LEBANON PREMIUM OUTLETS®

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:

SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®

QUALITY Iconic, irreplaceable properties in great locations

INVESTMENTActive 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.

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:

SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®

QUALITY Iconic, irreplaceable properties in great locations

INVESTMENTActive 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.

THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER

PROPERTY OVERVIEW

Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

LEBANON PREMIUM OUTLETS®

LEBANON, TN

MAJOR METROPOLITAN AREAS

Nashville: 20 miles

RETAIL

GLA (sq. ft.) 227,000; 60 stores

OPENING DATES

Opened April 1998

PARKING RATIO

5.5:1

RADIUS POPULATION

15 mile population: 135,620 30 mile population: 1,209,379 45 mile population: 1,751,215

AVERAGE HH INCOME

30 mile average: $69,188

SELECT TENANTS

American Eagle Outfitters, Ann Taylor Factory Store, Brooks Brothers Factory Store, Coach, Eddie Bauer Outlet, Gap Factory Store, GUESS Factory Store, Gymboree Outlet, LOFT Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, Samsonite Company Store, Van Heusen

TOURISM / TRAFFIC

Visitors to Tennessee come from all over the United States to visit both the Smoky Mountains and Nashville and pass by Lebanon as they travel between the two. It’s an impressive setting for success with a diverse consumer base of more than two million residents in a 60-mile radius, 11 million annual Nashville tourists, and over 90,000 college/technological students in a 45-mile radius.

MAJOR ATTRACTIONS

Aside from being the Country Music Capital, nearby Nashville also has several major tourist draws like the legendary Grand Ole Opry, the Country Music Hall of Fame, the Ryman Auditorium and Museum, the Hermitage and the Nashville Zoo.

LOCATION / DIRECTIONS

Lebanon Premium Outlets is located less than 30 miles from Nashville, boasting a traffic count of over 58,000 vehicles passing by the center each day and is situated on a highly visible, beautifully landscaped location off I-40.

— From Nashville: I-40E to Exit 238

— From Memphis: I-40E to Exit 238

— From Chattanooga: I-24W to I-40E to Exit 238

— From Knoxville: I-40W to Exit 238

— From Murfreesboro: TN-840E to I-40E to Exit 238

— From Cookeville: I-40W to Exit 238

— From Bowling Green: “Scenic Route” on US 231E, center on right

70

231

840

KY

TN

NASHVILLE LEBANONTo Knoxville

AirportTo Memphis

65

65

24

40

MURFREESBORO To Chattanooga

LEBANON PREMIUM OUTLETSLEBANON, TN

OUTLET VILLAGE BLVD.

OLD

MUR

FREE

SBUR

O R

D.

I-40

US 231 / MURFREESBURO RD.

NO

RTH

SITE AND PLAN

I-40

OUTLET VILLAGE BLVD.

OLD

MU

RFRE

ESBO

RO R

D.

Scottsville

Glasgow

Fairview

opkinsville

k Grove

Pembroke

l North

Burkesville

Marrowbone

Edmonton

Summer Shade

Fountain Run

Gamaliel

TompkinsvilleFranklin

Elkton

AllensvilleTrenton

GuthrieAdairville

Auburn

Lewisburg

Russellville Woodburn

Bowling Green

Plano

Beersheba SpringsAltamont

Gruetli-Laager

Doyle

Sparta

Lynnville

Smithville

Alexandria

DowelltownLiberty

BurnsDickson

Charlotte

n

leer

Auburntown

Woodbury

Pleasant View

Ashland City

Kingston Springs

Pegram

Pike

Hillsboro

Lakewood Park

Manchester

New Union

Celina

Belle MeadeBerry Hill

Forest Hills

Lakewood

Ridgetop

Goodlettsville

Oak Hill

Nashville-Davidsonmetropolitan government

(balance)

Pleasan

Gainesboro

Dodson Branch

erville

Bon Aqua JunctionWrigley

Summertown

LafayetteRed Boiling Springs

Murfreesboro

Dunlap

Chapel Hill

Clarksville

Columbia

Mount Pleasant

Spring Hill

Nolensville

Brentwood

Thompson's Station

Mount JulietLebanon

Watertown

Green Hill

Rural Hill

Centertown

McMinnville

Morrison

Viola

South Carthage

Carthage

Gordonsville

Eagleville

WalterhillSmyrna

La Vergne

Spencer

Hartsville/TrousdaleCountyGallatin

Hendersonville

Mitchellville

Westmoreland

Walnut GroveWhite House

Bethpage

Bransford

Castalian Springs

Cottontown

Graball

Millersville

New Deal

Portland

Shackle Island Livingston

Cookeville

Adams

Cedar Hill Cross Plains

Orlinda

GreenbrierCoopertown

Baxter

Algood

Monterey

Bell Buckle

Normandy

WartraceShelbyville

Unionville

6

3

4

7

8

92

5

10

7

3

108

6

29

45

1

15 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Lebanon Premium Outlets® 2 The Avenue Murfreesboro3 Cool Springs Galleria4 Hill Center Green Hills5 The Mall at Green Hills6 Opry Mills7 Providence Marketplace8 Rivergate Mall9 Stones River Mall10 The Streets of Indian Lake

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Providence Marketplace Mount Juliet, TN 830,000 sf Belk, Best Buy, Dick’s Sporting Goods,

JCPenney, Ross Dress for Less, Target 11.5 miles / 15 minutes

Hickory Hollow Mall Antioch, TN 1,098,000 sf Macy’s, Sears 21.5 miles / 30 minutes

The Avenue Murfreesboro Murfreesboro, TN 805,000 sf Barnes & Noble, Belk, Best Buy,

Dick’s Sporting Goods, PETCO 23.3 miles / 32 minutes

Stones River Mall Murfreesboro, TN 612,000 sf Dillard’s, JCPenney, Sears 30 miles / 27 minutes

The Mall at Green Hills Nashville, TN 869,000 sf Nordstrom, Macy’s, Dillard’s 30 miles / 32 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Opry Mills®Nashville, TN 1,154,000 sf Saks Fifth Avenue OFF 5TH,

Bed Bath & Beyond 21.6 miles / 30 minutes

Crossville Outlet CenterCrossville, TN 151,000 sf 83 miles / 1 hour 15 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).