river valley mall fact sheet

RIVER VALLEY MALL
FACT SHEET
Opened:
1987
Regional Access:
US 33 East from I-70 or I-270
Anchors:
Elder-Beerman, JC Penney, Sears, Regal Cinemas
Major Retailers:
American Eagle Outfitters, Body Central,
Christopher & Banks, PacSun
GLA (with anchors):
569,461
GLA (small shop only):
260,584
Parking Spaces:
2,875
Acres:
52
RIVER VALLEY MALL
THE MARKET
Fairfield County forms the southeastern portion of the Greater Columbus area. The
growth of Columbus suburbs into northwestern portion of the county has been a major
cause of county population growth between 1990 and today. Lancaster, with a
population of over 42,000 is Fairfield County's seat and largest city. It is the second
fastest growing medium-sized city in Ohio. Pickerington, in the northwestern part of
the county, is the fastest growing city in the state. Overall, Fairfield County is the third
fastest growing county in Ohio, and nearly 82,000 people are expected to move into the
county by 2030. Currently, approximately 29% of the county has an average
household income of $75,000 or more.
Much of the county's industrial and office development is along US Route 33. The
county's economic base is supported by one of the area's larger concentrations of
manufacturing. Recently, the area has attracted over $100 million in new investment
and created or retained over 5000 jobs.
Lancaster was recently featured in the book The 100 Best Small Arts Town in America,
due both to an active fine arts community and to the annual Lancaster Festival, 12 days
of classical and contemporary music, jazz, dance and art exhibits drawing musicians
and artists from Ohio and around the world each summer.
The city is also home to a branch of Ohio University.
Largest Employers (ranked by employment)
Employer
Fairfield Medical Center
Anchor Hocking Glass Co.
Lancaster City Schools
Diamond Power Specialty Co.
Ralston Foods
Cyril-Scott Co.
Number of Employees
1,750
1,400
781
400
385
300
Source: Lancaster-Fairfield County Chamber of Commerce and the Fairfield County
Department of Economic Development (2007); MapInfo
RIVER VALLEY MALL
MARKET EDUCATION STATISTICS
Educational Attainment (2008 estimate) in the River Valley Mall Trade Area
(% of population age 25 and older; MapInfo projections)
High School Diploma or Equivalent
Some College
Associate Degree
Bachelor’s Degree
Master’s Degree
Doctorate Degree
Professional Degree
40.2%
19.8%
6.5%
12.6%
4.0%
0.4%
1.1%
Colleges and Universities Within the Trade Area
Ohio University - Lancaster: 1,700 students
Hocking College: 5,681 students
Ohio University - Chillicothe: 2,000 students
RIVER VALLEY MALL
ANCHOR OPPORTUNITY
Lancaster, Ohio
www.rivervalleymall.com
UNIQUE OPPORTUNITY
River Valley Mall, the premier shopping center in Lancaster, Ohio and the
dominant shopping destination in the seat of Fairfield County offers a
unique opportunity to lease an outstanding 80,000 square foot location.
This anchor features ample parking, flexible terms, immediate availability,
and a great site near Ohio University - Lancaster, the scenic Hocking Valley,
Anchor Hocking and Ralston Foods.
CITY VIEW MAP
TRADE AREA DEMOGRAPHICS
RADIUS
POPULATION
HOUSEHOLD
AVG. HOUSEHOLD INCOME
10 MILES
81,805
31,664
$75,118
20 MILES
405,540
164,310
$72,895
30 MILES
1,195,459
512,364
$67,594
2013 Projection | Source: MapInfo
STATISTICS
MAJOR STORES – Elder-Beerman, JC Penney, Regal Cinema, Sears
GROSS LEASEABLE AREA – 569,461 Square Feet
NUMBER OF STORES – 80
PARKING – 2,875 spaces
ACREAGE - 52
For more information , please contact Tim Kaylor - (740) 653- 0269 - [email protected]
SITE
PROPERTY DESCRIPTION
River Valley Mall is the only enclosed regional mall within a 20-mile radius of Lancaster, a steadily growing commuter town near Columbus, Ohio.
This property has become the town center, establishing strong brand loyalty with an impressive mix of retailers including Aéropostale, American
Eagle Outfitters, C.J. Banks, Christopher & Banks, Gymboree, Old Navy, and Victoria’s Secret. The mall is anchored by Elder-Beerman, JCPenney, Sears,
and Regal Cinema. Once considered very rural, Lancaster is quickly becoming part of the Columbus greater metropolitan area. New housing starts are
abundant and are projected to increase, outpacing national trends for household and population growth.
TRADE /MARKET AREA
TRADE AREA MAP
Fairfield County forms the southeastern portion of the Greater
Columbus area. Over the past 15 years, population in this county has
grown by nearly one-third, primarily due to the growth of Columbus
suburbs. According to the U.S. Census Bureau, Fairfield County is the
third fastest-growing county in the state. It also has the second
fastest-growing medium- to large-sized city (Lancaster) and the
fastest-growing city (Pickerington), located just 20 miles northwest of
Lancaster. Growth is projected for population, households, and
average household income through 2010. Lancaster, the county seat,
boasts 1,500 acres of new industrial real estate and a revitalized downtown, which have poised it for tremendous economic prosperity.
River Valley Mall
Trade Area Radius: 20 Miles
BUILDING DETAILS – SUITE 001 – RIVER VALLEY MALL
AREA OF STATE:
CENTRAL
STATE:
OHIO
COUNTY:
FAIRFIELD
SPECIFIC LOCATION:
NORTHWEST LANCASTER
BUILDING TYPE:
BRICK AND STEEL
AVAILABLE SQUARE FEET:
80,000
AVAILABLE MAXIMUM CEILING HEIGHT:
18’ TO DECK
AVAILABLE NUMBER OF TRUCK DOCKS:
2
SPRINKLER SYSTEM:
PREVIOUSLY INSTALLED FOR
AS-IS ACCEPTANCE
UTILITIES AVAILABLE:
TRASH PICKUP, SEWER,
GAS, WATER, ELECTRIC,
DATA
FIBER AVAILABLE:
AT&T FIBER SERVICE
AVAILABLE TO BUILDING
INTERSTATE ACCESS:
IMMEDIATELY ADJACENT TO
ROUTE 33 – 16,500
VEHICLES PER DAY
NEAREST MAJOR COMMERCIAL AIRPORT:
31 MILES TO PORT
COLUMBUS AIRPORT
(COLUMBUS, OH)
River Valley Mall
10, 20 and 30 Mile Radii