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145 Lincoln Ave 6,312 SF of Retail Space Available in Penndel, PA 19047
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,312 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $104,716 CAD/YR $8,726 CAD/MO | Double Net |
1st Floor
A first floor, free-standing flex/retail space offering approximately 6,312 square feet, now a for immediate occupancy. This versatile property includes two overhead doors, 11-foot ceilings, open retail space, and functional office areas, all maintained in good condition. Previously utilized as automotive parts distributor, the space has been well-maintained and boasts a comprehensive list of recent improvements. With immediate access to major area highways, this property is ideally positioned for a variety of uses permitted by right under its Retail Commercial zoning
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Flex / retail space
- Two (2) overhead doors
- Well maintained w/recent improvements
- Formerly used as an automotive parts distributor
- Ideally positioned for business & consumer access
- Retail Commercial zoning district
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.
PROPERTY FACTS
| Total Space Available | 6,312 SF | Gross Leasable Area | 6,980 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.72/1,000 SF |
| Total Space Available | 6,312 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,980 SF |
| Year Built | 1971 |
| Parking Ratio | 1.72/1,000 SF |
ABOUT THE PROPERTY
Penndel Borough offers excellent accessibility, with key transportation routes such as U.S. Route the PA Turnpike and I-95 all in close proximity. Centrally located, it connects conveniently to the Philadelphia, New York, South and Central New Jersey. The property is ideally situated just 0.3 miles from U.S. Route 1 Bus and 1.4 miles from U.S. Roue 1. The area boasts numerous amenities, and a dense mix of residential and commercial neighborhoods.
NEARBY MAJOR RETAILERS
CONTACTS
-
Chichi E. Ahia, SIOR -
Monika Polakevic, CCIM -
SVN Ahia Commercial Real Estate
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145 Lincoln Ave
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