MAGNOLIAPARK

Retro Shopping & Innovative Retail

This hip retro neighborhood is truly in a world all its own. Filled with one-of-a-kind boutiques, vintage antiques, chic eateries, and something new around every corner, Magnolia Park is home to Porto’s Bakery, named the Best Place to Eat in the US by Yelp in 2015.
www.visitmagnoliapark.com

Demographics

  • 129,709 10 MINUTE DRIVE-TIME
    368,332 15 MINUTE DRIVE-TIME

    Residents
  • $82,147 10 MINUTE DRIVE-TIME
    $82,586 15 MINUTE DRIVE-TIME

    Average Household Income
  • 44.6% 10 MINUTE DRIVE-TIME
    44.1% 15 MINUTE DRIVE-TIME

    College Degree Or Higher
  • 54,884 10 MINUTE DRIVE-TIME
    149,105 15 MINUTE DRIVE-TIME

    Number Of Households
  • 38.3 10 MINUTE DRIVE-TIME
    38.2 15 MINUTE DRIVE-TIME

    Median Age

Source: Buxton

Psychographics

Metro Fusion Middle-aged, ethnically diverse, singles living urban active lifestyles in city apartments. Consumers make modest investments and are digitally dependent.

Progressive Potpourri Ethnically diverse and urban centric mature couples with comfortable and active lifestyles in middle-class suburbs.

Striving Single Scene Young, career-driven, singles living in Midwest and Southern city centers. They are interested in sports and fitness, technology, and consider themselves foodies with an active social life.

Full Pockets, Empty Nests. Empty nesting, upper middle-class households with discretionary income living sophisticated lifestyles, in addition to being environmental advocates and fitness minded

Source: Buxton & Experian Segmentation

Business Profile

  • 109,308 10 MINUTE DRIVE-TIME
    238,436 15 MINUTE DRIVE-TIME

    Daytime Workforce
  • 2,335 WITHIN ONE MILE RADIUS
    12,538 WITHIN THREE MILE RADIUS

    Number Of Businesses

Source: The Nielsen Company, Buxton

National Retailers/Restaurants

  • Porto’s Bakery
  • Morphe Brushes
  • The Mag Park Store
  • The New Deal
  • Romancing the Bean
  • Audrey K
  • Unique Vintage

District Statistics

  • Office Vacancy Rate 2.3%
    Office Approx. Cost Per Square Foot $2.17/Sq. Ft.
  • A & B Office Vacancy Rate 1.4%
    A & B Office Approx. Cost Per Square Foot $2.09/Sq. Ft.
  • Retail Vacancy Rate 0.8%
    Retail Approx. Cost Per Square Foot $2.13/Sq. Ft.
    Source: CoStar, As of First Quarter, 2017

 

Potential Development Opportunities

  • Entertainment Related Start-Ups
  • Entrepreneurial Retailers
  • Unique Dining Concepts