Allen edmonds freeport village powerpoint

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Allen edmonds freeport village powerpoint

  1. 1. FREEPORT VILLAGEFREEPORT VILLAGE OUTLET CENTEROUTLET CENTER FREEPORT, MAINEFREEPORT, MAINE
  2. 2. FREEPORT VILLAGE OUTLETFREEPORT VILLAGE OUTLET VIEW OF OVERALL PROJECTVIEW OF OVERALL PROJECT
  3. 3. FREEPORT VILLAGE STATIONFREEPORT VILLAGE STATION  NEW CENTER DEVELOPED BY LL BEANNEW CENTER DEVELOPED BY LL BEAN  LOCATED IN THE CENTER OF TOWNLOCATED IN THE CENTER OF TOWN  ONE MAJOR LEVEL OF RETAIL WITH TWO LEVELS OF COVERED PARKING DECKONE MAJOR LEVEL OF RETAIL WITH TWO LEVELS OF COVERED PARKING DECK  CENTER OPENED IN MAY 2009CENTER OPENED IN MAY 2009  FRONTS MAIN STREET,HAS THREE MAJOR ENTRIESFRONTS MAIN STREET,HAS THREE MAJOR ENTRIES  PRIMARY TENANTS INCLUDE :PRIMARY TENANTS INCLUDE :  BROOKS BROTHERS 9000 FT. 3.7BROOKS BROTHERS 9000 FT. 3.7  LL BEAN OUTLET 13,000 FT. 7.9LL BEAN OUTLET 13,000 FT. 7.9  NIKE 8164 FT 3.5NIKE 8164 FT 3.5  COACH 3860 4.8COACH 3860 4.8  VAN HEUSEN 4000 FT. 1.8VAN HEUSEN 4000 FT. 1.8  BASS 5994 FT 1.6BASS 5994 FT 1.6  IZOD 3012 FT. 750,000IZOD 3012 FT. 750,000  CALVIN KLEIN 6000 FT. 1.9CALVIN KLEIN 6000 FT. 1.9  FAMOUS FOOTWEAR 5587 FT. 2.4FAMOUS FOOTWEAR 5587 FT. 2.4  ADJACENT TO THE FOLLOWING RETAILERSADJACENT TO THE FOLLOWING RETAILERS  POLOPOLO  NINE WESTNINE WEST  HARTMANNHARTMANN  COLE HAANCOLE HAAN  NAUTICANAUTICA
  4. 4. EXISTING STOREEXISTING STORE  LEASE EXPIRES APRIL 30,2011LEASE EXPIRES APRIL 30,2011  SIZE: 963 SQUARE FEETSIZE: 963 SQUARE FEET  PROJECTED 2010 SALES: $651,000PROJECTED 2010 SALES: $651,000  SALES PER SQ.FT. $676SALES PER SQ.FT. $676  CURRENT TOTAL YEARLY OCCUPANCY COSTS: $42,384 (6.5%CURRENT TOTAL YEARLY OCCUPANCY COSTS: $42,384 (6.5% OF SALES)OF SALES)  LONG STANDING RELATIONSHIP WITH LANDLORDLONG STANDING RELATIONSHIP WITH LANDLORD  CONSISTANT SALES PERFORMANCECONSISTANT SALES PERFORMANCE  COULD RENEW AT A SLIGHT INCREASE IN RENTCOULD RENEW AT A SLIGHT INCREASE IN RENT CHALLENGE:CHALLENGE:  NO OPPORTUNITY TO EXPAND CURRENT LOCATIONNO OPPORTUNITY TO EXPAND CURRENT LOCATION  LIMITED OPPORTUNITY TO INCREASE STORE PERFORMANCELIMITED OPPORTUNITY TO INCREASE STORE PERFORMANCE  COSTLY TO CONVERT TO NEW MERCHANDISING CONCEPTCOSTLY TO CONVERT TO NEW MERCHANDISING CONCEPT
  5. 5. PHOTOS OF EXISTING STOREPHOTOS OF EXISTING STORE
  6. 6. L.O.D. OF STOREL.O.D. OF STORE
  7. 7. ALLEN EDMONDS PROPOSEDALLEN EDMONDS PROPOSED LOCATIONLOCATION
  8. 8. LANDLORD WORKLANDLORD WORK  LANDLORD TO DELIVER ALLENLANDLORD TO DELIVER ALLEN EDMONDS WHITE BOXEDMONDS WHITE BOX  LANDLORD TO BUILD MEZZANINELANDLORD TO BUILD MEZZANINE  LANDLORD TO CONTRIBUTELANDLORD TO CONTRIBUTE $30.00PSF ($33,390)TOWARDS TENANT$30.00PSF ($33,390)TOWARDS TENANT BUILDOUTBUILDOUT
  9. 9. FREEPORT VILLAGEFREEPORT VILLAGE STATION OUTLETSTATION OUTLET  SIZE: 1413 SQ.FT. (1113 SQ.FT. RETAILSIZE: 1413 SQ.FT. (1113 SQ.FT. RETAIL WITH 300 SQ.FT.MEZZANINE)WITH 300 SQ.FT.MEZZANINE)  20FT FRONT BY 54’ DEEP20FT FRONT BY 54’ DEEP  10 YEAR TERM WITH K.O.END OF10 YEAR TERM WITH K.O.END OF YEAR 5 @ $625,000 LL @ $507,000YEAR 5 @ $625,000 LL @ $507,000  1(ONE) FIVE YEAR OPTION1(ONE) FIVE YEAR OPTION  ESTIMATED TOTAL OCCUPANCYESTIMATED TOTAL OCCUPANCY YEAR ONE: $52.25PSF $58,154YEAR ONE: $52.25PSF $58,154
  10. 10. PROJECTED OCCUPANCYPROJECTED OCCUPANCY COSTS 10 YEARSCOSTS 10 YEARS
  11. 11. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT 10 YEAR LEASE10 YEAR LEASE
  12. 12. PROJECTED OCCUPANCYPROJECTED OCCUPANCY COSTS LIFE OF LEASECOSTS LIFE OF LEASE
  13. 13. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT LIFE OF LEASELIFE OF LEASE
  14. 14. Produced by A.Produced by A. McCulloughMcCullough Directed by A. McCulloughDirected by A. McCullough Screen-Play A. McCulloughScreen-Play A. McCullough Starring A. McCulloughStarring A. McCullough Copyright A. McCulloughCopyright A. McCullough Key Grip A. McCulloughKey Grip A. McCullough Make-up A. McCulloughMake-up A. McCullough
  15. 15. ALLEN EDMONDSALLEN EDMONDS STORE LOCATIONSTORE LOCATION 101111_AllenEdmonds.lnk
  16. 16. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT 10 YEAR LEASE10 YEAR LEASE AE FREEPORT PERCENTAGE RENT 10 YEARS.lnk
  17. 17. FREEPORT VILLAGEFREEPORT VILLAGE PROJECTEDPROJECTED OCCUPANCY COSTS 10 YEARSOCCUPANCY COSTS 10 YEARS AE FREEPORT SPREADSHEET 10YRS..lnk
  18. 18. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT LIFE OF LEASELIFE OF LEASE AE FREEPORT LIFE OF LEASE PERCENTAGE RENT.lnk

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