CRESCENT GATEWAY · w o o dmon t av e ve w i l s on l n goldsbor o r d vd eas we s t hw y montg n o...

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CRESCENT GATEWAY BETHESDA, MD

Transcript of CRESCENT GATEWAY · w o o dmon t av e ve w i l s on l n goldsbor o r d vd eas we s t hw y montg n o...

Page 1: CRESCENT GATEWAY · w o o dmon t av e ve w i l s on l n goldsbor o r d vd eas we s t hw y montg n o ld g e o r g e to w n r d b r adley l n 191 187 355 355 p e 0 0.13 0.25 0.5 miles

CRESCENTGATEWAYBETHESDA, MD

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H&R retail is proud to present Crescent Gateway, a perfectly situated neighborhood center at the intersection of Bradley Boulevard & Arlington Road in highly affluent Bethesda, MD.

THE PROJECT: � A 30,586 square foot retail center with 112,362 square feet

of upper level office

� Over 445 free parking spaces in adjacent garage.

� 25 retail-only surface parking spaces.

� High performing CVS.

� Direct entrance to Capital Crescent Trail and future Purple Line Metro Station.

THE MARKET: � Excellent demographics (3 mile radius)

CRESCENTGATEWAY

DENSE POPULATION

STRONG DAYTIME POPULATION

HIGHLY EDUCATED

AVERAGEHH INCOMES $$$$

147,035people

143,335employees

87.3% : 4yr College Degreestudents

$213,148

e

e

e

e

FAIRFAX

OAKTON

SPRINGFIELD

LINCOLNIA

WEST FALLSCHURCH

TYSONSCORNER

BAILEY'SCROSSROADS

LANDOVER

SUITLAND

GREENBELTCOLLEGEPARK

CLARKSBURG

MONTGOMERYVILLAGE

NORTHPOTOMAC

LAUREL

ELDERSBURG

CROFTON

ANNAPOLIS

PIKESVILLERANDALLSTOWN

WOODLAWN

SEVERNA PARK

ARNOLD

ESSEX

MIDDLE RIVER

BURKE

ANNANDALE

MCLEAN

POTOMAC

BETHESDA

SILVER SPRING

GAITHERSBURG

WHEATON

ROCKVILLE

BOWIE

ODENTON

SEVERN

CATONSVILLE

ELLICOTT CITY

GLEN BURNIE

ALEXANDRIA

GERMANTOWN COLUMBIA

ARLINGTON

WASHINGTON

BALTIMORE

Poto

ma c

Rive

r

So u thRiver

M a got hy River

Patapsco RiverSe v ern

River

Ba ck River

M idd l e River

ChesapeakeBay

UV150

UV422

UV10UV97

UV193

UV396

UV648

UV201

UV4

UV702

UV32

UV176

UV450

UV108

UV400

UV337

UV214

UV355

UV43

UV210UV5

UV185

UV190

UV175

UV267

UV3

UV100

UV140

UV2

UV2

UV295

£¤29

£¤29

£¤40

£¤1

£¤1

£¤50

£¤301

£¤50

§̈¦895

§̈¦95

§̈¦370

§̈¦395

§̈¦70

§̈¦395

§̈¦95

§̈¦495

§̈¦83

§̈¦270

§̈¦295

§̈¦195

§̈¦66

§̈¦795

§̈¦97

§̈¦95

§̈¦695

0 5 102.5Miles

SITE

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WO

ODM

ONT

AVE

MONTGOMERY AVE

WILSON LN

GOLDSBORO RD

BRADLEY BLVD

EAST WEST HWY

MONTG N

OLD GEORGETOWN RD

BRADLEY LN

191

187

355

355

P r o p o s e d P u r p l e L i n e

0 0.25 0.50.13 Miles

CAPIT

OL CR

ESCE

NT TR

AIL (0

.2 Mile

s from

Bethe

sda R

ow)

CAPIT

OL CR

ESCE

NT TR

AIL (0

.2 Mile

s from

Bethe

sda R

ow)

