Burlington Coat Factory
Constructed in 2000 and renovated in 2008, the property is 100% leased to Burlington.
The Property is located in a major retail corridor and is easily accessible and in close proximity to 4 major freeway systems (5, 405, 55, & 73). South Coast Plaza is a major traffic generator (22+ million visitors & $1.5 billion in sales annually). The trade area is home to numerous national tenants including Target, Trader Joe’s, TJ-Maxx, Petco, Michael’s, Big Lots, Walgreens, and many more.
The Property is positioned within a dense and established trade area with approximately 665,560 people within a five-mile radius and an average household income over $79,100. Trade Area population is expected to grow 4.66% from 2014 to 2019, and total households are expected to grow 5.4% in the same period. In a three-mile radius of the Property there are approximately 237,963 daytime employees.