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3024 Penn Ave
2,000 - 20,000 SF of Retail Space Available in West Lawn, PA 19609
Highlights
- Heavy Day Time Traffic
- Easy access with good road frontage
- Excellent residential density within a 1 mile radius
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,000-20,000 SF | 16’ | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $200,000 /YR $16,667 /MO | Modified Gross |
1st Floor
Currently 3 available spaces with mostly open floor plans that range from 450 SF up to 7,260 SF. There are opportunities for combining suites for larger contiguous space. Main access into building enters into a large corridor with store front access off the main aisle.
- Listed rate may not include certain utilities, building services and property expenses
- Finished Ceilings: 16’
- Open Floor plan. Good on-site management.
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 3024 Penn Ave , West Lawn, PA 19609
| Min. Divisible | 2,000 SF | Gross Leasable Area | 52,560 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Storefront Retail/Office |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 52,560 SF |
| Year Built | 1971 |
About the Property
Well positioned shopping center along the very active 422 Hwy/Penn Ave in West Lawn, PA. The anchor to the center is Adelphia Sea Food, which is a large commercial distribution operation, along with a retail counter. Sharing the ample parking lot is Morning Fuel diner which is owned and operated by Azteca Plaza Restaurant Group. Visit naikeystone.com for accurate listing info.
Nearby Major Retailers
Contacts
-
John Buccinno,CCIM SIOR -
Kyle McKechnie -
NAI Keystone Commercial & Industrial LLC
Learn More About Leasing Retail Properties
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3024 Penn Ave
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