MOUNT PENN PLAZA2548 PERKIOMEN AVENUE READING, PA

Subject PropertyMount Penn

Primary Center(169 Total Enrolled)

M

Perkio

men A

ve (1

3,096

VPD)

Exeter Commons

Anietam Valley Shopping Center

Perk

iom

en A

ve (1

3,09

6 VPD)

Subject Property

Mount PennPrimary Center

(169 Total Enrolled)

Anietam Valley Shopping CenterMount Penn

Elementary Center(448 Total Enrolled)

Exeter Township Senior High School

(1,370 Total Enrolled)

Exeter Commons

Perkiomen Ave (13,096 VPD)

Perkiomen Ave (13,096 VPD)

Benjamin Franklin Hwy (422)

EXECUTIVE SUMMARYREADING, PA | PERKIOMEN AVE.

Mount Penn Plaza

M

ParkWest Town Center(305k Square Feet of Retail)

Coming Soon

Mount Penn Plaza

SITE PLAN

TENANT NRSF GLA %

Building 1

(1) Tobacco Shop 2,300 9.45%

(2) Metro PCS 2,375 9.76%

(3) Frank's Pizza 2,000 8.22%

(4) Dollar Tree 10,661 43.81%

Pad Site

(5) Advance Auto Parts 7,000 28.76%

24,336 100%

1 2 3 4

5

Antietam Academy

Alternative Education

TENANT OVERVIEWSREADING, PA | PERKIOMEN AVE.

Mount Penn Plaza

M

ParkWest Town Center(305k Square Feet of Retail)

Coming Soon

Mount Penn Plaza

TENANT DESCRIPTIONSTENANT DESCRIPTION HEADQUARTERS CREDIT RATING LOCATIONS EMPLOYEES

Advance Auto Parts was founded in 1929 and is headquartered in

Roanoke, Virginia. Their operation consists of 5,183 Advance Auto

Parts branded stores, and have a heavy focus on serving do-it-for-me,

Commercial, and do-it-yourself, customers as well as independently-

owned operators. These stores carry a wide variety of products serving an

aftermarket auto part needs for both domestic and import vehicles.

Roanoke,

Virginia

S&P: BBB-

Moody’s: Baa25,180+/- 70,000+/-

Dollar Tree, Inc. (NASDAQ: DLTR) is an American chain of discount

variety stores that sells every item for $1.00 or less. A Fortune 500

company, Dollar Tree is headquartered in Chesapeake, Virginia and

operates over 15,000 stores throughout the 48 contiguous U.S. states and

in Canada. Its stores are supported by a nationwide logistics network of

twelve distribution centers.

Chesapeake,

Virginia

S&P: BBB-Moody’s: Baa3

13,600+/- 176,000+/-

Metro by T-Mobile (formerly known as MetroPCS) is a prepaid wireless

carrier brand owned by T-Mobile US. It previously operated the fifth

largest mobile telecommunications network in the United States using

code division multiple access. In 2013, the carrier engaged in a reverse

merger with T-Mobile USA; post-merger, its services were merged under

T-Mobile’s 4G and LTE network.

Richardson,

Texas- 2,200+/- -

Franks Pizza is a locally operated business serving Italian delicacies. We use the highest quality ingredients to handcraft the healthiest and the most delicious Italian food in this area. Franks Pizza guarantees you the highest quality food.

Mount Penn,

PennsylvaniaPrivate 1 Location -

Smokes Outlet is proud to offer for sale top smoking technologies & accessories. Smokes Outlet has everything a smoker needs, from simple smoking accessories to high quality exclusive products. Customers can enjoy Vapes, Waterpipes, Hookahs, Handpipes and much more!!! Smokes Outlet has everything a smoker needs, from simple smoking accessories to high quality exclusive products.

Mount Penn,

PennsylvaniaPrivate 1 Location -

Smokes OutletMount Penn, PA

Franks PizzaMount Penn, PA

MARKET OVERVIEWREADING, PA | PERKIOMEN AVE.

