TABLE OF CONTENTS - Douglas Development · who live in fashionable homes on small, manicured lots....
Transcript of TABLE OF CONTENTS - Douglas Development · who live in fashionable homes on small, manicured lots....
TABLE OF CONTENTSDC Area Market Overview
Market Profile: Old Town Alexandria
King Street Shopping + Dining
Demographic + Psychodemographic Profile
Property Closeup
Access + Visibility
The Opportunity
ARLINGTON COUNTY, VAPENTAGON /
CRYSTAL CITY
SHIRLINGTON
FALLS CHURCH
DUPONT + LOGAN CIRCLES
DOWNTOWN / EAST END
FOGGY BOTTOM / GEORGETOWN
ROSSLYN-BALLSTON CORRIDOR
MCLEAN
MERRIFIELD
TYSON'S CORNER
DC METRO SYSTEMRED LINE • Glenmont to Shady Grove
ORANGE LINE • New Carrolton to Vienna/Fairfax-GMU
BLUE LINE • Franconia-Springfield to Largo Town Center
GREEN LINE • Branch Avenue to Greenbelt
YELLOW LINE • Huntington to Fort Totten
SILVER LINE • Under Construction
ANNANDALE
ALEXANDRIA
AREA OVERVIEWWashington DC is one of the hottest retail markets in the world. From Georgetown to Friendship Heights, the District’s neighborhoods are vibrant and alive, retailers are exceeding their expectations (as well as national averages), and restaurants have lines out their doors.
This vibrancy has been spreading to close-in suburbs for more than the past decade. As a result, Old Town, Alexandria has become one of the DC area's best places to live, work, shop, and eat.
Built upon a charming, close-knit community, this neighborhood is the best of both worlds – a thriving commercial district, home to destination restaurants and shopping, as well as a bustling residential community steeped in history and the arts.
OLD TOWN, ALEXANDRIA
Just ten minutes from Downtown DC, Old Town in Alexandria is a destination in its own right. From its historic sights and luxury hotels to its abundance of shopping and restaurants, Old Town has much to offer its visitors as well as its growing residential population. Old Town has experienced steady growth as a solid core of mature professionals are joined by young urbanites looking for a happening haven away from the big city.
Starbucks1767 King Street
The Perfect Pita1640 King Street
Dunkin' Donuts1640 King Street
Uptowner Cafe1609 King Street
Brabo 1600 King Street
Casablanca1504 King Street
Hard Times Cafe1404 King Street
Rock It Grill1319 King Street
Snap Fitness1315 King Street
Pacers1301 King Street
Pines Of Florence1300 King Street
Olio Tasting Room1223 King Street
Vermilion1220 King Street
Red Barn Mercantile1117 King Street
Potomac Bead Company1104 King Street
Paint This!1013 King Street
Current Boutique1109 King Street
The Majestic911 King Street
RedRocks904 King Street
Calico Corners814 King Street
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Austin Grill801 King Street
Chico's800 King Street
Bertucci's725 King Street
Geranio Ristorante722 King Street
Papyrus721 King Street
Murphy's Grand Irish Pub713 King Street
The Dog Park705 King Street
Nando's Peri-Peri702 King Street
BGR106 N Washington Street
Ross112 N Washington Street
Ann Taylor115 N Washington Street
Nine West Outlet629 King Street
Banana Republic628 King Street
Gap Outlet622 King Street
Walgreens615 King Street
H&M614 King Street
Bread & Chocolate611 King Street
Anthropologie610 King Street
La Tasca607 King Street
Chipotle601 King Street
Starbucks532 King Street
La Madeleine500 King Street
Jackson 20480 King Street
Ann Taylor LOFT423 King Street
Pendleton417 King Street
Two Nineteen219 King Street
Warehouse Bar & Grill214 King Street
Ichiban Sushi House211 King Street
Lou Lou132 King Street
Pizzeria Paradisio124 King Street
The Wharf119 King Street
Paper Source118 King Street
Landini Brothers115 King Street
Silver Parrot113 King Street
Bugsy's Pizza111 King Street
Scoop Grill110 King Street
Ben & Jerry's103 S Union Street
Firehook Bakery105 S Union Street
Starbucks100 S Union Street
Bike & Roll1 Wales Alley
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Points Of Interest
Capital Bikeshare Station
Zipcar Location
CORRIDOR MAP KEY
KING STREET CORRIDOR
A George Washington Masonic Nat'l Memorial
B Lorien Hotel & Spa
C Old Town Theater
D Hotel Monaco
E Alexandria Farmer's Market
F Carlyle House
G Torpedo Factory Art Center
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WhILE DEMOGRAphICS ARE FACTS AND FIGuRES ABOuT INCOME, EDuCATION, pOpuLATION AND ThE LIKE, pSYChODEMOGRAphICS INDICATE ThE TRuE NATuRE OF hOW A pOpuLATION LIVES.MONEY & BRAINS - 2,687 hOuSEhOLDS
The residents of Money & Brains seem to have it all: high incomes, advanced degrees, and sophisticated tastes to match their credentials. Many of these city dwellers are married couples with few children who live in fashionable homes on small, manicured lots.
YOuNG DIGERATI - 1,917 hOuSEhOLDSYoung Digerati are tech-savvy and live in fashionable neighborhoods. Affluent, highly educated, and ethnically mixed, Young Digerati communities are typically filled with trendy apartments and condos, fitness clubs and clothing boutiques, casual restaurants, and all types of bars – from juice to coffee to microbrew.
DEMOGRAphICS + pSYChODEMOGRAphICS
KEY pSYChODEMOGRAphIC SECTORS WIThIN A hALF MILE
POPULATION2013
GROWTH2000-2010
GROWTH2010-2013
PROJeCTeD GROWTH2013-2018
AVeRAGe HH INCOMe
2013-2018
MeDIAN HOUSING VALUe
2013
DAYTIMe POPULATION
2013
¼ MILe 1,849 1.60% 3.82% 5.79% $170,000 $704,121 8,836
½ MILe 9,811 1.10% 5.09% 7.44% $161,022 $639,395 24,812
¾ MILe 17,634 6.27% 6.14% 8.62% $158,677 $589,077 33,942
ReTAIL SPACe3,880 SF
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OLD TOWN THeATeR
HOTeL MONACO
ALeXANDRIA FARMeRS' MARKeT
PRINCE STREET
CAMERON STREET
DUKE STREET
ACCESS & VISIBILITY
AERIAL KEY
Two Way Street
Unobstructed Views
Capital Bikeshare Station
Points Of Interest
ThE OppORTuNITYWith a total of approximately 8,500 square feet at the corner of bustling Washington and King Streets, 700 King Street is a one-of-a-kind opportunity for retailers and restaurateurs in the heart of Old Town, Alexandria. With a strong residential base that continues to grow – coupled with a tourist population looking to experience Old Town's unique shopping, dining, and art scene – 700 King Street is poised to perform.