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THE RISE ±11,000 SF GROUND FLOOR RETAIL IN MIXED - USE DEVELOPMENT

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Page 1: THE RISE in mixed sf use ground development floor retail · THE RISE 3 ast College Avenue • State College, PA MATTHEW STEIN eSeac 2134 MARIA MAINARDI aaSeac 21333 For ore ino, lease

THE RISE ±11,000 sf ground floor retail in mixed-use development

Page 2: THE RISE in mixed sf use ground development floor retail · THE RISE 3 ast College Avenue • State College, PA MATTHEW STEIN eSeac 2134 MARIA MAINARDI aaSeac 21333 For ore ino, lease

THE RISE538 East College Avenue • State College, PA

MATTHEW [email protected]

215.883.7407

MARIA [email protected]

215.883.7393

For more info, please contact:

• New construction, mixed-use development comprised of retail, student housing and professional apartments

• ±11,000 SF of ground floor retail with 586 residential beds above

• Located at Penn State’s Main Campus with approximately 45,000 undergraduate students

• Situated off the main artery into town, serving as the entrance of College Avenue with fantastic visibility along the main retail thoroughfare in State College

• Delivery to retailers Summer 2018

±11,000 SF Ground Floor Retail in Mixed-Use Development

PROPERTY DETAILS

DEMOGRAPHICSPOPULATION

1 mile: 33,969 3 miles: 76,065

AVERAGE HH INCOME

1 mile: $48,138 3 miles: $65,028

EST. MEDIAN AGE

1 mile: 23.5 3 miles: 28.4

EST. TOTAL EMPLOYEES

1 mile: 14,408 3 miles: 37,244

PENN STATE UNIVERSITY

Undergraduate Students ±40,500Graduate ±7,000

ADDITIONAL STATISTICS

±2 million annual visitors to Downtown State College

Out-of-state visitors spend nearly $800M annually

Page 3: THE RISE in mixed sf use ground development floor retail · THE RISE 3 ast College Avenue • State College, PA MATTHEW STEIN eSeac 2134 MARIA MAINARDI aaSeac 21333 For ore ino, lease

THE RISE538 East College Avenue • State College, PA

MATTHEW [email protected]

215.883.7407

MARIA [email protected]

215.883.7393

For more info, please contact:

The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.

Site Plan

Space 1

3,644

14’ 3”

14’ 3”

14’ 3”

Space 2

Space 3 2,638

3,086

1,518

Space 4 15’ 0”

Location Area (SF) Usable Height

Page 1 of 1

C O L L E G E A V E N U E

HI

GH

S

TR

EE

T

RAMP DOWN TO RETAIL PARKING:

±20 SPACES

COVERED OUTDOOR PATIO

RETAILSPACE 11,518 SF

RETAILSPACE 23,086 SF

RETAILSPACE 32,638 SF

RETAILSPACE 43,644 SF

Page 4: THE RISE in mixed sf use ground development floor retail · THE RISE 3 ast College Avenue • State College, PA MATTHEW STEIN eSeac 2134 MARIA MAINARDI aaSeac 21333 For ore ino, lease

valley vista dr

n. atherton st

w. colle

ge ave (5,600

aadt)

(17,000 aadt)

(9,500

aadt)(22,000 aadt)

s. atherton st

mt. nittany expressway

university dr

99INTERSTATE

322ROUTE

Beaver Stadium

COLONADE AT STATE COLLEGE

NORTH ATHERTON PLACE

NORTH ATHERTON SHOPPES

NORTH LAND CENTER

DOWNTOWN SHOPPING CENTER

NITTANY MALL

STAT

E CO

LLEG

E, PA

THE RISE538 East College Avenue • State College, PA

MATTHEW [email protected]

215.883.7407

MARIA [email protected]

215.883.7393

For more info, please contact:

SITE

The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.

Aerial

Page 5: THE RISE in mixed sf use ground development floor retail · THE RISE 3 ast College Avenue • State College, PA MATTHEW STEIN eSeac 2134 MARIA MAINARDI aaSeac 21333 For ore ino, lease

THE RISE538 East College Avenue • State College, PA

MATTHEW [email protected]

215.883.7407

MARIA [email protected]

215.883.7393

For more info, please contact:

Strip Map

The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.

PORTER RD

UNIVERSITY DR

COLLE

GE AVE

PARK

AVE

SHORTLIDGE RD

N. ATHERTON RD

POLL

OCK R

D

PARK AVE.INTRAMURAL

FIELDS

The NittanyLion Shrine

Pattee &Paterno Library

BerkeyCreamery

Old Main

BEAVERSTADIUM

BRYCEJORDANCENTER

SOUTH

HALL

S

Walking Distance from The Rise:

miles minutes

Beaver Stadium 1.0

Old Main 0.6 14

18

Shortlidge 0.2 5

SITE