CALKAIN
RESEARCH
FILE PHOTO
NET LEASE SITE REPORT
Pizza Hut | Reston, VA
CO N TAC T
Winston Orzechowski
Research Director
Tel. (571) 449-8146
worzechowski@calkain.com
C A L K A I N C O M P A N I E S | M I D - A T L A N T I C | N O R T H E A S T | S O U T H E A S T | M I D W E S T | W W W. C A L K A I N . C O M
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
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D i sc laimer
The information contained in the following Investment Prospectus is proprietary and strictly confidential. It is intended to be reviewed only by
the party receiving it from Calkain Companies and its subsidiaries, and
should not be made available to any other person or entity without the
written consent of Calkain Companies. This offering memorandum has
been prepared to provide summary, unverified information to prospective
purchasers, and to establish only a preliminary level of interest in the
subject property(s). The information contained herein is not a substitute
for a thorough due diligence investigation. Calkain Companies and its
subsidiaries have not made any investigation, and make no warranty or
representation, with respect to the income or expenses for the subject
property(s), the future projected financial performance of the property,
the size and square footage of the property(s) and improvements, the
presence or absence of contaminating substances, PCB’s or asbestos,
the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business
prospects of any tenant, or any tenant’s plans or intentions to continue its
occupancy of the subject property(s). The information contained in this
Investment Prospectus has been obtained from sources we believe to be
reliable; however neither Calkain Companies and its subsidiaries nor the
Seller have verified, and will not verify, any of the information contained
herein, nor has Calkain Companies and its subsidiaries or the Seller conducted any investigation regarding these matters and make no warranty
or representation whatsoever regarding the accuracy or completeness
of the information provided. All potential buyers must take appropriate
measures to verify all of the information set forth herein.
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Building Type
Bldg Status
Recorded Owner
Retail/Fast Food
Built 1977
Expenses
2011 Tax @ $6.22/SF
017-4-15-05-0003-A
Building Size
3,084 SF
Parcel Number
Typical Floor Size
3,084 SF
Amenities
Stories
Land Area
Percent Leased
1
Spirit Master Funding LLC
Drive Thru
42 feet on Wiehle Ave
(with 0 curb cut)
Street Frontage
0.61 AC
Parking
30 free Surface Spaces available
100%
Fi n ancial
1821 Wiehle Avenue | Reston VA
Sum ma ry
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
SUBJECT
SITE
Lo cation
1821 Wiehle Avenue | Reston VA
Ov ervie w
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
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d e m o g r a ph i c s
Radius | 1 Mile | 3 Mile | 5 Mile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
1 Mile
3 Mile
5 Mile
2000 Population 7,626 73,876 189,207
2010 Population 7,615 78,431
212,470
2013 Population 7,639 79,606 216,527
2018 Population 7,996 83,672 229,653
2000-2010 Annual Rate -0.01% 0.60% 1.17%
2010-2013 Annual Rate 0.09% 0.46% 0.58%
2013-2018 Annual Rate 0.92% 1.00%
1.18%
2013 Male Population 47.9%
48.9%
49.9%
2013 Female Population 52.1% 51.1% 50.1%
39.2 39.4 38.2
P op u l at i on
2013 Median Age H o u s e ho l d s
2000 Households
3,407
28,932
66,650
2010 Households 3,607
32,166 77,024
2013 Total Households 3,620 32,686 78,597
2018 Total Households 3,792 34,378 83,344
2000-2010 Annual Rate 0.57%
