SVN | THE CONCORDIS GROUP | 1515 MARKET STREET, SUITE 800, PHILADELPHIA, PA 19102 SALE BROCHURE

EAST FALLSDEVELOPMENTOPPORTUNITY --4401 RIDGE4401 RIDGE AVENUEPHILADELPHIA, PA 19129

Brian Edmonds, SIORManaging Director215.399.0048brian.edmonds@svn.com

Tommy ChoiSenior Advisor215.399.0592tommy.choi@svn.com

Lisa Lord EdmondsAssociate Advisor215.309.6803lisa.edmonds@svn.com

OFFERING SUMMARY

Sale Price: $3,750,000

Lot Size: 2 +/- Acres

Zoning: CMX3 - Community

Commercial Mixed-Use

Market: Philadelphia/East Falls

Parcel #: 784376450

Frontage: 411' along the NE side of

Ridge Ave

PROPERTY OVERVIEW

Unique Opportunity to own Prime Real Estate in the East Falls section ofPhila with an Unparalleled Fairmount Park Setting and Schuylkill Riverview. Development Possibilities Include: Residential, Retail, Educational,Office, Medical/Healthcare, Research & Development and Entertainment.

Please note: buyer must pay all transfer taxes; seller is tax-exempt.

PROPERTY HIGHLIGHTS

• 2 +/- developable acres with significant frontage on Ridge Avenue in theEast Falls section of Northwest Philadelphia

• Situated steps from Kelly Drive and the Schuylkill River, the Property issurrounded by Fairmount Park with immediate access to its trails and therecreational activities the Park offers

• Excellent road and highway connectivity with immediate access to I-76,Lincoln and Kelly Drive and is a short commute to Center City via multipleroutes

• The immediate surrounding area referenced in the 2014 City of PhiladelphiaDistrict Plan as the “East Falls Riverfront Business District” has experiencedsubstantial mixed use development activity in recent years with this parcelpositioned as a potential “Gateway” location

Property Summary

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 2All SVN® offices are independently owned and operated.

Location:

Tax Parcel #:

Census Tract #:

Shape:

Area:

Frontage:

Topography/Terrain:

4401 Ridge Avenue, Philadelphia, PA 19129

784376450

0207.004

An irregular shaped corner parcel.

Approximately 2± acres of land area.

411' along the northeasterly side of Ridge Avenue and 261' along the northwesterly side of Merrick Road.

The site has a rising and rolling topography.

Street Improvements: Ridge Avenue has two lanes providing travel in a northwesterly/ southeasterly direction. Merrick Road is a two way road providing travel in a northeasterly/ southwesterly direction with a median with concrete curbs and landscaping at the subject property. Both streets were asphalt paved with concrete curbs and sidewalks and no on street parking.

All available.Utilities:

Site Description

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 3All SVN® offices are independently owned and operated.

NEIGHBORHOOD HIGHLIGHTS

• East Falls is a neighborhood in the Northwest section of

Philadelphia, Pennsylvania, The East Falls community is

located adjacent to Manayunk, Roxborough, and

Germantown neighborhoods. East Falls is also adjacent to

Wissahickon Valley Park. The neighborhood runs along a

stretch of Ridge Avenue that is only a few miles long,

running along the banks of the Schuylkill River and

extending northeast to Wissahickon Avenue.

• East Falls overlooks the multi-use recreational paths of

Fairmount Park along Kelly Drive and is desirable for its

central location with easy access to several major roadways

and public transportation. This area continues to develop,

with new housing, retail space and recreation centers in

production. It features two train stations, a number of bars

and restaurants, and illustrious mansions as well as some

recently renovated housing that continues to increase in

value.

• East Falls is best known as the childhood home of Grace

Kelly, actress and Princess of Monaco, is also home to

historic Laurel Hill Cemetery, burial place of numerous

prominent Philadelphians and other notables.

• www.wikipedia.com

ECONOMIC HIGHLIGHTS

• According to the East Falls Development Corporation website

there are:

• 10,000+ walkers, runners, and bikers per week use our River Trail

along Kelly Drive, steps away from the eateries of the Riverfront

Business District.

• 60,000+ regional commuters travel through East Falls daily

• 1,400+ train commuters per day at the East Falls SEPTA station

• Travel times by car: Over two thirds of East Fallsers enjoy less than

30 minute commute to work:

East Falls

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 4All SVN® offices are independently owned and operated.

Fall Bridge Lofts The Overlook

Avenue at East Falls

Recent Developments In East Falls

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 5All SVN® offices are independently owned and operated.

Retailer Map

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 6All SVN® offices are independently owned and operated.

POPULATION 1 MILE 2 MILES 3 MILES

Total population 19,581 86,464 249,587

Median age 32.3 35.5 35.4

Median age (male) 31.3 32.6 32.9

Median age (Female) 33.8 37.8 37.4

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

Total households 9,353 38,706 102,164

# of persons per HH 2.1 2.2 2.4

Average HH income $57,652 $52,983 $51,484

Average house value $259,303 $170,746 $146,695

* Demographic data derived from 2010 US Census

Demographics Map

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 7All SVN® offices are independently owned and operated.

Location Maps

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 8All SVN® offices are independently owned and operated.

Disclaimer

EAST FALLS DEVELOPMENT OPPORTUNITY -- 4401 RIDGE | 4401 RIDGE AVENUE, PHILADELPHIA, PA 19129 SVN | The Concordis Group | Page 9All SVN® offices are independently owned and operated.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.