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Former Rite Aid 59 N Queen St 19,068 SF of Retail Space Available in Lancaster, PA 17603
HIGHLIGHTS
- 59 N Queen Street offers a prime two-story retail space with a commercial kitchen, large display windows, and flexible storage in Downtown Lancaster.
- Located at a signalized intersection with 23,000 daily vehicles and steps from Queen Street Station transit hub, it offers exceptional accessibility.
- Former Rite Aid features soaring ceilings, open layouts, building signage, and existing shelving, offering a turnkey setup for commercial tenants.
- Surrounded by strong co-tenants like Starbucks, Tikka Shack, and Escape On Queen in a dense retail, dining, and entertainment zone.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 19,068 SF | Negotiable | $22.32 CAD/SF/YR $1.86 CAD/SF/MO $425,659 CAD/YR $35,472 CAD/MO | Triple Net (NNN) |
1st Floor
10k SF Basement 10k SF 2nd floor included.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Central Air and Heating
- Corner Space
- High Ceilings
- Drop Ceilings
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 | 19,068 SF | Gross Leasable Area | 38,136 SF |
| Property Type | Retail | Year Built | 1875 |
| Property Subtype | Storefront |
| Total Space Available | 19,068 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 38,136 SF |
| Year Built | 1875 |
ABOUT THE PROPERTY
In the heart of Downtown Lancaster sits a standout opportunity at 59 N Queen Street, a highly visible, two-story commercial space, formerly occupied by Rite Aid. The first floor features an open retail area, while the second floor includes a commercial kitchen and a flexible storage or prep space, as well as basement storage. With high drop ceilings, expansive display windows, an open layout, building signage, and a dedicated delivery door, the space is built to support commercial operations from day one. Existing shelving may remain, providing a turnkey setup for retailers ready to capitalize on Lancaster’s active commercial landscape. Located on one of Lancaster’s busiest intersections, this property sees over 23,000 cars pass by each day and is steps from Queen Street Station, the city’s central bus hub. North Queen Street acts as the main artery through downtown, drawing both foot and vehicle traffic. Nearby landmarks, including the Central Market, Marriott, Convention Center, and boutique hotels, keep the area buzzing. Retailers such as Starbucks, Tikka Shack, and Escape On Queen add synergy to the area, complemented by a dense network of galleries, boutiques, banks, and restaurants. Nearly 200,000 residents live within a 5-mile radius, generating $2.3 billion in annual consumer spending, and more than 132,000 daytime employees circulate through the area daily. Located in a thriving cultural and commercial district, the property is surrounded by historic landmarks like the Soldiers & Sailors Monument, Fulton Theatre, Central Market, and the Demuth Museum. Downtown Lancaster pulses with activity, from monthly First Friday art walks and seasonal festivals to a growing base of creative businesses and hospitality destinations. The market continues to benefit from both public and private reinvestment, including mixed-use developments like 101NQ and entertainment hubs like Decades. 59 N Queen Street is a rare opportunity to establish or grow a business at the center of culture, commerce, and community.
- 24 Hour Access
- Bus Line
- Corner Lot
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
- Air Conditioning
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Former Rite Aid | 59 N Queen St
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