percent from brands including Coach Outlet, Michael Kors Outlet, Nike Factory Store, Brooks Brothers Factory Store, Kay Jewelers Outlet, GAP Factory, and Saks OFF 5TH, focusing on apparel, accessories, footwear, and jewelry. The property draws from a trade area exceeding 8 million residents across North Carolina, with the Charlotte metropolitan area attracting 18 million visitors annually. Estimated annual footfall stands at 10 million, supported by 736,000 households in the primary zone with an average income of $103,000. Charlotte&#39;s retail market exhibits strength, with a 2.8 percent vacancy rate in Q2 2025 and average rents at $21 per square foot, reflecting low availability and steady absorption of 220,903 square feet. Leasing advantages encompass high visibility, direct highway access, and a format appealing to value-conscious consumers in a growing metro of 2.7 million. Drawbacks include dependence on seasonal traffic, competition from e-commerce and nearby centers like Concord Mills, and potential infrastructure strain from regional expansion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Charlotte&quot;},&quot;anchor_tenants&quot;:&quot;Nike Factory Store, Gap Factory Store, Old Navy, Coach, Michael Kors&quot;,&quot;distance&quot;:17.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;37068&quot;,&quot;anchor_tenants&quot;:&quot;Nike Factory Store, Gap Factory Store, Old Navy, Coach, Michael Kors&quot;}},{&quot;id&quot;:7729,&quot;slug&quot;:&quot;south-park-mall&quot;,&quot;name&quot;:&quot;South Park Mall&quot;,&quot;lat&quot;:&quot;35.150945&quot;,&quot;lng&quot;:&quot;-80.831569&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;South Park Mall, located in the affluent SouthPark neighborhood of Charlotte, North Carolina, spans approximately 1.8 million square feet and serves as the regions premier upscale shopping destination. Opened in 1970 and owned by Simon Property Group, it attracts around 14 million visitors annually, benefiting from its position as one of the top 25 performing malls in the United States according to retail research from sources like the International Council of Shopping Centers. The tenant mix emphasizes luxury and high-end retail, featuring anchors such as Nordstrom and Dillard&#39;s, alongside premium brands including Louis Vuitton, Gucci, Apple, and Tiffany \u0026 Co., complemented by diverse dining options like The Cheesecake Factory and Shake Shack. This curation supports strong sales per square foot, often exceeding national averages for similar properties. The surrounding SouthPark district, encompassing 2.5 million square feet of retail space, maintains an exceptionally low vacancy rate of 0.5 percent as of late 2025, compared to the citywide retail vacancy of 3.2 percent per Colliers International reports. Market position is bolstered by Charlotte&#39;s growing population and economy, with the metro area adding over 50,000 residents yearly, driving demand for premium retail experiences. Leasing advantages include high footfall from affluent locals and regional draw, with occupancy near 100 percent enabling stable revenue streams for tenants. However, challenges arise from the malls location five miles south of Uptown Charlotte, lacking direct interstate access, which may limit broader regional traffic compared to more highway-adjacent centers. Rent levels in the SouthPark submarket range from $25 to $40 per square foot annually for inline spaces, reflecting premium positioning but requiring strong brand alignment to justify costs. Operational quality is high, with recent investments in renovations enhancing appeal, though competition from nearby open-air centers like Phillips Place introduces risks of tenant poaching in luxury categories. Overall, the property offers robust performance metrics for retailers targeting high-income demographics, tempered by access and saturation considerations in Charlotte&#39;s evolving retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Charlotte&quot;},&quot;anchor_tenants&quot;:&quot;Belk, Dillard&#39;s, Macy&#39;s, Neiman Marcus, Nordstrom, Saks Fifth Avenue&quot;,&quot;distance&quot;:29.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;156865&quot;,&quot;anchor_tenants&quot;:&quot;Belk, Dillard&#39;s, Macy&#39;s, Neiman Marcus, Nordstrom, Saks Fifth Avenue&quot;}},{&quot;id&quot;:9331,&quot;slug&quot;:&quot;birkdale-village&quot;,&quot;name&quot;:&quot;Birkdale Village&quot;,&quot;lat&quot;:&quot;35.4466&quot;,&quot;lng&quot;:&quot;-80.8799&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Birkdale Village is a 52-acre open-air lifestyle center located in Huntersville, North Carolina, a rapidly growing suburb 15 miles north of Charlotte. Opened in 2001, it encompasses about 250,000 square feet of retail space integrated with 300 multifamily units, office areas, and townhomes, fostering a walkable mixed-use community. The center draws from an affluent demographic, with Huntersville&#39;s population at 67,087 and median household income over $100,000; the 5-mile trade area includes 150,000 residents with average incomes of $98,470 and high education levels (40%+ bachelor&#39;s degrees). Tenant mix features anchors like Dick&#39;s Sporting Goods and Barnes \u0026 Noble, alongside specialty retailers such as