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Table 6-9
<br />RAM SEY NORTHSTAR RIDER
<br />SUPPORTABLE SPACE BY MERCHANDISE CATEGORY; 2016 AND 2020
<br />(Gross Leasable Area)
<br />Merchandise Category
<br />2016 2020
<br />Low
<br />Store Size
<br />Median High
<br />Convenience Goods
<br />Supermarkets 991 1,065 31,245 52,419 69,462
<br />Convenience Food 30 33 1,349 2,085 5,323
<br />Drug& Proprietary Stores 441 474 8,280 11,700 23,714
<br />Hardware 168 178 5,638 13,831 27,743
<br />Liquor 213 229 1,305 2,856 7,210
<br />Florist 63 68 766 1,600 5,396
<br />Food/Health Supplement Stores 20 20 1,200 1,234 1,968
<br />Food Service
<br />Full -Service Restaurants 617 664 2,000 4,500 9,775
<br />Limited Service Restaurants 423 455 1,335 3,000 3,400
<br />Snack & Beverage Places 127 133 850 1,500 2,495
<br />Ice Cream & Soft Serve 15 15 902 1,148 1,570
<br />Doughnut Shops 32 32 744 1,200 2,153
<br />Coffee Shops 40 43 881 1,500 2,000
<br />Services
<br />Beauty Salons 258 284 455 788 1,422
<br />Laundries & Dry Cleaners 73 80 1,222 2,024 3,734
<br />Child Day Care Services 470 520 3,059 5,050 7,495
<br />Health Care
<br />Offices of Physicians 1,188 1,303 969 1,652 4,008
<br />Offices of Dentists 548 603 1,090 1,700 3,970
<br />Offices of Chiropractors 78 87 1,090 1,600 3,970
<br />Source: McComb Group, Ltd.
<br />The last column in Table 6-9 contains low, median, and high store size for each store type from
<br />Dollars & Cents of Shopping Centers, published by the Urban Land Institute. Median store size
<br />indicates a typical size for a store in each retail category. To the extent that supportable square
<br />footage is above the low store size, sales potential exists to support that store type. Many
<br />retailers will desire stores that are closer to the median store size.
<br />Retail GLA supported by estimated sales potential for each retail store category is based on
<br />estimated sales per square foot (in 2012 dollars) by store type. Sales per square foot estimates
<br />are derived from median store sales per square foot for each tenant type contained in Dollar &
<br />Cents of Shopping Centers. Supportable GLA is calculated by dividing sales potential by sales
<br />per square foot. This analysis was used to provide an estimate of the supportable square footage
<br />in each retail category. The detailed tables resulting from these calculations are contained in
<br />Appendix B.
<br />6-11
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