BUENA PARK DOWNTOWN 8308-8450 On The Mall, Buena Park, California 90620 EXPERIENCE RETAIL SHOPPING DINING ENTERTAINMENT Travis Dunn Senior Vice President License #01390592 +1 949.627.9128 tdunn@svn.com Stephen Lee License #01778129 +1 949.538.2055 shlee@svn.com Andrew Miley License #02009204 +1 949.538.2389 andrew.miley@svn.com
TOURISM & CITY INFO A total of 3.7 million visitors came to Buena Park in 2016. Buena Park visitor volume and spending expanded by 1.8% & 3.9% respectively, in 2016. On average, visitor spending growth has out-paced the County since 2012. NEARBY LODGING Since 2012, direct visitor spending in Buena Park has expanded at an average annual rate of 7.9%, compared with 5.2% for Orange County overall. In cumulative terms, visitor spending is 35.6% higher in 2016 than it was in 2012 in Buena Park, compared with 22.3% for the County and 14.2% for the state. STRENGTH OF TOURISM AND HOSPITALITY DEMOGRAPHICS 2016 BUENA PARK POPULATION 2016 2,359 HOSPITALITY - BUENA PARK HOUSEHOLDS AVG HOUSEHOLD INCOME TOTAL BUSINESSES (5mi) 24,804 $84,027 23,686 85,726 TOTAL POPULATION 83,662 AVG DAYTIME POPULATION 3.7M VISITORS 30.8% RESIDENTS WITH BACHELOR S DEGREE OR HIGHER 36.0 AVERAGE AGE Visitors to Buena Park spent $256M in 2016 which accounted for 79% of the total $324M. CURRENT BUENA PARK HOTEL INVENTORY AVAILABLE 575 YEAR 17/18 ADDITIONAL HOTEL DEVELOPMENT (ROOMS) $60,000,000+ TOTAL ANNUAL HOTEL REVENUE (2016) BUENA PARK DOWNTOWN 2
PLANTER OPEN TO BELOW OPEN TO BELOW E 1,533 SF S2540 Reflexology Joy SITE PLAN 434 CHILI S 6,664 P1 SF P0001 OLIVE GARDEN 7,700 SF P0002 PORTILLO S HOT PORTILLO'S DOGS HOT 5,482 DOGS SF P0003 719 617 M2010 25,000 SF T2070-3,122 SF S2080-1,804 SF T207A 1,131 SF BUBBLE SCREEN S2090-3,159 SF Pacific Sunwear Watchland M2100 18,341 SF TK17E 150 SF ABURI SUSHI S2170 2,992 SF Master Cuts S2160 1,000 SF Claires Acess. S2150 853 781 SF CHICKEN CAFE S2130 660 SF T2120 954 SF BRANDON&CO Fragrance Center Cell Planet S2190-969 SF HR BLOCK T2200-1,100 SF T2200 1,100 SF T2230 1,164 SF S2180 6,469 SF Buffalo Wild Wings S2210 / S2220 2,760 SF / 999 SF Vans S2240 1,125 SF Things Remembered S2250 1,125 SF M2270 30,000 SF Surf City Squueze. S0K02 200SF S2300-1,509 SF Milano Shoes T2310-1,596 SF 2320 6,297 SF 2.C S233B 633 SF T-MOBILE S2330 500 SF AUNTIE ANNE S M2370 29,895 SF P00E2 Wedding Design Ctr T2820 5,000 SF The Scrubb Shoppe S2800-2,022 SF S2790 1,205 SF 2780 1,697 SF Viva Portrait Studio T2770-2,000 SF Win Lose or Draw Sportswear S2750-3,711 SF Dollar Book Fair T2740-5,000 SF AAHS - T2730-4,869 SF Footlooker S2720-2,897 SF S2710 1,294 SF Bath & Body Works S2700 2,508 SF T2690 2,190 SF S2680-1,636 SF Kool Nails S2670-1,344 SF Lovely One 2660-1,340 SF S00K5 192 SF Daniel s Jewlers S2550 1,592 SF General Nutrition Ctr S2560-1,545 SF S250U 930 SF T2510 956 SF My Gym S2520 3,317 SF 380 SF 390SF T2490-4,267 SF The District T2480-3,812 SF Bonita Bridal Too - T2470-2,838 SF T2460-4,079 SF Bonita Bridal T2450-4,128 SF Fancy S2440-3,600 SF Payless S2430-4,036 SF 2.C Plus SUGAR PLUM 19,983 SF T2400 (Lower Level) ( Lower Level) T2400 (2 LEVELS) BIG AIR TRAMPOLINE 29,939 SF S9024 (Upper Level) T2420 OMI 396 SF S00C8 5,927 SF Kickin Crab S00A4-A6-4,915 SF S00C7-1,562 SF S00C6-1,569 SF T00C5-900 SF S00A3-1,448 SF T00C4-900 SF S00C3-900 SF S00A2-1,230 SF El Gallo De Oro S00C2-900 SF S00A1 2,082 SF Dickey s BBQ Pit COLDSTONE CREAMERY Berry Sweet S0C1B - 1,269 SF S00K5 S0C1A 2,137 SF T2640 7,182 SF REM Sleep Solutions S00K1 2620 1,371 SF S261A 2,794 SF S2570-1,640 SF S2580-5,116 SF Geeky Mama s T260A - 535 SF POLICE SUB STATION T260B 1,283 SF S00B1 FRECKLED FROG 9,713 SF LEARNING CENTER Howie s Game Shack T90B2 800 SF The Candy Shop S00D1 - Asia Buffet 8,487 SF M2500 35,938 SF POOE3 971 1194 1.5 million movie goers per year ME001 88,150 BUENA PARK DOWNTOWN 3 3