1.07%
1.46%
2010-2013 Annual Rate 0.11% 0.49% 0.62%
2013-2018 Annual Rate 0.93% 1.01% 1.18%
2.11 2.43 2.75
2013 Average Household Size M e d i an H o u s e ho l d Incom e
2013 Median Household Income
$82,428
$108,560 $118,426
2018 Median Household Income
$107,050
$123,984
$135,477
2013-2018 Annual Rate
5.37% 2.69% 2.73%
Av e r ag e H o u s e ho l d Incom e
2013 Average Household Income
$112,792
$139,420
$151,792
2018 Average Household Income
$143,479 $166,944 $180,394
4.93%
3.67% 3.51%
2013 Per Capita Income
$52,025
$57,102 $55,207
2018 Per Capita Income
$66,447
$68,406
$65,595
2013-2018 Annual Rate 5.02%
2013-2018 Annual Rate
P e r C ap i ta Incom e
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D e m o g r a ph i c s
Radius
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 1 mile radius
Summary
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Census 2010
2013
2018
Population
7,615
7,639
7,996
Households
3,607
3,620
3,792
Families
2,019
2,013
2,086
2.11
2.11
2.11
Owner Occupied Housing Units
2,087
2,036
2,242
Renter Occupied Housing Units
1,520
1,584
1,551
38.4
39.2
40.0
Area
0.92%
State
0.96%
National
0.71%
0.93%
0.71%
1.95%
5.37%
0.97%
0.87%
1.30%
3.58%
0.74%
0.63%
0.94%
3.03%
Average Household Size
Median Age
Trends: 2013 - 2018 Annual Rate
Population
Households
Families
Owner HHs
Median Household Income
2013
Households by Income
2018
Number
Percent
Number
<$15,000
223
6.2%
193
Percent
5.1%
$15,000 - $24,999
233
6.4%
172
4.5%
$25,000 - $34,999
264
7.3%
163
4.3%
$35,000 - $49,999
435
12.0%
394
10.4%
$50,000 - $74,999
517
14.3%
441
11.6%
$75,000 - $99,999
392
10.8%
387
10.2%
$100,000 - $149,999
649
17.9%
731
19.3%
$150,000 - $199,999
450
12.4%
704
18.6%
$200,000+
458
12.7%
608
16.0%
Median Household Income
Average Household Income
Per Capita Income
$82,428
$112,792
$52,025
Census 2010
Population by Age
$107,050
$143,479
$66,447
2013
2018
Number
Percent
Number
Percent
Number
0-4
539
7.1%
510
6.7%
517
Percent
6.5%
5-9
433
5.7%
473
6.2%
486
6.1%
10 - 14
357
4.7%
395
5.2%
455
5.7%
15 - 19
310
4.1%
328
4.3%
356
4.5%
20 - 24
339
4.5%
386
5.1%
412
5.2%
25 - 34
1,389
18.2%
1,202
15.7%
1,102
13.8%
35 - 44
1,209
15.9%
1,218
15.9%
1,262
15.8%
45 - 54
1,035
13.6%
1,029
13.5%
1,056
13.2%
55 - 64
981
12.9%
959
12.6%
991
12.4%
65 - 74
668
8.8%
741
9.7%
810
10.1%
75 - 84
267
3.5%
311
4.1%
431
5.4%
87
1.1%
87
1.1%
118
1.5%
Number
Percent
Number
Percent
Number
Percent
White Alone
5,358
70.4%
5,265
68.9%
5,306
66.4%
Black Alone
877
11.5%
940
12.3%
1,078
13.5%
17
0.2%
17
0.2%
18
0.2%
810
10.6%
827
10.8%
911
11.4%
85+
Census 2010
Race and Ethnicity
American Indian Alone
Asian Alone
Pacific Islander Alone
2013
2018
2
0.0%
2
0.0%
2
0.0%
Some Other Race Alone
254
3.3%
276
3.6%
333
4.2%
Two or More Races
297
3.9%
311
4.1%
347
4.3%
Hispanic Origin (Any Race)
720
9.5%
794
10.4%
971
12.1%
Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
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D e m o g r a ph i c s
Demographic and Income Profile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 1 mile radius
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Trends 2013-2018
Annual Rate (in percent)
5
4.5
4
3.5
3
2.5
2
1.5
Area
State
USA
1
0.5
0
Population
Households
Families
Owner HHs
Median HH Income
Population by Age
14
Percent
12
10
8
6
4
2013
2018
2
0-4
5-9
10-14
15-19
20-24
2013 Household Income
$35K - $49K
12.0%
$50K - $74K
14.3%
25-34
35-44
45-54
55-64
65-74
75-84
85+
2013 Population by Race
65
$25K - $34K
7.3%
60
55
$15K - $24K
6.4%
<$15K
6.2%
$75K - $99K
10.8%
50
45
Percent
0
40
35
30
25
20
$200K+
12.6%
15
10
$100K - $149K
17.9%
5
$150K - $199K
12.4%
0
White
Black
Am. Ind.
