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Marketplace At Westtown 1502 West Chester Pike
1,200 - 3,600 SF of Retail Space Available in West Chester, PA 19382
Highlights
- Grocery anchored shopping center, highlighted by a high performing, brand new fully redeveloped prototype Giant grocery store
- Join Giant, Dollar Tree, Chase Bank, Dairy Queen & Anytime Fitness
- Entire center was remodeled in 2018 and provides a highly functional layout, with exceptional connectivity between the grocer and inline space
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 18 | 2,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 7 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1502 W Chester Pike - 1st Floor - Ste 18
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1502 W Chester Pike - 1st Floor - Ste 7
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 Marketplace At Westtown
- Tenant
- Description
- US Locations
- Reach
- Anytime Fitness
- Fitness
- 3,212
- International
- Bank of America
- Bank
- 6,956
- International
- Burger King
- Fast-food
- 9,127
- International
- Citizens Bank
- Bank
- 1,990
- National
- GIANT
- Supermarket
- 580
- National
- PLCB Wine & Spirits Store
- Liquor
- 929
- Local
| Tenant | Description | US Locations | Reach |
| Anytime Fitness | Fitness | 3,212 | International |
| Bank of America | Bank | 6,956 | International |
| Burger King | Fast-food | 9,127 | International |
| Citizens Bank | Bank | 1,990 | National |
| GIANT | Supermarket | 580 | National |
| PLCB Wine & Spirits Store | Liquor | 929 | Local |
PROPERTY FACTS FOR 1502 West Chester Pike , West Chester, PA 19382
| Center Type | Neighborhood Center | Gross Leasable Area | 125,900 SF |
| Parking | 2,172 Spaces | Total Land Area | 20.20 AC |
| Stores | 28 | Year Built | 1982 |
| Center Properties | 4 | Cross Streets | Rt 352 |
| Frontage | 778’ on West Chester Pike |
| Center Type | Neighborhood Center |
| Parking | 2,172 Spaces |
| Stores | 28 |
| Center Properties | 4 |
| Frontage | 778’ on West Chester Pike |
| Gross Leasable Area | 125,900 SF |
| Total Land Area | 20.20 AC |
| Year Built | 1982 |
| Cross Streets | Rt 352 |
About the Property
Anchored by Giant Foods, the Marketplace at Westtown Shopping Center is situated in one of Chester County’s best residential markets. The center is well established with a successful track record and long term occupancies. The lack of new commercial development opportunities in the area coupled with an affluent customer base have helped contribute to this center’s desirability among retailers. Westtown is strategically located just east of downtown West Chester.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
-
Arlene Gray -
Kristi Pennington -
Paramount Realty Services, Inc.
Presented by
Marketplace At Westtown | 1502 West Chester Pike
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