PROPERTY HIGHLIGHTS Overview Buena Park Downtown consists of an enclosed regional mall and an open air entertainment center with a total of 925,327 square feet. The mall portion is anchored by Bed Bath & Beyond, Ross Dress for Less, DSW Shoe Warehouse, TJ Maxx, 24 Hour Fitness Sport, John s Incredible Pizza, Walmart (separately owned) and Sears (separately owned) while the Park Central Entertainment Center is anchored by an 18-screen Krikorian Metroplex Theatre, Howie s Game Shack, several strong restaurants and the highly anticipated Grange Hall 39, an artisanal culinary collection. The center is part of the Entertainment corridor which consists of Knott s Berry Farm, Soak City, Medieval Times and Pirate Dinner with over 15 million annual visitors. The center currently stands at 91% occupied with several new tenants under construction and planned for Q1 of 2018 store openings. 2016 Trade Area Demographics show average household income of $84,027 within Buena Park and an estimated population of 85,726 people. The daytime population is 83,662. Traffic counts along Beach Blvd and La Palma Avenue average 61,000 cars per day, La Palma and Stanton Avenue average 25,000 cars per day and Dale Avenue and La Palma Avenue averages 16,000 cars per day. Tenants Entertainment The top 4 entertainment tenants combined see over 3.2 million visits per year while this category saw sales numbers of over $23,000,000 in 2016. Restaurants/Specialty Food Users Restaurants and specialty food users within the project average $600.00/sf with ranges from $400 - $1200/sf. This category totals over $30,000,000 in sales in 2016 with several restaurants and specialty food tenants reporting the highest producing stores in their chain. Krikorian Theatres currently an 18 screen theatre welcoming over 1.5 million visitors per year will be undergoing a remodel to upgrade their theatres to luxury seating with the potential addition of an IMAX and full service menu/drink service within the theatre. Future Grange Hall 39 an artisan culinary collection located next to Krikorian Theatre. This mix of unique and one-of-a-kind food vendors in a food-hall setting is projected to open in Fall, 2018. Creative Office approximately 10,000 square feet of space located across from the Krikorian Theatre. This concept welcomes high end creative office tenants such as architects, designers, and other professionals who desire shared office space with all of the amenities. Boutique Hall - A concept that can be found throughout the streets of major European cities, a boutique hall featuring a group of up to 23 emerging fashion designers. These tenants will be hand selected on a seasonal basis to showcase their new lines and upcoming products. BUENA PARK DOWNTOWN 4
TRADE AREA OVERVIEW ORANGETHORPE AVE KNOTT BEACH BLVD - 58,204 VPD LA PALMA AVE - 33,575 VPD SUBJECT CRESCENT AVE BUENA PARK DOWNTOWN 5
PROPERTY PHOTOS BUENA PARK DOWNTOWN 6
EXPERIENCE RETAIL Travis Dunn Senior Vice President License #01390592 +1 949 627 9128 tdunn@svn.com Stephen Lee License #01778129 +1 949 538 2055 shlee@svn.com Andrew Miley License #02009204 +1 949 538 2389 andrew.miley@svn.com Although information has been obtained from sources deemed reliable, Owner, SVN Vanguard, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained he express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement.