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123 Palmer Park Mall- 122,125 SF Anchor Space 123 Palmer Park Mall
122,125 SF of Retail Space Available in Easton, PA 18045
Highlights
- Anchor Space Available
- Located along busy Rt. 248
- Divisible for credit Tenants
- Just minutes to Rt. 22, I-78 and Rt. 33
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 122,125 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $101,771 /MO $1,221,250 /YR | Triple Net (NNN) |
1st Floor
Fabulous anchor position available at Palmer Park Mall. Store was formerly a Bon-Ton Department store and currently occupied by short term furniture Tenant. Great space for grocery concepts, home improvement, entertainment, medical and much more. Owner will consider major renovations and space is divisible for credit tenants.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchor Space Available
- Divisible for credit Tenants
- Located along busy Rt. 248
- Just minutes to Rt. 22, I-78 and Rt. 33
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 123 Palmer Park Mall , Easton, PA 18045
| Property Type | Retail | Gross Leasable Area | 122,125 SF |
| Property Subtype | Department Store | Year Built | 1973 |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 122,125 SF |
| Year Built | 1973 |
About the Property
Palmer Park Mall is 457,734 SF and anchored by Boscov's Department Store. There are 55 stores within the Mall. The available anchor space has outside and interior mall entrances. Space is divisible for qualified Tenant.
- Atrium
- Pylon Sign
- Enclosed Mall
- Air Conditioning
-
Power Broker James Balliet -
Keller Williams-The James Balliet Property Group
Presented by
123 Palmer Park Mall- 122,125 SF Anchor Space | 123 Palmer Park Mall
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