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153 S 18th Street 149-153 S 18th St
2,100 SF of Retail Space Available in Pittsburgh, PA 15203
Highlights
- High traffic location for a restaurant, cafe or similar business at the corner of S 18th Street and Mary Street.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,100 SF | 3 Years | $11.43 /SF/YR $0.95 /SF/MO $24,003 /YR $2,000 /MO | Modified Gross |
1st Floor
Prime commercial opportunity for retail, restaurant, cafe or coffee shop. First floor with two separate entrances includes approximately 2100 square feet of open space with two restrooms and a small kitchen area. Lower level storage with over 300 additional square feet. Previously leased as a bar/restaurant. Can be divided into two separate spaces. Tenant pays utilities. High traffic count and great foot traffic.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Kitchen
- Private Restrooms
- Corner Space
- High Ceilings
- Basement
- Display Window
- High visibility and accessibility
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 149-153 S 18th St , Pittsburgh, PA 15203
Property Type | Retail | Gross Leasable Area | 4,500 SF |
Property Subtype | Storefront Retail/Residential | Year Built | 1900 |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 4,500 SF |
Year Built | 1900 |
About the Property
Prime commercial opportunity for retail, restaurant, cafe or coffee shop. First floor with two separate entrances includes approximately 2100 square feet of open space with two restrooms and a small kitchen area. Lower level storage with over 300 additional square feet. Previously leased as a bar/restaurant. Can be divided into two separate spaces. Tenant pays utilities. High traffic count and great foot traffic. Owner prefers 3+ year lease. Buildouts would be considered for negotiation. The 2nd level deck is captive and currently not in use. Landlord would permit tenant to create access to the space for their use.
- Bus Line
Nearby Major Retailers
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153 S 18th Street | 149-153 S 18th St
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