Asian
Pacific
Other
Two+
2013 Percent Hispanic Origin: 10.4%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
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D e m o g r a ph i c s
Demographic and Income Profile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 3 mile radius
Summary
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Census 2010
2013
2018
Population
78,431
79,606
83,672
Households
32,166
32,686
34,378
Families
20,448
20,709
21,650
2.43
2.43
2.43
Owner Occupied Housing Units
22,165
21,891
23,513
Renter Occupied Housing Units
10,001
10,795
10,864
38.5
39.4
40.5
Area
1.00%
State
0.96%
National
0.71%
1.01%
0.89%
1.44%
2.69%
0.97%
0.87%
1.30%
3.58%
0.74%
0.63%
0.94%
3.03%
Average Household Size
Median Age
Trends: 2013 - 2018 Annual Rate
Population
Households
Families
Owner HHs
Median Household Income
2013
Households by Income
2018
Number
Percent
Number
Percent
1,341
4.1%
1,187
3.5%
$15,000 - $24,999
950
2.9%
723
2.1%
$25,000 - $34,999
1,734
5.3%
1,141
3.3%
<$15,000
$35,000 - $49,999
2,951
9.0%
2,723
7.9%
$50,000 - $74,999
3,885
11.9%
3,199
9.3%
$75,000 - $99,999
3,745
11.5%
3,745
10.9%
$100,000 - $149,999
7,097
21.7%
7,655
22.3%
$150,000 - $199,999
4,626
14.2%
6,677
19.4%
$200,000+
6,356
19.4%
7,328
21.3%
Median Household Income
Average Household Income
Per Capita Income
$108,560
$139,420
$57,102
Census 2010
Population by Age
$123,984
$166,944
$68,406
2013
2018
Number
Percent
Number
Percent
Number
0-4
5,343
6.8%
5,046
6.3%
5,144
Percent
6.1%
5-9
5,019
6.4%
5,238
6.6%
5,446
6.5%
10 - 14
4,679
6.0%
5,053
6.3%
5,661
6.8%
15 - 19
3,905
5.0%
4,137
5.2%
4,430
5.3%
20 - 24
3,413
4.4%
3,779
4.7%
3,934
4.7%
25 - 34
12,423
15.8%
11,173
14.0%
10,207
12.2%
35 - 44
12,444
15.9%
12,283
15.4%
12,590
15.0%
45 - 54
12,265
15.6%
12,007
15.1%
12,020
14.4%
55 - 64
10,511
13.4%
10,850
13.6%
11,420
13.6%
65 - 74
5,560
7.1%
6,721
8.4%
8,289
9.9%
75 - 84
2,139
2.7%
2,525
3.2%
3,536
4.2%
729
0.9%
794
1.0%
995
85+
Census 2010
Race and Ethnicity
2013
1.2%
2018
Number
Percent
Number
Percent
Number
Percent
White Alone
55,384
70.6%
54,964
69.0%
55,526
66.4%
Black Alone
6,533
8.3%
7,194
9.0%
8,413
10.1%
233
0.3%
237
0.3%
263
0.3%
9,502
12.1%
9,783
12.3%
10,760
12.9%
American Indian Alone
Asian Alone
34
0.0%
34
0.0%
40
0.0%
Some Other Race Alone
Pacific Islander Alone
3,558
4.5%
3,958
5.0%
4,760
5.7%
Two or More Races
3,187
4.1%
3,434
4.3%
3,910
4.7%
Hispanic Origin (Any Race)
9,385
12.0%
10,513
13.2%
12,831
15.3%
Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
©2013 Esri
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D e m o g r a ph i c s
Demographic and Income Profile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 3 mile radius
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Trends 2013-2018
Annual Rate (in percent)
3.5
3
2.5
2
1.5
1
Area
State
USA
0.5
0
Population
Households
Families
Owner HHs
Median HH Income
Percent
Population by Age
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
0
2013
2018
0-4
5-9
10-14
15-19
20-24
25-34
35-44
2013 Household Income
$50K - $74K
11.9%
$75K - $99K
11.5%
45-54
55-64
65-74
75-84
85+
2013 Population by Race
65
$35K - $49K
9.0%
60
55
$25K - $34K
5.3%
50
$15K - $24K
2.9%
45
Percent
<$15K
4.1%
40
35
30
25
20
$100K - $149K
21.7%
15
$200K+
19.4%
10
5
0
$150K - $199K
14.2%
White
Black
Am. Ind.
