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Retail/Office Building For Lease 120 Greenhill Ave 953 SF of Retail Space Available in Wilmington, DE 19805
Highlights
- Available immediately for businesses seeking a quick move-in timeline
- Flexible configuration allows separate customer-facing, work and storage areas
- Excellent option for a first brick-and-mortar storefront, satellite office or neighborhood service location
- Immediate surrounding neighborhood provides a built-in base of nearby residents and potential customers
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 953 SF | Negotiable | $20.92 CAD/SF/YR $1.74 CAD/SF/MO $19,937 CAD/YR $1,661 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Retail/Office Building For Lease
- Tenant
- Description
- US Locations
- Reach
- G B At Your Service
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| G B At Your Service | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 953 SF | Gross Leasable Area | 953 SF |
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Freestanding | Parking Ratio | 8.39/1,000 SF |
| Total Space Available | 953 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 953 SF |
| Year Built | 2003 |
| Parking Ratio | 8.39/1,000 SF |
About the Property
This ±953 SF stand-alone retail/office building is prominently located near the intersection of Greenhill Avenue and Lancaster Avenue in Wilmington. Rebuilt in 2023, the property features new LVP flooring, recessed lighting, mini-split HVAC, a new roof and windows. The functional layout includes a front entry/reception area, two large retail or office rooms, two storage closets and a private restroom. Abundant natural light, a decorative brick fireplace, strong visibility, signage opportunities and on-site parking make the space well suited for boutique retail, professional office, wellness, studio, showroom or service-oriented users, subject to applicable approvals.
- Signage
Nearby Major Retailers
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Retail/Office Building For Lease | 120 Greenhill Ave
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