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358 W Bridge St 1,023 SF of Retail Space Available in New Hope, PA 18938
HIGHLIGHTS
- Good exposure to foot and drive by activity
- New Tenant business can be operational quickly
- Approvals and partial fit-out in place
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 358 | 1,023 SF | Negotiable | $52.35 CAD/SF/YR $4.36 CAD/SF/MO $53,551 CAD/YR $4,463 CAD/MO | Plus All Utilities |
1st Floor, Ste 358
This unit is approved for a "Formula Restaurant" ideally for grab and go. Well suited for food retailing in general as well with parking to support easy come and go access, OR, use for most any general retail or for personal services. Unit is offered with full approvals (depending on use) along with partial fit out which includes primary framing, with ADA bathroom and clean up areas, main service counter and electrical and plumbing stubs. Other uses are permitted, such as professional and medical office use. Very good Street visibility and successful adjacent retailers drawing steady foot and vehicle traffic.
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Abundant parking
- Very good street visibility
- Popular retailers adjacent
- Depending on use, quick opening timeline
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 358 W BRIDGE ST, NEW HOPE, PA 18938
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Caring Institute
- Health Care and Social Assistance
- 1
- -
- Legere Arthur Chiropractor
- Health Care and Social Assistance
- 1
- -
- Me Salon & Spa
- Salon/Barber/Spa
- 1
- Local
- New Hope Photo
- Services
- -
- -
- Pierre's Chocolates
- Candy/Nuts
- 1
- -
- Tastebuds
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Caring Institute | Health Care and Social Assistance | 1 | - |
| Legere Arthur Chiropractor | Health Care and Social Assistance | 1 | - |
| Me Salon & Spa | Salon/Barber/Spa | 1 | Local |
| New Hope Photo | Services | - | - |
| Pierre's Chocolates | Candy/Nuts | 1 | - |
| Tastebuds | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 1,023 SF | Year Built | 1988 |
| Property Type | Retail | Parking Ratio | 38.46/1,000 SF |
| Gross Leasable Area | 11,000 SF |
| Total Space Available | 1,023 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,000 SF |
| Year Built | 1988 |
| Parking Ratio | 38.46/1,000 SF |
ABOUT THE PROPERTY
This unit was initially approved for a "Formula Restaurant" ideally for grab and go. Well suited for food retailing in general as well with parking to support easy come and go access. Unit is offered with near full approvals for posted use along with partial fit out to include primary framing, with ADA bathroom and prep and clean up areas, main service counter and electrical and plumbing stubs. Very good Street visibility and successful adjacent retailers draw steady foot traffic.
NEARBY MAJOR RETAILERS
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358 W Bridge St
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