FOLEY
Alabama
FOLEY
Alabama
OVERVIEW
Foley, Alabama is one of the most popular resort areas in the South. Tanger Outlets is just eight miles from the unspoiled beaches of the Alabama Gulf Coast. With over 120 fashion and brand name outlet retailers, Tanger is one of the most sought after attractions in this popular family vacation destination.
CENTER FACTS
  • 2601 S McKenzie Street
    Foley, AL 36535
  • 554,583 S.F.
    Gross Leasable Area
  • 1,252,741
    Population (60 miles)
  • Hwy 59 - 39,500
    Daily Traffic Count
  • 214,651 - Daphne-Fairhope-Foley, AL
    MSA Population
  • Pensacola, FL (28 miles) Mobile, AL (30 miles)
    Major Cities
LOCATION
SITE PLAN
OUTPARCELS
AERIALS
MARKET SNAPSHOT
  • Tanger Outlets Foley is within easy driving distance for the nearly 750K residents of Mobile County and Escambia County (Pensacola, FL area).
  • The Alabama Real Estate Research & Education Center estimates that between 2000 and 2020, the population of Baldwin County will grow by 62%.
  • The property is located on Hwy 59, a major artery leading to the Gulf of Mexico. The average number of cars that pass Tanger Outlets daily is 37,952.
  • A 520 acre development Blue Collar Country and Foley Sports Tourism Complex will be located 1/8 mile east of the Center and is scheduled to open in late 2015. The Blue Collar development will feature new restaurant brands to the area, 2 hotels, a theme park and attractions.
  • Baldwin County is Alabama’s largest county with the lowest unemployment rate in south Alabama.
  • Tanger Outlets Foley is minutes from the white sand beaches of the Gulf of Mexico. Alabama has 32 miles of coastline with more than 16,670 rental units. The Gulf Coast receives 5.3+ million visitors each year.
  • The annual National Shrimp Festival, presented by Zatarain’s, held 8 miles south of the center in Gulf Shores draws an estimated 250,000 people each year in October.
  • Naval Air Station in Pensacola (30 miles from Tanger) employs more than 16,000 military and 7,400 civilian personnel. This includes the Blue Angels Navy Flight Demonstration Squadron and the headquarters for NETC, a command which directs all Navy education and training.
DEMOGRAPHICS (0-60 MILES)
1,252,741
Population
479,997
Households
323,462
Families
39.3
Median Age
$68,519
Avg Household Income
shopper profile Foley Portfolio Benchmark

Females 81% 75%

Average Age 48.7 46

Average Household Income $88,365 $91,837

Race-Caucasian 80% 71%

Race-Hispanic or Latino 1% 5%

Race - African American 8% 7%

Race - Asian 3% 7%

Marital Status- married 71% 73%

Local Resident Shoppers 41% 58%

Tourist (self-defined) 48% 42%

general shopping patterns Foley Portfolio Benchmark

Shopping Frequency (trips per yr) 9.2 8.2

Percentage of First Time Visitors 16% 17%

Avg # of Stores Visited 10.9 8.7

Avg # of Stores Purchased In 4.7 4

% of shoppers making a purchase 94% 95%

Length of Shopping Visit 152 minutes 129 minutes

Average Size of Shopping Party 4.2 3.1

Average Shopping Expenditure $282 $243

Average Perceived Savings 35% 36%

Additional demographic information
and statistics are available in the leasing packet.
Additional demographic
information and statistics are
available in the leasing packet.