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Mill Town Square 150 E Pennsylvania Ave
1,651 - 7,932 SF of Office/Medical Space Available in Downingtown, PA 19335
Highlights
- Within walking distance of the Downingtown Train Station
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 410 | 3,000 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $54,000 /YR $4,500 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 510 | 3,281 SF | 10 Years | $18.00 /SF/YR $1.50 /SF/MO $59,058 /YR $4,922 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 520 | 1,651 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $29,718 /YR $2,477 /MO | Triple Net (NNN) |
150 E Pennsylvania Ave - 1st Floor - Ste 410
- Lease rate does not include utilities, property expenses or building services
- Fits 8 - 24 People
150 E Pennsylvania Ave - 1st Floor - Ste 510
Currently high end finished office space.
- Lease rate does not include utilities, property expenses or building services
- Fits 9 - 27 People
150 E Pennsylvania Ave - 1st Floor - Ste 520
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 14 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.
SELECT TENANTS AT Mill Town Square
- Tenant
- Description
- US Locations
- Reach
- Green Street Grill
- Services
- -
- -
- Planet Fitness
- Fitness
- 2,986
- International
| Tenant | Description | US Locations | Reach |
| Green Street Grill | Services | - | - |
| Planet Fitness | Fitness | 2,986 | International |
PROPERTY FACTS FOR 150 E Pennsylvania Ave , Downingtown, PA 19335
| Center Type | Neighborhood Center | Frontage | 500’ on Pennsylvania Avenue |
| Parking | 181 Spaces | Gross Leasable Area | 30,952 SF |
| Stores | 25 | Total Land Area | 8.66 AC |
| Center Properties | 1 | Year Built | 1971 |
| Center Type | Neighborhood Center |
| Parking | 181 Spaces |
| Stores | 25 |
| Center Properties | 1 |
| Frontage | 500’ on Pennsylvania Avenue |
| Gross Leasable Area | 30,952 SF |
| Total Land Area | 8.66 AC |
| Year Built | 1971 |
About the Property
Mill Town Square is a fully redeveloped, Class A, multi-use property consisting of 103,880 square feet of office and retail space situated on 8.7 acres of ground in the center of Downingtown Borough, Chester County, Pennsylvania. The property has been designed to function as the town square and hub of the retail and business activity in the historic Borough of Downingtown. Mill Town Square consists of retail, medical and office buildings and a retail pad site interconnected with Downingtown’s Main Street and its two community parks. The property is ideal for businesses looking for high-end space with strong demographics and a convenient location.
- Banking
- Commuter Rail
- Courtyard
- Restaurant
Nearby Major Retailers
Presented by
Mill Town Square | 150 E Pennsylvania Ave
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