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Mill Town Square 150 E Pennsylvania Ave 1,651 - 8,240 SF of Space Available in Downingtown, PA 19335
Highlights
- Within walking distance of the Downingtown Train Station.
- Onsite Management.
- Walkable to Shops and Eateries.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 220 | 3,308 SF | Negotiable | $31.13 CAD/SF/YR $2.59 CAD/SF/MO $102,985 CAD/YR $8,582 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 510 | 3,281 SF | 10 Years | $25.47 CAD/SF/YR $2.12 CAD/SF/MO $83,573 CAD/YR $6,964 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 520 | 1,651 SF | 10 Years | $25.47 CAD/SF/YR $2.12 CAD/SF/MO $42,054 CAD/YR $3,504 CAD/MO | Triple Net (NNN) |
150 E Pennsylvania Ave - 1st Floor - Ste 220
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
150 E Pennsylvania Ave - 1st Floor - Ste 510
Currently high end finished office space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 9 - 27 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,932 SF of adjacent space
- Natural Light
- Great location.
150 E Pennsylvania Ave - 1st Floor - Ste 520
Office/medical space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 5 - 14 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,932 SF of adjacent space
- Natural Light
- Great location.
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.
Site Plan
Select Tenants at Mill Town Square
- Tenant
- Description
- US Locations
- Reach
- Green Street Grill
- Services
- -
- -
- Planet Fitness
- Fitness
- 3,253
- International
| Tenant | Description | US Locations | Reach |
| Green Street Grill | Services | - | - |
| Planet Fitness | Fitness | 3,253 | International |
Property Facts
| Total Space Available | 8,240 SF | Center Properties | 5 |
| Max. Contiguous | 4,932 SF | Frontage | 500’ on Pennsylvania Avenue |
| Center Type | Neighborhood Center | Gross Leasable Area | 92,477 SF |
| Parking | 373 Spaces | Total Land Area | 43.46 AC |
| Stores | 25 | Year Built | 1971 |
| Total Space Available | 8,240 SF |
| Max. Contiguous | 4,932 SF |
| Center Type | Neighborhood Center |
| Parking | 373 Spaces |
| Stores | 25 |
| Center Properties | 5 |
| Frontage | 500’ on Pennsylvania Avenue |
| Gross Leasable Area | 92,477 SF |
| Total Land Area | 43.46 AC |
| Year Built | 1971 |
About the Property
Mill Town Square is a fully redeveloped, Class A, multi-use property consisting of 103,880 square feet of office and retail space situated on 8.7 acres of ground in the center of Downingtown Borough, Chester County, Pennsylvania. The property has been designed to function as the town square and hub of the retail and business activity in the historic Borough of Downingtown. Mill Town Square consists of retail, medical and office buildings and a retail pad site interconnected with Downingtown’s Main Street and its two community parks. The property is ideal for businesses looking for high-end space with strong demographics and a convenient location.
- Banking
- Commuter Rail
- Courtyard
- Restaurant
Presented by
Mill Town Square | 150 E Pennsylvania Ave
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