For more information on The Beacon of Groveton, please visit our website at:
www.cbre.com/thebeaconofgroveton
For more information, please contact:
Lisa [email protected]
Kristen [email protected]
EXCITING RETAIL OPPORTUNITYAVAILABLE ON ROUTE 1 / RICHMOND HIGHWAY
ON THE FIRST FLOOR OF A NEW MIXED-USE LUXURY RESIDENTIAL BUILDING 6 8 7 0 R i c h m o n d H w y
A l e x a n d r i a , VA 2 2 3 0 6
Theof GrovetonBeacon
750 9th Street, NWSuite 900Washington, DC 20001
Retail Consulting and Leasing
Retail Consuletail Consulting and Leating and Leaa d easingsings gs g
ROUTE 1 / RICHMOND HIGHWAY ROUTE 1 / RICHMOND HIGHWAY
(56,000 VPD)(56,000 VPD)
T H E B E A C O N O F G R O V E T O N | P r o p e r t y O v e r v i e w
The Beacon of Groveton includes 290-unit Class A apartments and 10,000 SF of ground-fl oor street retail fronting Richmond Hwy (Route 1) located in Alexandria, VA (Fairfax County).
DELIVERY DATE: Available Immediately
RESTAURANT OPPORTUNITIES: Venting Capacity and Outdoor Seating Available
PARKING: 78 Retail Parking Spaces
TRAFFIC COUNTS: Richmond Highway 56,000 vehicles/day; Route 1 Widening from Mt. Vernon Memorial Highway to Telegraph Road starting May 2013 and will increase the infl ux of traffi c once construction is complete in 2016
DEMOGRAPHICS: Strong Retail Demographics within a 3 mile radius – Average HH Income: $121,041– Population: 120,734– Daytime Population: 48,080
AREA RETAILERS INCLUDE:
© 2013 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should
conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
T H E B E A C O N O F G R O V E T O N
BECOME A PART OF THE COMMUNITY AT THE BEACON OF GROVETON
FEATURING 290 LUXURY APARTMENTS LOCATED ABOVE
10 ,000 SF OF RETAIL
• Development is located approximately 3.5 miles from Old Town Alexandria, 2.5 miles from the Huntington Metro station, and 6.0 miles from Fort Belvoir
• Easy regional and local access via Rt. 1; I-395; I-95; I-495
• Richmond Highway Express (“REX”) bus service stops at the Bea-con Center, less than ½ mile from the property, and connects to the Huntington and King Street Metro stations, as well as 12 other stops along Richmond Hwy
• Excellent visibility on Route 1
• Adjacent to Beacon Shopping Center anchored by Target and Lowe’s
• Outdoor seating area opportunity
• Surface and structured retail parking available
• Public bus stop adjacent to development
• Private Metro shuttle
HIGHLIGHTS
THE BEACON OF GROVETON
University ofMaryland Campus
COLLEGE PARK
T H E B E A C O N O F G R O V E T O N | M a r k e t A e r i a l
DEMOGRAPHICS 0.5 MILE 1 MILE 3 MILES
POPULATION 3,103 21,619 120,734
AVERAGE HOUSEHOLD INCOME $83,689 $99,658 $121,041
DAYTIME POPULATION 2,129 6,421 48,080
© 2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should
conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
© 2013 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should
conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
: :PROPERTY OVERVIEW:: 5
UNEXCAVATED
UNEXCAVATED
UNEXCAVATED
6
A
54321
B
C
RAMP DN
RAMP UP5% SLOPE
5% SLOPE
CHAIN LINK FENCE(TYP.)
