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Plank Road Shoppes 313 Plank Rd
1,325 SF of Retail Space Available in Somerset, PA 15501
Highlights
- Two-building retail plaza spanning 106,000-SF situated on a nearly 4.5-acre site in the friendly town of Somerset.
- A large pylon sign is located at the plaza’s entrance, and enjoy plenty of parking with over 130 spaces in an expansive, well-lit lot.
- Located within an hour’s drive to Pittsburgh and enjoy hassle-free connectivity to Route 219 and the Pennsylvania Turnpike.
- Currently available suites 1,325SF former coffee Shop! Move right in.
- The property features recent upgrades such as renovations, repainting, and installing new roofing and HVAC systems.
- Have access to 17,660 residents that live within a five-mile radius of the property, with an average household income of $63,295.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 170 | 1,325 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $75.35 /m²/YR $6.28 /m²/MO $772.92 /MO $9,275 /YR | Negotiable |
317 Plank Rd - 1st Floor - Ste 170
- Located in-line with other retail
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 313 Plank Rd , Somerset, PA 15501
| Center Type | Neighborhood Center | Gross Leasable Area | 106,000 SF |
| Parking | 300 Spaces | Total Land Area | 8.98 AC |
| Stores | 2 | Year Built | 1980 |
| Center Properties | 2 |
| Center Type | Neighborhood Center |
| Parking | 300 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Gross Leasable Area | 106,000 SF |
| Total Land Area | 8.98 AC |
| Year Built | 1980 |
About the Property
Plank Road Shoppes is a highly visible retail plaza located at the edge of Somerset, Pennsylvania. The two-building center spans a total of 106,000 square feet and is situated on a nearly 4.50-acre site. Originally built in 1980 and recently updated to meet modern standards, the center features interior and exterior renovations, repainting, lighting optimization, and the installation of new roofing and HVAC systems. Plank Road Shoppes has a large pylon sign at the plaza’s entrance and provides plenty of parking inside an expansive and well-lit lot for visitors and tenants alike. The center can accommodate a variety of potential uses such as retail, dining, and recreational endeavors. Suites ranging from 5,822 square feet to a large 43,650-square-foot anchoring unit with two loading docks, formerly occupied by Bi-Lo, are currently available for lease. The entire plaza is also available for sale. Somerset offers a friendly small-town atmosphere and is a popular destination for hikers, bikers, skiers, and outdoors enthusiasts. Hidden Valley Resort and the Seven Springs Mountain Resort are both located within the vicinity of the plaza. Nearby retailers and businesses include a brand-new Starbucks, CVS, Dollar General, First National Bank, and Fairfield Inn. Over 17,550 residents live within a five-mile radius of the property, providing an average household income nearly reaching $63,300 per year. Plank Road Shoppes sits within an hour’s drive to Pittsburgh and only a short distance to-and-from the Maryland and West Virginia borders. Reach Route 219 within a three-minute drive, which seamlessly connects to the Pennsylvania Turnpike and I-30.
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Jordan Edwards -
Chart Organization
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Plank Road Shoppes | 313 Plank Rd
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