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Madison Square 300 Brighton Ave 17,644 SF of Retail Space Available in Rochester, PA 15074

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SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 17,644 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 17,644 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor

Size
17,644 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property

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 17,644 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 17,644 SF
Year Built/Renovated 1960/1988

ABOUT THE PROPERTY

Madison Square Shopping Center is the dominant grocery anchored shopping center in Rochester/Beaver, PA trade area. At 184,082 square feet, the Giant Eagle Anchored Shopping Center is a 35-minute drive to downtown Pittsburgh and features a high performing Giant Eagle Supermarket, Dollar General, Valor Healthcare, North Way Christian Community, Nova Care Rehabilitation, and Sewickley Pediatric and Adolescent Medicine. The center has one vacancy remaining of the former K-mart space totaling 38,316 square feet that serves as an excellent opportunity for any big box or junior box retailer looking to establish a dominant presence in the market. Beaver County is seeing tremendous growth right now as a result of the new $1.65B Shell Global petrochemical plant along the Ohio River that opens in 2022. This project has been documented as the biggest of its kind in the state of Pennsylvania. This project alone will exponentially increase the area’s growth in all facets.

NEARBY MAJOR RETAILERS

Giant Eagle
Citizens Bank
Huntington National Bank
Philly Pretzel Factory
PNC Bank
Workout Anytime
Starbucks
WesBanco
  • Listing ID: 32770924

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 300 Brighton Ave, Rochester, PA 15074

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