Asian
Pacific
Other
Two+
2013 Percent Hispanic Origin: 13.2%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
©2013 Esri
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D e m o g r a ph i c s
Demographic and Income Profile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 5 mile radius
Summary
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Census 2010
2013
2018
212,470
216,527
229,653
Households
77,024
78,597
83,344
Families
55,733
56,736
59,914
2.75
2.75
2.75
Owner Occupied Housing Units
55,713
55,481
59,800
Renter Occupied Housing Units
21,311
23,116
23,543
37.4
38.2
39.3
Area
1.18%
State
0.96%
National
0.71%
1.18%
1.10%
1.51%
2.73%
0.97%
0.87%
1.30%
3.58%
0.74%
0.63%
0.94%
3.03%
Population
Average Household Size
Median Age
Trends: 2013 - 2018 Annual Rate
Population
Households
Families
Owner HHs
Median Household Income
2013
Households by Income
2018
Number
Percent
Number
<$15,000
2,572
3.3%
2,294
Percent
2.8%
$15,000 - $24,999
2,351
3.0%
1,799
2.2%
$25,000 - $34,999
3,161
4.0%
2,088
2.5%
$35,000 - $49,999
6,025
7.7%
5,553
6.7%
$50,000 - $74,999
8,529
10.9%
7,258
8.7%
$75,000 - $99,999
8,596
10.9%
8,615
10.3%
$100,000 - $149,999
17,087
21.7%
17,937
21.5%
$150,000 - $199,999
12,059
15.3%
17,045
20.5%
$200,000+
18,216
23.2%
20,754
24.9%
Median Household Income
Average Household Income
Per Capita Income
$118,426
$151,792
$55,207
Census 2010
Population by Age
$135,477
$180,394
$65,595
2013
2018
Number
Percent
Number
Percent
Number
0-4
14,789
7.0%
14,058
6.5%
14,580
Percent
6.3%
5-9
15,137
7.1%
15,483
7.2%
16,394
7.1%
10 - 14
15,112
7.1%
16,029
7.4%
17,797
7.7%
15 - 19
12,743
6.0%
13,150
6.1%
13,819
6.0%
20 - 24
9,801
4.6%
10,401
4.8%
10,018
4.4%
25 - 34
30,957
14.6%
29,218
13.5%
27,047
11.8%
35 - 44
32,866
15.5%
32,096
14.8%
34,721
15.1%
45 - 54
35,206
16.6%
34,149
15.8%
33,762
14.7%
55 - 64
26,752
12.6%
28,916
13.4%
31,387
13.7%
65 - 74
12,684
6.0%
15,549
7.2%
20,094
8.7%
75 - 84
4,794
2.3%
5,687
2.6%
7,823
3.4%
1,629
0.8%
1,789
0.8%
2,211
85+
Census 2010
Race and Ethnicity
2013
1.0%
2018
Number
Percent
Number
Percent
Number
Percent
White Alone
140,722
66.2%
139,878
64.6%
141,615
61.7%
Black Alone
14,887
7.0%
16,531
7.6%
19,487
8.5%
665
0.3%
682
0.3%
769
0.3%
36,097
17.0%
37,215
17.2%
41,276
18.0%
95
0.0%
100
0.0%
119
0.1%
11,752
5.5%
13,201
6.1%
16,144
7.0%
8,251
3.9%
8,920
4.1%
10,243
4.5%
28,170
13.3%
31,591
14.6%
38,725
16.9%
American Indian Alone
Asian Alone
Pacific Islander Alone
Some Other Race Alone
Two or More Races
Hispanic Origin (Any Race)
Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
©2013 Esri
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Page 5 of 6
D e m o g r a ph i c s
Demographic and Income Profile
N E T
L E A S E
S I T E
R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Demographic and Income Profile
1821 Wiehle Ave, Reston, VA, 20190
Ring: 5 mile radius
Prepared by Jonathan Hipp
Latitude: 38.950781099
Longitude: -77.33552107
Trends 2013-2018
Annual Rate (in percent)
3.5
3
2.5
2
1.5
1
Area
State
USA
0.5
0
Population
Households
Families
Owner HHs
Median HH Income
Population by Age
14
Percent
12
10
8
6
4
2013
2018
2
0
0-4
5-9
10-14
15-19
20-24
25-34
35-44
2013 Household Income
$75K - $99K
10.9%
45-54
55-64
65-74
75-84
85+
2013 Population by Race
$50K - $74K
10.9%
60
$35K - $49K
7.7%
55
$25K - $34K
4.0%
50
45
$15K - $24K
3.0%
$100K - $149K
21.7%
40
Percent
<$15K
3.3%
35
30
25
20
15
10
$200K+
23.2%
5
$150K - $199K
15.3%
0
White
Black
Am. Ind.