MANHOLEACCESS
24"x24" ACCESSPANEL
POOLAT GRADE
TRASH ROOM
LOADING
AHU
RETAILELEC.ROOM
RETAIL TRASHROOM
EXIT CORRIDOR
EX
IT C
OR
RID
OR
6870 RICHMOND HWYALEXANDRIA,VA 22306
TOTAL
Name Count jGRO-UA1-2 1
GRO-UA1-ANSI 1GRO-UA3-1 1GRO-UA3-2 1GRO-UB1 2
GRO-UB1-3 2GRO-UB1-ANSI 1
GRO-UB2 2
11
ELEV.PIT
ROLL UPGRILLE DOOR
B1-3 A1-2B1
B1
B2
A3-2
A3-1
B2
B1-3B1
UNIT
UNITUNITUNITUNITUNIT
UNIT
UNIT
UNIT
UNIT
A1UNIT
EXIT DISCHARGE
SINGLE SIDE BIKE RACKATTACHED TO WALL
2
2 2
2
2
2
2
22 2
56
55 54
57
58
59
60
5352 51
502
98" CLEAR HEIGHT FORVAN ACCESSIBILITY
F
TRENCH DRAIN
FEC
FEC
FEC
CHAIN LINK WINDOWSEE DETAIL 4/A-528
GATE
1A-102
2ND LEVEL PLAN1/16" = 1'-0"
5
2A-301
1A-301
2A-202
1A-202
S
FECF
ADDING FEC IN BLDG & G
4A-704A
3A-543
4A-526
2A-542
CHAIN LINK FENCEN(TYP.))
RAMP DN
RAMP UP5% SLOPE
5% SLOPERAMP DN
MANHOLEACCESS
24"x24" ACCESSPANELPANEL
HARGERREXIT DISCHA
RACKAAKE RAAASINGLE SIDE BIKEWALLWWTO WAWWATTACHED TO
IN LE SIDTT
E BACH
EX
KEED
T D
RAAATO
SC
CKWAWW
HA
LL
RGE98 CLEAR HEIGHT FOR898" CLEAR HEIGHT FOR8
VAN ACCESSIBILITY
CHAIN LINK WINDOWWNSEE DETAIL 4/A-5282T
98" CLEAR HEIGHT FOR8
RAMP DN
45,000 SF OFFICE SPACE5,000 SF RETAIL SPACE
GRO
VETO
N S
TREE
T
MEM
ORIA
L STREET
RETAIL PARKING
RICHMOND HIGHWAY (ROUTE 1) - 56,000 VPD
59 Retail Parking SpacesOn 1st Level
6 Parking
Spaces
13 Parking Spaces
Residential Fitness Center
T H E B E A C O N O F G R O V E T O N | S i t e P l a n : : R E T A I L S I T E P L A N : :
Future Offi ce with Retail Parking Garage
Entrance
Residential Building with 10,000 SF of Retail
ELEV..PIT
A MO
RIAL STREE
MEM
l ResidentiaFitness Center
Outdoor Seating Area
: :PROPERTY OVERVIEW:: 5
T H E B E A C O N O F G R O V E T O N | S i t e P l a n
ResidentialFitnessCenter
4,464 SFAVAILABLE
1,252 SFAVAILABLE
1,389 SFAVAILABLE
1,431 SFAVAILABLE
1,401 SFAVAILABLE
Retail Exhaust Vent
SPACE A SPACE B SPACE C SPACE D SPACE E
Retail Exhaust Vent Retail Exhaust Vent
Ceiling Height 21’9”
70’ -
10”
70’ - 6”23’ - 2”
23’ - 2”23’ - 2”
21’ - 2”
50’ -
7”
57’ -
1”
60’ -
11”
59’ -
5”
Ceiling Height18’9”
Ceiling Height17’6”
Ceiling Height16’8”
Ceiling Height16’4”
RICHMOND HIGHWAY (ROUTE 1) - 56,000 VPD ENTRANCE TO
PARKING
Service Corridor
MEMORIAL STREET
Outdoor Seating Area
RETAIL SPACE
6870 Richmond Hwy 0.5 mile radius
6870 Richmond Hwy 1 mile radius
6870 Richmond Hwy 3 mile radius
2013 Estimated Population 3,103 21,619 120,7342018 Projected Population 3,233 22,631 127,5002010 Census Population 3,034 21,053 116,4372000 Census Population 2,766 19,417 106,456
Growth 2010-2013 2.26% 2.69% 3.69%Growth 2013-2018 4.20% 4.68% 5.60%
2013 Estimated Median Age 36.25 35.18 38.232013 Estimated Average Age 36.44 35.43 38.20
