A brand-new retail hotspot is coming to the bustling King of Prussia area, and it’s up for grabs, writes Paul Schwedelson for the Philadelphia Business Journal.
This 10,000-square-foot building at 129 S. Gulph Road is hitting the market for $13.29 million, offering an exciting opportunity for an investor looking to own prime real estate with top-tier tenants already in place.
Slated for completion by early summer, the space is already home to two popular chains: Mediterranean eatery Cava (2,100 square feet) and breakfast-and-lunch favorite First Watch (3,900 square feet). The remaining 4,000-square-foot space is still up for lease, with discussions underway. Gulph Creek Hotels, the property owner, is hoping to bring in a non-food tenant to balance the mix and keep parking hassle-free.
Located at the ultra-busy intersection of Gulph Road and Route 202—where 80,000 vehicles pass daily—this property sits next to the 136-room Residence Inn and 68-room The Prussia Hotel.
Listed by MSC’s Jesse Dubrow and Douglas Green, the property’s price reflects its prime location, strong tenants, and a 5.5% cap rate. Gulph Creek Hotels is also prepping another nearby retail space at 795 W. Dekalb Pike, expected to hit the market later this year.
Read more about the new retail space coming to King of Prussia in the Philadelphia Business Journal.
Editor’s Note: This post first appeared on MONTCO Today in March 2025.