Asian
Pacific
Other
Two+
2013 Percent Hispanic Origin: 14.6%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
October 30, 2013
©2013 Esri
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D e m o g r a ph i c s
Demographic and Income Profile
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R E P O R T
Pizza Hut | 1821 Wiehle Avenue, Reston VA
Lo cation
Traffic Count Map
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
Distance StreetClosest Cross-streetYear Count
Wiehle Ave Isaac Newton Sq S (0.05 miles N) 2010 26,000
0.17 Wiehle Ave Washington Dulles Access & Toll Rd (0.11 miles SW)
2010 34,0
0.26 Wiehle Ave Chestnut Grove Sq (0.03 miles N) 2010 21,000
0.50 Washington Dulles & Toll Rd Wiehle Ave (0.43 miles W) 2010 125,000
0.55 N Shore Dr Parkcrest Cir (0.06 miles NE) 1993 5,400
0.56
Bus Center Dr Sunset Hills Rd (0.0 miles S) 2010 8,900
0.57 Links Dr Links Ct (0.0 miles NW) 2009 0.61 Washington Dulles & Toll Rd Reston Pkwy (0.53 miles W) 2010
0.66 Links Dr Torrey Pines Ct (0.1 miles S)
2009 630
0.68 Dressage Dr Pony Club Ct (0.08 miles NE) 2005 2,800
0.68 Sunrise Valley Dr Preston White Dr (0.05 miles E) 2010 21,000
0.72 Wiehle Ave Fairway Dr (0.12 miles N) 2010 18,000
0.76 Sunset Hills Rd Plaza America Dr (0.05 miles NW) 2010 22,000
0.82 Fairway Dr Shagbark Cir (0.03 miles SE) 2005 1,500
0.82 S Lakes Dr Sagewood Ln (0.01 miles N) 1995 10,000
0.90
Soapstone Dr Durand Dr (0.06 miles NW)
2010 6,300
0.95 Barton Hill Rd Barton Hill Ct (0.07 miles S) 2005 1,200
0.97 Wiehle Ave Inlet Ct (0.09 miles N) 2010 17,000
0.98 Ridge Heights Rd Lirio Ct (0.02 miles E) 2005
1.00 Sunset Hills Rd Reston Pkwy (0.12 miles W)
1995 21,000
1.01 Old Reston Ave Sycamore Valley Dr (0.03 miles NW) 2009 4,500
1.02
Sunrise Valley Dr Roland Clarke Pl (0.19 miles E) 2010 22,000
1.06 S Lakes Dr
Ridge Heights Rd (0.1 miles SW) 1995 10,000
1.07 Ridge Heights Rd Lakewinds Dr (0.02 miles NW) 2005 1,900
1.13 N Shore Dr Clubhouse Rd (0.01 miles E) 2002 5,100
1.16 Reston Pkwy Market St (0.01 miles N) 2007 28,000
1.16 S Lakes Dr Ridge Heights Rd (0.03 miles NE) 2010 7,300
1.17 Ridge Heights Rd Owls Cove Ln (0.02 miles SE) 2005 1,800
1.17 Temporary Rd Reston Pkwy (0.04 miles W)
2010 11,000
1.18 Reston Pkwy Sunrise Valley Dr (0.22 miles SW)
2010 48,000
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108,000
1,700
Ov ervie w
0.01 Lo cation
Traffic Count Profile
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
Lo cation
Traffic Count Map - Close Up
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
si te
Site Requirements
Burger King
Freestanding
Site Criteria
Lot size: min 20,400 sq. ft.
Building area: 2,000 to 3,500 sq. ft.