Mount Penn Plaza

M

ParkWest Town Center(305k Square Feet of Retail)

Coming Soon

VALUE ADD CMX3 BUILDING

PARKSIDE LOFTS

Reading, PA

18 | Mount Penn Plaza

RADIUS 1 MILE 3 MILE 5 MILES

Average HH Income $68,303 $57,571 $64,353

Median HH Income $50,814 $40,645 $45,194

Population 9,855 104,399 169,946

Households(#) 3,902 36,536 62,796

Median Age 38.70 35.90 37.60

Rich History With Excellent DemographicsReading is located in the midst of Berks County, an area known for rich history amongst

beautiful nature. The Greater Reading Area promises visitors the opportunity to experience

a wide collection of covered bridges and Dutch folk barn art, and Berks County offers more

intrepid explorers the chance to set off on a hike along the Appalachian Trail. 104,399Population

within a 3 mile radius

$57,571AVG. HH Income

within a 3 mile radius

3.7%Unemployment Rate

within a 3 mile radius

0.6%Job Growth Rate

Reading, PA

1.04%Population Growth

within a 3 mile radius

Leading Industrial and Trade Complexeslocated in the heart of the Delaware Valley Region

Reading, PA

AREA DEMOGRAPHICS

Reading, PA

ECONOMY & TRAVELLocal Economy With a population of 87,575, it is the fifth-largest city in Pennsylvania. Located in the southeastern part of the state, it is the principal city of the Greater Reading Area. The city is strategically situated along a major transportation route from Central to Eastern Pennsylvania, and lent its name to the now defunct Reading Railroad, which transported coal from the Pennsylvania Coal Region to the east coast.

Top Employers

Organization/Company Industry Type

Reading Hospital Healthcare

East Penn Manufacturing Co. Manufacturing

Carpenter Skilled Trade

County of Berks Utilities

Reading School District Education

Pennsylvania Government Government

Wal-Mart Stores, Inc. Retail/Distribution

St. Joseph Medical Center Healthcare

Penske Truck Leasing Transportation

The city, which is approximately halfway between the state’s most populous city, Philadelphia, and the state capital, Harrisburg (as well as about halfway between Allentown and Lancaster) is strategically situated along a major transportation route from Central to Eastern Pennsylvania,

The eastern spur, located entirely within Pennsylvania,

begins in Hershey and ends at King of Prussia, PA, near

Philadelphia.

U.S. Route 222 Business (US 222 Bus.) is a 12.17-mile

(19.59 km) business route of US 222 located in Reading,

Pennsylvania.

I-176 is a spur route of eastern Interstate 76 in PA. I-176,

known locally as the “Morgantown Expressway”, travels

from Morgantown to Cumru Township in Berks County.

176In Pennsylvania, I-76 runs across most of the state on

the Pennsylvania Turnpike, passing near Pittsburgh and

Harrisburg before leaving to enter Philadelphia

20 | Mount Penn Plaza

Reading, PA

LOCATION OVERVIEW

The city of Reading, located in southeastern Pennsylvania, is the principal city of the Greater Reading Area and the county seat for Berks County. With a population of 88,082 as of the 2010 census, it is the fifth most populated city in the state, after Philadelphia, Pittsburgh, Allentown and Erie, and the sixth most-populous municipality. Today, Reading is a city pulsating with industrial life. It is also well equipped with agencies that represent civilization at it’s best-churches, hospitals, clubs, fraternal societies, recreational centers, schools and colleges, a historical society, an art institute as well as a daily newspaper.

5thMOST POPULOUS CITY IN STATE OF PENNSYLVANIA

55milesMILES FROM CENTER CITY

PHILADELPHIA

3milesTO THE CENTER OF

DOWNTOWN READING

TOP 4UP AND COMING

NEIGHBORHOODS-NBC TODAY 2017

4MAJOR COLLEGES

AND UNIVERSITIES IN READING, PA

6millionPOPULATION OF THE DELAWARE

VALLEY MSA

TOWER HEALTH:• What began as a large, single hospital in Reading has now become a network of accessible, nationally recognized centers of care throughout the region.

• Tower Health brings together more than 11,000 dedicated team members, 2,000 nationally recognized physicians, specialists and providers across 65 convenient locations.

PRETZEL CITY:• Reading has been known as “The Pretzel City”, because of numerous local pretzel bakeries.

• Currently, Bachman, Dieffenbach, Tom Sturgis, and Unique Pretzel bakeries call the Reading area home.