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Restaurant and Lounge for lease 1135-1137 W Hamilton St
3,000 SF of Retail Space Available in Allentown, PA 18101
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | 5-15 Years | $26.00 /SF/YR $2.17 /SF/MO $78,000 /YR $6,500 /MO | Modified Gross |
1st Floor
+/- 3,000 SF Restaurant and Lounge for lease. Existing hood system. This building features the ability to do take-out on the first floor, as well as dining and event planning on the second floor. The space also has an outdoor deck for additional seating and entertainment.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Kitchen
- Fits 6 - 18 People
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 FOR 1135-1137 W Hamilton St , Allentown, PA 18101
| Property Type | Retail | Year Built/Renovated | 1900/2016 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 3.32/1,000 SF |
| Gross Leasable Area | 9,546 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,546 SF |
| Year Built/Renovated | 1900/2016 |
| Parking Ratio | 3.32/1,000 SF |
About the Property
+/- 3,000 SF Restaurant and Lounge for lease. The space will be delivered in a v-shell condition with an existing hood system. This building features the ability to do take-out on the first floor, as well as dining and event planning on the second floor. The space also has an outdoor deck for additional seating and entertainment. The building is located one block from significant Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a billion dollars in redevelopment and is still urged to do more due to demand, offering a promising environment for growth and expansion. The NIZ, a powerful program, has been instrumental in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly developed Da Vinci Science Center, which feature a +/-67,000 SF structure, +/-30,000 SF of interactive exhibits and many more. This success story is a testament to the potential for growth and success in the area. Call today for additional information and become part of the action.
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Restaurant and Lounge for lease | 1135-1137 W Hamilton St
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