2013 Estimated Households 1,057 7,732 49,3522018 Projected Households 1,099 8,082 52,3882010 Census Households 1,036 7,528 47,3602000 Census Households 1,030 7,408 44,346
Growth 2010-2013 2.04% 2.71% 4.21%Growth 2013-2018 3.98% 4.53% 6.15%
2013 Est. Average Household Size 2.85 2.74 2.43
2013 Est. Median Household Income $58,231 $66,824 $87,0182018 Prj. Median Household Income $62,765 $73,215 $96,3352000 Cen. Median Household Income $51,191 $53,077 $64,368
2013 Est. Average Household Income $83,689 $99,658 $121,0412013 Estimated Per Capita Income $28,515 $35,642 $49,478
2013 Estimated Housing Units 1,119 8,140 52,5292013 Estimated Occupied Units 1,057 7,732 49,3522013 Estimated Vacant Units 61 408 3,178
2013 Est. Owner Occupied Units 503 3,719 28,9072013 Est. Renter Occupied Units 554 4,013 20,445
2013 Est. Median Housing Value $319,670 $341,862 $366,6222013 Est. Average Housing Value $353,669 $382,737 $414,017
T H E B E A C O N O F G R O V E T O N | D e m o g r a p h i c I n f o r m a t i o n
6870 Richmond Hwy 0.5 mile radius
6870 Richmond Hwy 1 mile radius
6870 Richmond Hwy 3 mile radius
2013 Estimated Population by Age 3,103 21,619 120,734- Aged 0 to 4 Years 241 (7.8%) 1,854 (8.6%) 8,434 (7.0%)- Aged 5 to 9 Years 203 (6.5%) 1,539 (7.1%) 7,788 (6.5%)- Aged 10 to 14 Years 183 (5.9%) 1,339 (6.2%) 6,710 (5.6%)- Aged 15 to 17 Years 115 (3.7%) 809 (3.7%) 4,059 (3.4%)- Aged 18 to 20 Years 102 (3.3%) 676 (3.1%) 3,057 (2.5%)- Aged 21 to 24 Years 158 (5.1%) 1,078 (5.0%) 5,376 (4.5%)- Aged 25 to 34 Years 487 (15.7%) 3,451 (16.0%) 18,783 (15.6%)- Aged 35 to 44 Years 496 (16.0%) 3,480 (16.1%) 18,983 (15.7%)- Aged 45 to 54 Years 469 (15.1%) 3,115 (14.4%) 18,120 (15.0%)- Aged 55 to 64 Years 351 (11.3%) 2,377 (11.0%) 15,292 (12.7%)- Aged 65 to 74 Years 187 (6.0%) 1,187 (5.5%) 8,583 (7.1%)- Aged 75 to 84 Years 68 (2.2%) 481 (2.2%) 3,898 (3.2%)- Aged 85 Years and Older 43 (1.4%) 231 (1.1%) 1,652 (1.4%)
2013 Estimated Population Over 25 by Educational Attainment
2,101 14,323 85,310
- Less than 9th Grade 301 (14.3%) 1,117 (7.8%) 5,165 (6.1%)- High School - No Diploma 194 (9.2%) 918 (6.4%) 4,432 (5.2%)- High School Diploma 535 (25.5%) 3,387 (23.6%) 15,961 (18.7%)- Some College 385 (18.3%) 2,832 (19.8%) 13,052 (15.3%)- Associate Degree 87 (4.1%) 697 (4.9%) 4,273 (5.0%)- Bachelor's Degree 325 (15.5%) 2,800 (19.5%) 21,139 (24.8%)- Master's Degree 200 (9.5%) 1,812 (12.7%) 14,546 (17.1%)- Professional Degree 45 (2.1%) 479 (3.3%) 4,352 (5.1%)- Doctoral Degree 29 (1.4%) 280 (2.0%) 2,390 (2.8%)
2013 Estimated Population by Sex 3,103 21,619 120,734- Male 1,543 (49.7%) 10,694 (49.5%) 59,516 (49.3%)- Female 1,560 (50.3%) 10,926 (50.5%) 61,218 (50.7%)
2013 Estimated Employed 1,585 11,470 66,826
T H E B E A C O N O F G R O V E T O N | D e m o g r a p h i c I n f o r m a t i o n