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HIGHLIGHTS
- There is ample parking available at the shopping center.
- The average household income within a three mile radius is approximately $150,471.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15 | 2,370 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
552 Lancaster Ave - 1st Floor - Ste 15
Join: CVS, Ivy Rehab, Eye Level, Image Studios
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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 BERWYN SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS Pharmacy
- Drug Store
- 9,805
- National
- Lab Corp
- Health Care
- 3,354
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS Pharmacy | Drug Store | 9,805 | National |
| Lab Corp | Health Care | 3,354 | International |
PROPERTY FACTS
| Total Space Available | 2,370 SF | Gross Leasable Area | 33,516 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.60 AC |
| Stores | 10 | Year Built | 1966 |
| Center Properties | 1 | Cross Streets | Midland Ave |
| Frontage | Lancaster |
| Total Space Available | 2,370 SF |
| Center Type | Neighborhood Center |
| Stores | 10 |
| Center Properties | 1 |
| Frontage | Lancaster |
| Gross Leasable Area | 33,516 SF |
| Total Land Area | 3.60 AC |
| Year Built | 1966 |
| Cross Streets | Midland Ave |
ABOUT THE PROPERTY
Berwyn Shopping Center benefits from its Lancaster Avenue (Route 30) location, a major commuting artery connecting the City of Philadelphia to its western suburbs. The location offers ample and convenient parking not found in neighboring retail properties. A thriving community just minutes from Philadelphia, Berwyn is home to students who attend many of the surrounding colleges and universities.
- Restaurant
NEARBY MAJOR RETAILERS
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Berwyn Shopping Center | Lancaster Ave
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