148 w. state street 10242011

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The Liberty Place at Kennett Square 148 West State Street The perfect venue to work and dine. A suburban setting rich with culture and distinctive taste Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

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10K SF can be demised to 7,000 SF plus outdoor seating, An opportunity with a Landlord who takes pride in ownership. Is more interested in concept that to simply sign a lease. So if you have a great concept that will be a compliment to Kennett Square we would like to introduce you to The Liberty Place at Kennett Square.

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Page 1: 148 W. State Street 10242011

The Liberty Place at Kennett Square148 West State Street

The perfect venue to work and dine. A suburban setting rich with culture and distinctive taste

MALLIN PANCHELLI NADEL REALTY, INC.TEL 215 – 413 – 4900 EXT. 16

FAX 215 – 413 – 0230

LISTING AGENTS:

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 2: 148 W. State Street 10242011

JACK W. INTRATOR CPM, RAM, ARM – DIRECT: 610-805-3849 148 WEST STATE STREET, KENNETT SQUARE PA

PROPERTY NAME: The Liberty Place of Kennett Square

PROPERTY ADDRESS: 148 W. State Street, Kennett Square, PA

FOR LEASE: $18.00 PSF NNN

PROPERTY DESCRIPTION: 10,000 SF of prime build to suit restaurant space in the heart of Kennett Square148 West State street. A historic transformation heralded as one of the region’s top entertainment and cultural destinations in the Northeast. The Perfect combination of Tenants would include a gourmet grocery and classy restaurant.

TRANSFORMATION: The Property is already built and the second floor is occupied by office tenants. The Lower Level as well has received the first professional tenants, the week of October 20th. So progress and construction continues. The facade and exterior is undergoing a dramatic transformation per the rendering. The Restaurant concept will have 1,000 SF of outdoor patio dining area offering ample parking, which includes 30 dedicated parking spaces next to the building and more than 200 on-street parking spaces within 2 blocks of the facility. The borough’s main parking garage with 250 parking spaces is within one and half blocks from the facility. The Commercial Business District alone has over 800 public parking spaces and parking is free at nights and on weekends. For the selected Restaurant there will be a marquee sign placement on the building with deco lighting that will add dramatic visibility from any vantage point. The property also offers 14 ft. high ceilings that will add volume and expanse to the locale.

PRESENT USE: Office building with parking & Build to Suit Restaurant / Retail on the 1st Floor.

BUILDING ENTRANCES: East, West and North Entrances

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 3: 148 W. State Street 10242011

NUMBER OF FLOORS: three levels

ELEVATORS: one passenger elevator with a 1,200 pound capacity

DEVELOPERS: LGB Properties, the developer of this historic transformation that was constructed from the steel of the Liberty Ship, will provide an upgraded restaurant vanilla shell and economic incentives for the selected renowned chef and concept.

PROPERTY OVERVIEW: The Liberty Place at Kennett Square, PA, is a great location and will make for an exciting dining destination. Convenient location with direct access to Rte. 1, Rte. 41, Rte. 896, Rte. 796, Rte. 926, Rte. 52, Rte. 202 and I-95. Within 10 miles of West Chester, 13 miles of Wilmington and 26 miles of Philadelphia.

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 4: 148 W. State Street 10242011

MALLIN PANCHELLI NADEL REALTY, INC.TEL 215 – 413 – 4900FAX 215 – 413 – 0230

LISTING AGENTS: JACK W. INTRATOR CPM, RAM, ARM

RETAIL & RESTAURANT SPECIALIST OF COMMERCIAL REAL ESTATE DIRECT: 610-805-3849

M A I N E N T R A N C E

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 5: 148 W. State Street 10242011

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 6: 148 W. State Street 10242011

Demographics

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 7: 148 W. State Street 10242011

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.

Page 8: 148 W. State Street 10242011

Information concerning this offer is from sources deemed reliable and no warranty is made as to the accuracy thereof. The offering is submitted subject to errors, omissions, change in price, or other conditions, prior sale or Lease, or withdrawal without notice. The prospective buyer should carefully verify to his/her own satisfaction all information contained herein.