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T H E U L T I M A T E T H E U L T I M A T E D CD CR E T A I L E X P E R I E N C ER E T A I L E X P E R I E N C E
LANCE LJ MARINELANCE LJ MARINE+1 703 905 0331
MICHAEL ZACHARIAMICHAEL ZACHARIA+1 703 905 0268
T H E M A R K E T T H E M A R K E THIGH LEVEL STATISTICS
MOST WALKABLE CITY IN THE US
-WALKSCORE.COM, 2016
TOP10
1.9M SQFT
RETAIL UNDER CONSTRUCTION
-WASHINGTON DC ECONOMIC PARTNERSHIP
(2016)
#1CITY FOR MILLENIAL
POPULATION GROWTH-WDCEP DC NEIGHBORHOOD
PROFILES, 2015 EDITION
#1MOST
EDUCATED CITY-WASHINGTON POST 2012
10.8% POPULATION GROWTH FROM 2010-2015 - WASHINGTON DC ECONOMIC PARTNERSHIP (2016)
With only 8.0 square feet per capita of shopping center space (compared to 23.8 square feet
nationally) in DC, there is an estimated retail leakage of $1 billion annually. In addition, with a daytime population of more than one million
people and 17.9 million annual visitors who spend
more than $6.0 billion, investors and developers have been building new retail centers to meet this
unmet demand.– DC Neighborhood Profiles 2013, Washington DC Economic Partnership ”
“
The District of Columbia, a vibrant international city, has the building blocks for a thriving retail market: walkable neighborhoods, disposable
income, millions of tourists, top notch public
transit, & cultural institutions.
“
” – Five-Year Economic Development Strategy for DC, Office of Mayor Gray
1 , 2 0 3 1 , 2 0 3 T O T A L S FT O T A L S FA V A I L A B L E I M M E D I A T E L YA V A I L A B L E I M M E D I A T E L Y
t h e H O T T E S T b l o c k I N T O W Nt h e H O T T E S T b l o c k I N T O W NSituated at the bottom of the Ellington, a 190 luxury apartment complex, this is a perfect opportunity for retailers seeking prime visibility from the street with ample foot traffic. With access to over 14,000 riders per day at the U street/ Cardoza metro station across from the building, this retail availability will entice commuters from all over the city. Retailers in the Ellington will also be an amenity to the 1,200 residential units planned and under construction in the U Street neighborhood.
a b u s t l i n g R e t a i l d e s t i n a t i o n a b u s t l i n g R e t a i l d e s t i n a t i o n 14th & U Street is the heartbeat of DC’s social scene.
Surrounded by established neighborhoods of Logan Circle, Dupont Circle, Columbia Heights, and Adams Morgan, the commercial vitality centered along the 14th & U Street corridors have something for everyone.
People all over the Metropolitan region flock to 14th & U to experience the sights, sounds and tastes of this bustling urban area, The energetic atmosphere is experienced by thousands enjoying the diverse and rapidly growing dining, retail, residential, entertainment and cultural offerings. Last year, more than 20 bars and restaurants opened, adding more than 2,000 seats to the city’s dining scene. Now one of DC’s premier walkable neighborhoods, 14th & U offers superb proximity to great retailers such as Whole Foods Market, iconic resturants like Ted’s Bulletin and Busboys & Poets, and vintage shops like Current Boutique.
a s h o p p e r ’ s p a r a d i s ea s h o p p e r ’ s p a r a d i s e14th & U IS the hot corridor for shoppers, foodies and vintage lovers. Neighborhood cotenancy includes:
H I S T O R I C U S T R E E T C O R R I D O RH I S T O R I C U S T R E E T C O R R I D O ROnce known as Washington’s preeminent African-American community, the Greater U Street Historic District is now a thriving residential and commercial neighborhood. The district’s main artery, U Street, flows through the center of the neighborhood, offering a variety of stores, restaurants, small businesses, and other entertainment venues.
U Street’s most iconic attraction, Ben’s Chilli Bowl, continues to be a hotspot for locals and tourists alike. For over 55 years, the famous chili dogs and chili half smokes have kept regular customers, like President Obama, coming back for more.
Now you have the opportunity to be a part of DC’s historic corridor.
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0.5 Mile Radius
1301 U
24,713 Population within a 10-minute walk
$124k Average household income
1 4 t h & U H I G H L I G H T S 1 4 t h & U H I G H L I G H T S
28,994 Average monthly Capital Bikeshare arrivals
1,241Residential units under construction within 1 mile
3National grocery stores in the neighborhood
7,501 Riders per day at U Street/Cardoza Metro
99Neighborhood Walk Score
UNION ROW
LANGSTON LOFTS
THE ELLINGTON
13TH & UREDEVELOPMENT
THE HARPERTHE LOUIS
THE SONNET288 units
80 units
190 units
286 units
267 units144 units
14T
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DEMOGRAPHICS
Daytime Population
Population
Average Household Income
.75 MILES
28,497
64,711
$121,536
1 MILE
91,097
107,474
$120,722
1.25 MILES
204,092
140,846
$117,848
R E T A I L E R M A PR E T A I L E R M A P
1301 U
R E S T A U R A N T C O N C E P T U A L L A Y O U TR E S T A U R A N T C O N C E P T U A L L A Y O U T
Outdoor Patio
PATIO PATIOPATIO
RESIDENCE LOBBY
AVAILABLE
1,20
3 S
F
1 3 0 1 u1 3 0 1 uLANCE LJ MARINELANCE LJ MARINESenior Vice President
+1 703 905 [email protected]
MICHAEL ZACHARIAMICHAEL ZACHARIASenior Vice President
+1 703 905 [email protected]
© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
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