MSC is proud to exclusively present a brand new 10,000 square foot, 3-tenant state-of-the-art net lease retail center opportunity
in the heart of the King of Prussia (KOP) Pennsylvania. This offering currently features new leases with two publicly traded
national tenants, CAVA (NYSE:CAVA) and First Watch (NASDAQ:FRWG), both with over 300 locations nationwide. MSC has
been involved in the leasing of this project since its inception and has meticulously handpicked these two tenants from a large
pool of interested parties. MSC received over 10 exclusive LOIs for two available spaces. Currently, MSC is in the process of
carefully selecting the final tenant to best synergize the uses and maximize the benefit to the overall project. Additionally,
directly adjacent to the retail center are two new multi-story developments that were just completed. Both Residence Inn, a
136 room residence and Hotel Prussia, a 68 room residence will be featured on site.
Located in KOP, one of the most renowned and desirable retail markets in the country, the property benefits from over
9 million square feet of retail space within a 3-mile radius, including the King of Prussia Mall, one of the nation’s most
prominent malls. Within this radius, there are 67,438 residents with an affluent average household income of $173,705. The
King of Prussia Mall features 450 stores, attracts 22 million annual visitors, and offers 2.9 million square feet of retail space.
Additionally, there are 28,000 housing units and 3,000 hotel rooms within a 3-mile radius of the site. King of Prussia, attracts
25 million annual shoppers, generating $11.3 billion in consumer spending.
The property, located along Route 202 (63,449 VPD) and Gulph Road (25,852 VPD) in King of Prussia, benefits from significant
traffic exposure and is just 25 minutes from Center City Philadelphia. This strategic location ensures its appeal and long-term
value in one of the most desirable and high barriers to entry markets in the country. This property offers an