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RIO GRANDE VALLEY
PREMIUM OUTLETS
®
THE SIMON EXPERIENCE —
WHERE BRANDS & COMMUNITIES
COME TOGETHER
More than real estate, we are a company of
experiences. For our guests, we provide distinctive
shopping, dining and entertainment. For our
retailers, we offer the unique opportunity to thrive in
the best retail real estate in the best markets.
From new projects and redevelopments to
acquisitions and mergers, we are continuously
evaluating our portfolio to enhance the Simon
experience - places where people choose to shop
and retailers want to be.
We deliver:
SCALE
Largest global owner of retail real estate including Malls,
Simon Premium Outlets® and The Mills®
QUALITY
Iconic, irreplaceable properties in great locations
INVESTMENT
Active portfolio management increases productivity and returns
GROWTH
Core business and strategic acquisitions drive performance
EXPERIENCE
Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
PROPERTY OVERVIEW
RIO GRANDE VALLEY PREMIUM OUTLETS®
MERCEDES, TX
MAJOR METROPOLITAN AREAS
SELECT TENANTS
McAllen:
20 miles west
Reynosa, Mexico:
30 miles south
Monterrey, Mexico: 150 miles southwest
Saks Fifth Avenue OFF 5TH, adidas, Aéropostale Outlet, American Eagle
Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store,
BCBGMAXAZRIA, Burberry, Calvin Klein Company Store, Coach, The
Converse Outlet Store, Crocs, DKNY Company Store, Forever 21, Gap
Outlet, GUESS Factory Store, Gymboree Outlet, HUGO BOSS Factory
Store, Kenneth Cole Company Store, Kipling, LACOSTE Outlet, New
York & Company, NikeFactory Store, Polo Ralph Lauren Factory Store,
Puma, Robert Graham, Tommy Hilfiger Company Store, True Religion
RETAIL
GLA (sq. ft.) 604,000; 140 stores
McAllen
MERCEDES, TX
Edinburg
83
Harlingen
Mercedes
Reynosa
Rio Bravo
281
83
77
TOURISM / TRAFFIC
Opened November 2006
Expanded 2008, 2012
RADIUS POPULATION
325,472
1,077,035
1,263,294
(U.S. only)
AVERAGE HH INCOME
30 mile average: Mission
40
OPENING DATES
15 mile population:
30 mile population:
45 mile population:
TEXAS
RIO GRANDE VALLEY
PREMIUM OUTLETS
77
281
$53,504
Located in the McAllen-Edinburg-Mission metro market, one of the
fastest growing U.S. areas. The center is in the Rio Grande Valley at the
southern tip of Texas, bordered on the east by the Gulf of Mexico, on
the south by the Rio Grande, which forms the international U.S./Mexico
border, and on the west and north by Texas ranching counties.
With 13 ports of entry to Mexico along the international border, the
region is a major distribution center. Tourism is one of the main staples of
the economy. Many “Winter Texans” come to the region from September
through April. Visitors and day trippers from Mexico are frequent area
visitors and shoppers. Monterrey is within a two- to three-hour drive with
over three million residents, some of whom are Mexico’s most affluent.
(U.S. only)
Over two million tourists frequent the area annually. Over 43 million
people cross the area’s Mexican borders annually. Retail sales in the
Valley total over $10 billion annually.
Vehicle travel on US Expressway 83 and Highway 1425 is over 60,000 daily.
LOCATION / DIRECTIONS
US Expressway 83 & Highway 1425 at Mile 1-1/2 East Rd., Mercedes, TX.
— Taking Expressway 83E: Exit at Mile 2 E. Road
Information accurate as of 5/1/15. Sources: SPG Research; trade area
demographic information per Pitney Bowes MapInfo (2014).
— Taking Expressway 83W: Exit at Mile 1 E. Road
97
MEXICO
Monterrey
Brownsville
101
SITE AND PLAN
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SURROUNDING AREA CENTERS
Encino
SURROUNDING AREA CENTERS
Simon Centers
Competition
San Isidro
Santa Anna
Delmita
1
2
3
4
5
Linn
El Brazil
Hargill
La Carla
Netos
El Mesquite
Santa Cruz
Edinburg
Eugenio Saenz
Los Ebanos
Citrus City
Monte Alto
Doolittle
Cesar Chavez
Alton
West Sharyland
3
Santa Monica
Zapata Ranch
Yznaga
La Blanca
Elsa La Villa
Edcouch
Tierra Bonita
San Carlos
Muniz
Lopezville
Olivarez
Perezville
McAllen
Mila Doce
Palmview South
North Alamo
Midway North
Alamo
Mission
2
Pharr San Juan
Midway South
Granjeno
Villa Verde
Scissors
Hidalgo
Progreso
Havana
San Perlita
Lyford
Faysville
Elias-Fela Solis
Olivia Lopez de Gutierrez
Garciasville Rafael Pena
Quesada
La Grulla Cuevitas
Lasara
Los Angeles
Raymondville
2
Lasana
Grand Acres
Rio Hondo
Primera
Las Palmas II
Arroyo Gardens
Juarez
Ratamosa
La Tina Ranch
Lozano
4
La Feria North
Villa del Sol
1
5
Bayview
Green Valley Farms
South Padre Island
Laureles
El Camino Angosto
Laguna Vista
Rangerville
Lago
Laguna Heights
Santa Maria
Chula Vista
Relampago
La Paloma
Bluetown
Port Isabel
Los Indios
Del Mar Heights
Olmito
Brownsville
15 MILES
Mercedes
La Feria
San Pedro
Cameron Park
3
4
Reid Hope King
Villa Pancho
South Point
30 MILES
45 MILES
®
Rio Grande Premium Outlets
La Plaza Mall
Palms Crossing
Sunrise Mall
Valle Vista Mall
OTHER RETAIL
SHOPPING CENTERS
GROSS LEASABLE AREA
ANCHORS
DISTANCE / DRIVE-TIME
Valle Vista Mall
Harlingen, TX
651,000 sf
Dillard’s, JCPenney, Sears
12 miles / 18 minutes
La Plaza Mall
McAllen, TX
1,221,000 sf
Dillard’s, Macy’s, JCPenney, Joe Brand,
Sears
23 miles / 30 minutes
Sunrise Mall
Brownsville, TX
845,000 sf
Bealls, Dillard’s, JCPenney, Sears
30 miles / 40 minutes
60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com
Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).