Apple, Lululemon, American Eagle, Kendra Scott, Bath \u0026 Body Works, and Francesca&#39;s, complemented by a robust dining scene emphasizing casual and fast-casual options. Occupancy hovers at 95%+, aligning with Charlotte&#39;s low 2.9% regional vacancy rate in 2025, supported by annual rents of $30-40 per square foot. Strong footfall stems from residential synergy, community events, and I-77 accessibility, positioning it as a premier destination in North Mecklenburg. A $200 million expansion, approved in 2025, adds a 125-room hotel, 150 apartments, 26,000 square feet of retail, and office space, enhancing activation but introducing short-term construction disruptions. Leasing benefits include consistent traffic from local and regional visitors, though challenges arise from competition with Northlake Mall and e-commerce pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Huntersville&quot;},&quot;anchor_tenants&quot;:&quot;Dick’s Sporting Goods, Regal Cinema, Barnes \u0026 Noble&quot;,&quot;distance&quot;:30.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;65&quot;,&quot;gla_sqm&quot;:&quot;23700&quot;,&quot;anchor_tenants&quot;:&quot;Dick’s Sporting Goods, Regal Cinema, Barnes \u0026 Noble&quot;}},{&quot;id&quot;:7385,&quot;slug&quot;:&quot;phillips-place&quot;,&quot;name&quot;:&quot;Phillips Place&quot;,&quot;lat&quot;:&quot;35.146616&quot;,&quot;lng&quot;:&quot;-80.827925&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Phillips Place is an open-air mixed-use retail center in Charlotte&#39;s affluent SouthPark neighborhood, totaling 134,000 square feet of retail space within a 35-acre development that includes 402 residential units and a 124-room hotel. This integration generates consistent footfall from residents and visitors. The tenant mix emphasizes upscale specialty retail and dining, featuring boutiques such as alice+olivia, Eileen Fisher, J.Crew, Jenni Kayne, Peter Millar, rag \u0026 bone, and Ralph Lauren, alongside eateries like Upstream and services including Modern Salon \u0026 Spa. As of 2025, occupancy is 95%, supported by Charlotte&#39;s strong retail market with citywide vacancy at 2.8% and SouthPark at 0.5%. Recent acquisition by Simon Property Group follows a $50 million renovation in 2020, improving aesthetics and functionality. Leasing advantages include high rents averaging $100 per square foot for new deals, historical sales of $330 per square foot, and pro forma net operating income of $6.4 million, bolstered by excellent accessibility via Fairview Road and proximity to upscale offices and homes. However, competition from the nearby SouthPark Mall, potential luxury market saturation, and economic vulnerabilities in affluent spending present challenges. Operational quality is high, but traffic congestion and aging regional infrastructure could impact performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Charlotte&quot;},&quot;anchor_tenants&quot;:&quot;RH Gallery, Ralph Lauren, J.Crew, alice+olivia, Peter Millar&quot;,&quot;distance&quot;:30.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;12449&quot;,&quot;anchor_tenants&quot;:&quot;RH Gallery, Ralph Lauren, J.Crew, alice+olivia, Peter Millar&quot;}}]}" data-map-update-url-value="/malls/the-shoppes-at-franklin-square-1" id="mall-map-wrapper"><div data-city="Gastonia" data-current-mall="true" data-id="the-shoppes-at-franklin-square-1" data-lat="35.2615664" data-lng="-81.1265886" data-map-target="mall" data-name="The Shoppes At Franklin Square" 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">Franklin Square, NY Hectares</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">Nassau County, NY Hectares</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30,600 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">0.1</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">$140,051 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">148 Index</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">$4,800 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$1,200 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$3,500 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$800 USD per 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">500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">$8,500 USD per 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">20 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">3 Competitors per 10 km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Scale</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">12,466 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">$250 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">0.0</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">Direct Meters</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Scale</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate Scale</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">High Scale</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</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">2.5</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and patrols Measures</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 per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">3 Potential tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>