CBL PROPERTIES

RICHLAND MALLWaco, TX

HIGHLIGHTS

TRADE AREA 633,709 (2018 est.)

CENTER EMPLOYMENT 1,200 (est.)

YEAR OPENED 1980

NUMBER OF STORES 80

SIZE 681,752 square feet

FEATURED STORES Dillard’s (2 stores), JCPenney, DICK’S Sporting Goods, H&M, Bath & Body Works and White Barn Candle Company, Victoria’s Secret/PINK, American Eagle and Buckle

WEBSITE RichlandMall.com

CBL PROPERTIEScblproperties.com

NYSE: CBL

FOR LEASING:Russell Petty

p. 972.539.3927 c. 214.642.4630Russell.Petty@cblproperties.com

CORPORATE OFFICE:CBL Center, Suite 500

2030 Hamilton Place BoulevardChattanooga, TN 37421-6000

423.855.0001

MALL OFFICE:6001 West Waco Drive, Suite 314

Waco, TX 76710254.776.6631

CBL PROPERTIESRICHLAND MALLWaco, TX

TRADE AREA FACTS• Richland is the largest enclosed regional shopping center between

Dallas/Ft. Worth and Austin.

• The trade area is comprised of 13 counties.

• Trip Advisor voted Waco #2 travel destination for 2018, which is experiencing a tourism boom with over 35,000 visitors weekly in 2019.

• At the intersection of Hwy 84 and Hwy 6 Richland Mall’s periphery partners include BJ’s Brewhouse, Fuji Japanese Steak & Sushi, Olive Garden and Red Lobster.

• Waco is home to three institutions of higher education – Baylor University (17,000), McLennan Community College (8,800) and Texas State Technical College (3,800) all within a 20 minute drive to Richland Mall.

• Local attractions include the Texas Ranger Hall of Fame, the Dr. Pepper Museum, the Texas Sports Hall of Fame, Waco MammothNational Monument, Cameron Park , the Cameron Park Zoo and BSR Cable Park.

• Texas Commission on the Arts unanimously voted to designate Waco a State of Texas Cultural District.

FromDallas/

Ft. Worth

FromAustin

West W

aco D

r.

35

84

6

MEDIAN AGE

2018 Estimate 36 41 40

POPULATION TRENDSPRIMARY

TRADE AREASECONDARY TRADE AREA

TOTAL TRADE AREA

2018 Estimate 257,754 375,955 633,709

2023 Projection 277,897 405,647 683,544

2010 Census 239,244 351,925 591,169

2018-2023 % Change 7.81% 7.90% 7.86%

2018 Daytime Population Estimate 127,540 141,103 268,643

AVERAGE HOUSEHOLD INCOME

2018 Estimate $68,141 $64,899 $66,240

2023 Projection $77,120 $72,180 $74,211

2018-2023 % Change 13.18% 11.22% 12.03%

DEMOGRAPHICS

Source: 2010 Census; Scan/US 2018/2023 Estimates