Parking 25 - 40 +
Seating 40 – 80
Re quiremen t s
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Shopping Centers, Malls, and Storefronts
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Flexible Footprint
600-2300 sq ft
Variable Seating
High pedestrian foot traffic
Prominent location
Directional/blade signs
M cDona l d s
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50,000+/- SF
Corner or corner wrap w/signage on two major streets
Signalized intersection
Ability to build up to 4,000 sq ft
Parking to meet all applicable codes
Ability to build up to a minimum height of 23’4”
K F C ( W i th D r i v e T h r u )
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Lot Size: 35,000 SF
Dimensions: 140’ W x 250’ D
Building Area: 2,500 SF - 3,200 SF
Parking: 35+
Seating: 60-85
Traffic: 25,000+ ADT
Population: 20,000 in Immediate TA
Preferred “A” sites: Corner of Lighted Intersections, Shopping Center Outparcels
Site Qualities: High Visibility, Prominence, Easy Accessibility, Going Home Side
Acquisition Strategy: 1). Purchase 2). Ground Lease with Purchase Option
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
P i z z a H u t ( F r e e s tan d i n g )
Lot Size: 15 - 25,000 SF (Delivery) 30 - 45,000 SF(Dine In)
Ideal Frontage: 90’ (Delivery) 135 - 185’ (Dine In)
Building Area: 1,100 SF - 1,500 SF (Delivery) 2,200 SF - 4,000 SF (Dine In)
Parking: 15-20 (Delivery) 30-60 (Dine In)
Seating: 8-12 (Delivery) 30-60 (Dine In)
Traffic: 20,000 ADT
Population: 20,000 3+ Miles (Delivery) 10,000 3+ Miles (Dine In)
Site Qualities: High High Visibility, Prominence, Easy Ingress & Egress, Going Home Side of Street
Taco B e l l ( F r e e s tan d i n g )
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Lot Size: 30,000 SF
Dimensions: 120’ W x 250’ D
Building Area: 2,600 SF
Parking: 30+
Seating:
50-70
Traffic: 25,000+ ADT
Population: 20,000 in Immediate TA
Preferred “A” sites: Corner of Lighted Intersections, Shopping Center Outparcels
Site Qualities: High Visibility, Prominence, Easy Accessibility, Going Home Side
Acquisition Strategy:
1). Purchase 2). Ground Lease with Purchase Option
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Re quiremen t s
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Si te
Site Requirements
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Contact | About Us
Contact
Winston Orzechowski
Research Director
Tel. (571) 449-8146
worzechowski@calkain.com
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Calkain Companies is a national commercial real estate services firm, focusing on net lease investments. We provide brokerage and advisory services for both private and institutional
clientele.
Calkain has utilized our extensive network of solid relationships to successfully complete over $8 billion in sales and has
consistently ranked as one of the top national net lease investment brokerage firms and is constantly sought after for industry expertise, commentary, news and trends.
O UR H IS TO R Y
Since opening our first office in Reston, VA (a Washington, DC
suburb), Calkain has been an innovator in the net lease space
and has been recognized throughout the nation’s investment
community as such. While Calkain has grown tremendously,
we’ve stayed true to the basics; client service. Since its inception, Calkain has grown to six strategically located offices and has added service lines that assist our clients in the entire life cycle of property ownership
from acquisition through ownership and ultimately to disposition.
Calkain consistently delivers acquisition and disposition services to clients seeking to capitalize and invest in
office, industrial and retail net leased assets. Additionally, it has begun ground breaking advances with a new
specialization in urban communities as well as net lease investment research. Calkain has been a proven
industry leader in providing its clients with the most up-to-date information and strategies for working with
their income producing assets. Most notably, Calkain’s principals wrote the only published book solely dedicated to Triple Net Lease Investments entitled The Little Book of Triple Net Lease Investing (Hipp, Jonathan
and Sobelman, David: Createspace: 2010), with the Second Edition released in 2012.
Calkain has developed a culture of excellence that is evident in every interaction with our professionals.
This culture ultimately helps attract and retain the best people and benefits our clients with the wealth of
experience each member of Calkain’s team possesses. Our commitment to our clients has made Calkain the
industry standard for service in the net lease industry. Also, by promoting public service and philanthropy to
its employees, Calkain demonstrates its commitment to the communities we do business in.
M I D - AT L A N T I C
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C A L K A I N C O M P A N I E S
N O R T H E A S T | S O U T H E A S T
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Pizza Hut | 1821 Wiehle Avenue, Reston VA
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