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PROPOSED DEVELOPMENT - RETAIL 1694 N. Atherton Street | State College, PA 16803 Visit watersretailgroup.com for leasing opportunities. 200 Old Forge Lane, Suite 201 Kennett Square, PA 19348 610.388.6600 tel | 610.388.6605 fax LANDLORD REPRESENTATION | TENANT REPRESENTATION | DEVELOPMENT | BROKERAGE SERVICES CONSTRUCTION MANAGEMENT | RESTAURANT / RETAIL ± 2,100 SF (± 700 SF SEATING AREA) DEMOGRAPHICS 2018 Estimated Population: 1 MILE – 14,192 3 MILES – 68,512 5 MILES – 87,631 2023 Population Projections: 1 MILES – 15,377 3 MILES – 72,208 5 MILES – 92,555 2018 Estimated Average Household Income: 1 MILES – $78,146 3 MILES – $75,403 5 MILES – $82,944 PROPERTY HIGHLIGHTS ± 2,100 SF of prime retail space in State College, PA Property fronts on N. Atherton Street with exceptional visibility Surrounding retailers include Wal-Mart, Wegmans, Target, Trader Joe’s and Kohl’s Located in a densely populated community with over 87,000 people in a 5-mile radius Less than 3 miles from Pennsylvania State University (46,000+ students) N. ATHERTON STREET MARTIN STREET WEST ARRON DRIVE High traffic counts of 21,000 VPD on N. Atherton Street PAD 1 - ± 2,100 SF OF RETAIL - 9 SPACES REQ. - 15 SPACES PROVIDED

PROPOSED DEVELOPMENT - RETAIL...Trader Joe’s and Kohl’s Located in a densely populated community with over 87,000 people in a 5-mile radius Less than 3 miles from Pennsylvania

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Page 1: PROPOSED DEVELOPMENT - RETAIL...Trader Joe’s and Kohl’s Located in a densely populated community with over 87,000 people in a 5-mile radius Less than 3 miles from Pennsylvania

PROPOSED DEVELOPMENT - RETAIL1694 N. Atherton Street | State College, PA 16803

Visit watersretailgroup.com for leasing opportunities.

200 Old Forge Lane, Suite 201

Kennett Square, PA 19348

610.388.6600 tel | 610.388.6605 fax

LANDLORD REPRESENTA TION | TENANT REPRESENT ATION | DEVELOPMENT | BROKE RAGE SERVICES CONSTRUCTION MANAGEMENT |

RESTAURANT / RETAIL± 2,100 SF

(± 700 SF SEATING AREA)

tunities.

1

8

x

KEERAGE SERVICES

DEMOGRAPHICS

2018 Estimated Population:

1 MILE – 14,192 3 MILES – 68,512 5 MILES – 87,631

2023 Population Projections:

1 MILES – 15,377 3 MILES – 72,208 5 MILES – 92,555

2018 Estimated Average Household Income:

1 MILES – $78,146 3 MILES – $75,403 5 MILES – $82,944

PROPERTY HIGHLIGHTS

± 2,100 SF of prime retail space in State College, PA

Property fronts on N. Atherton Street with exceptional visibility

Surrounding retailers include Wal-Mart, Wegmans, Target,Trader Joe’s and Kohl’s

Located in a densely populated community with over 87,000 people in a 5-mile radius

Less than 3 miles from Pennsylvania State University(46,000+ students)

N. ATHERTON STREET

MARTIN STREET

WEST ARRON D

RIVE

High tra�c counts of 21,000 VPD on N. Atherton Street

PAD 1- ± 2,100 SF OF RETAIL- 9 SPACES REQ.- 15 SPACES PROVIDED

Page 2: PROPOSED DEVELOPMENT - RETAIL...Trader Joe’s and Kohl’s Located in a densely populated community with over 87,000 people in a 5-mile radius Less than 3 miles from Pennsylvania

PROPOSED DEVELOPMENT - RETAIL1694 N. Atherton Street | State College, PA 16803

NORTHLAND CENTER

COLONNADE AT STATE COLLEGE

WILLIAMSBURG SQUARE

NORTHLAND CENTERND CENTER

The Bryn Student Living

Park Crest Terrace Apartments

The Park at State College

Park ForestApartments

NORTH ATATA HERTONPLACE

Univeristy Park

LANDLORD REPRESENTATION | TENANT REPRESENTATION | DEVELOPMENT | CONSTRUCTION MANAGEMENT | BROKERAGE SERVICES BROKERAGE SERVICES

Visit watersretailgroup com for leasing opportunities.

200 Old Forge Lane, Suite 201

Kennett Square, PA 19348

610.388 6600 tel | 610.388 6605 fax

Advance

Page 3: PROPOSED DEVELOPMENT - RETAIL...Trader Joe’s and Kohl’s Located in a densely populated community with over 87,000 people in a 5-mile radius Less than 3 miles from Pennsylvania

Advance Visit watersretailgroup.com for leasing opportunities.

200 Old Forge Lane, Suite 201

Kennett Square, PA 19348

610.388.6600 tel | 610.388.6605 fax

ADVANCE WITH CONFIDENCE

We are Waters Retail Group, a leading Mid-Atlantic real estate

services firm offering customized landlord representation,

tenant representation, development, brokerage services, and construction management solutions that empower our clients to advance.

Our seasoned team of expert development professionals, former

supermarket executives, skilled leasing agents, property and

construction managers, and financing and equity partners has

over 115 years of combined experience. We take a hands-on

approach, treating every property as if it were our own. As a result,

we turn our clients’ toughest retail challenges into success stories.

With a historical occupancy rate of over

with staying power.

WATERS RETAIL GROUP AT A GLANCE

Inception: 1985

Headquarters: Kennett Square, PA

Portfolio: 2.8 million square feet in 3 states

Retail Sales: $800 million annually

Properties Leased & Managed: 25

Financing: $750 million in construction, permanent, and

refinancing loans closed

Tenants Served: 385 national, regional, and local tenants

Centers Developed: 29 (3.6 million square feet)

BENEFITS WITH YOUR INVESTMENT

More than 115 years of combined experience in commercial

real estate

In-depth market knowledge and competitive insight for sound

decision making

Targeted marketing campaigns that result in the right tenant mix

Quality lease negotiations that protect your investment

Long-term tenant and broker relationships

SERVICES THAT ENHANCE AND ADVANCE

No two properties are alike. That’s exactly why Waters Retail

your assets. We use an integrated strategy that starts with local

consumer shopping trends and market insight. We assess curb

appeal, tenant mix, tenant placement, and cultivate relationships

with municipalities. Finally, the Waters Retail Group team looks at

lowering vendor care costs to increase cash flow.

To date, we have successfully leased and managed more than

4,000,000 square feet of retail space spanning from Pennsylvania

to Virginia. Centers under our attention contain more than 385

national, regional and local tenants, and achieve more than

$800,000,000 in annual retail sales.

LANDLORD REPRESENTA TION | TENANT REPRESENT ATION | DEVELOPMENT | CONSTRUCTION MANAGEMENT | BROKE RAGE SERVICES

Group offers a full suite of services to maximize the value of

98%, Waters Retail Group �nds tenants