41,721 AAWD

T

41,721 AAW

DT

WISCO

NSIN

AVE

WISCO

NSIN

AVE

26,162 AAWDT26,162 AAWDT

35,441 AAW

DT

35,441 AAW

DT

BETHESDA9,142AWPBETHESDA

9,142 AWPBETHESDA

9,142 AWP

ARL

ING

TON

RD

ARL

ING

TON

RD

BRADLEY SC

BETHESDA ROW

FLATS AT BETHESDA AVE

CORNERSTONEOF BETHESDA

SHOPS OF WISCONSIN

OOON N

7201 WISCONSIN AVE

CRESCENT GATEWAY

RETAILMARKETAERIAL

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0 250 500125 Feet

RETAILMARKETOUTLOOK

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B E TH E SDA ROW

UV1 91

UV355

E l m StreetP ark

Li ttl e F al lB ran ch P ark

Chevy Chase

BETHESDABETHESDA

6917 ARLINGTON RD

ARL

ING

TON

RD

CLA

REN

DO

N R

D

FAIRFAX RD

LELA

ND ST

WELLINGTON DR

CHEVY CHASE DR

BRADLEY BLVD

BRADLEY S/C

SAFEWAY

BETHESDA AVE

OFFUTT LN

KEN

WO

OD

FO

REST

LN

FAIRGLEN LN

MANNING DR

WESSLING LN

EXFAIR RD

DENTO

N RD

LEASE PLAN6917 ARLINGTON RD

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B E TH E SDA ROW

UV1 91

UV355

E l m StreetP ark

Li ttl e F al lB ran ch P ark

Chevy Chase

BETHESDABETHESDA

6931 ARLINGTON RD

ARL

ING

TON

RD

CLA

REN

DO

N R

D

FAIRFAX RD

LELA

ND ST

WELLINGTON DR

CHEVY CHASE DR

BRADLEY BLVD

BRADLEY S/C

SAFEWAY

BETHESDA AVE

OFFUTT LN

KEN

WO

OD

FO

REST

LN

FAIRGLEN LN

MANNING DR

WESSLING LN

EXFAIR RD

DENTO

N RD

SUITE A2,433 SF

SUITE B2,479 SF

SUITE A2,433 SF

SUITE B2,479 SF

SUITE A+B4,912 SF

SUITE A+B = 4,912 SF

LEASE PLAN6931 ARLINGTON RD

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Laptops and LattesLaptops and Lattes residents are predominantly single, well-educated profe sionals in business, finance, legal, computer, and entertainment occupations. They are affluent and partial to city living—and its amenities. Neighborhoods are densely populated, primarily located in the cities of large metropolitan areas. Many residents walk, bike, or use public transportation to get to work; a number work from home. Although single householders technically outnumber couples, this market includes a higher proportion of partner households, including the highest proportion of same-sex couples. Residents are more interested in the stock market than the housing market. Laptops and Lattes residents are cosmo-politan and connected— technologically savvy consumers. They are active and health conscious, and care about the environment.

Top TierThe residents of the wealthiest Tapestry market, Top Tier, earn more than three times the US household income. They have the purchasing power to indulge any choice, but what do their hearts’ desire? Aside from the obvious expense for the upkeep of their lavish homes, consumers select upscale salons, spas, and fitness centers for their personal well-being and shop at high-end retailers for their personal effects. Whether short or long, domestic or foreign, their frequent vacations spare no expense. Residents fill their weekends and evenings with opera, classical music concerts, charity dinners, and shopping. These highly educated professionals have reached their corporate career goals. With an accumulated average net worth of over 1.5 million dollars and income from a strong investment portfolio, many of these older residents have moved into consulting roles or operate their own businesses.

Metro RentersResidents in this highly mobile and educated market live alone or with a room-mate in older apartment buildings and condos located in the urban core of the city. This is one of the fastest growing segments; the popularity of urban life continues to increase for consumers in their late twenties and thirties. Metro Renters residents income is close to the US average, but they spend a large portion of their wages on rent, clothes, and the latest technology. Computers and cell phones are an integral part of everyday life and are used interchange-ably for news, entertainment, shopping, and social media. Metro Renters residents live close to their jobs and usually walk or take a taxi to get around the city.

Tapestry Segments (3 MILES)

EDUCATION (3 MILES)

Age Pyramid (5 MILES)

POPULATION (3 MILES) EMPLOYMENT (3 MILES)

INCOME (3 MILES)

BUSINESS (3 MILES)The largest group:

2017 Female PopulationAge 55-59 (Esri)

The smallest group:

2017 Male PopulationAge 80-84 (Esri)

Dots show comparison toDistrict of Columbia

147,0352017 TotalPopulation 0.86

2017-2022Annual Growth

0.492000-2010

Annual Growth 0.742010-2017

Annual Growth

89%White Collar

2%Blue Collar

8%Services

2.4%

UnemploymentRate

Top Tier

Laptops and Lattes

Metro Renters

1A

27,525 households

3A

14,127 households

3B

6,219 households

45

23

10

of Households

of Households

of Households

$213,148

2017 Average HHIncome

$155,027

2017 Median HHIncome

$88,865

2017 Per CapitaIncome

2%

No HighSchool

Diploma 5%High School

Graduate

9%Some College 85%

Bachelor's/Grad/ProfDegree

7,078

Total Businesses

123,807

Total Employees

85

75

65

55

45

35

25

15

5

20%1001020%

2018 and 2023 Esri Forecasts. Converted Census 2000 data into 2010 geographyLat/Lon: 38.97850/-77.09820

MARKETINGPROFILE

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WASHINGTON, DC7201 Wisconsin Avenue | Suite 600Bethesda, MD 20814

Telephone 301.656.3030

BALTIMORE, MD2800 Quarry Lake Drive | Suite 320Baltimore, MD 21209

Telephone 410.308.0800

www.hrretail.com

Information herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. Independent confirmation of its accuracy and completeness is your responsibility, H&R Retail, Inc.110118

For Retail Leasing Information,Please Contact:

Sean H. [email protected]

Bryan C. [email protected]