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Kmart Center 320 S 25th St
87,543 SF of Retail Space Available in Easton, PA 18042
Highlights
- Extraordinary road infrastructure, visibility, and access at the Rt. 22 interchange
- Excellent location for Grocery, Last Mile, Discount Retail, Medical
- Situated in the highly desirable & growing Lehigh Valley region, right off of Route 22
- Surrounding retailers include LA Fitness, Burger King, Wendy's, and Taco Bell
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 87,543 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
320 S 25th St - 1st Floor
Former Kmart 87,543 SF - may be subdivided.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- For Lease of Development
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 320 S 25th St , Easton, PA 18042
| Center Type | Community Center | Gross Leasable Area | 128,465 SF |
| Parking | 500 Spaces | Total Land Area | 9.49 AC |
| Center Properties | 2 | Year Built | 1970 |
| Center Type | Community Center |
| Parking | 500 Spaces |
| Center Properties | 2 |
| Gross Leasable Area | 128,465 SF |
| Total Land Area | 9.49 AC |
| Year Built | 1970 |
About the Property
Colliers is pleased to present a big-box opportunity in the vibrant Easton, PA area! Available for lease is an 87,543 SF property, located at 320 S. 25th St. Situated just 30 minutes away from Allentown, PA, 90 minutes from heavily New York City and Philadelphia, and 15 minutes from the Lehigh Valley Airport, and 10 minutes from Lehigh/Lafayette University, Easton, PA is a historic city with a lively retail scene. Its downtown area, specifically around Centre Square, buzzes with unique shops, art galleries, and restaurants, encapsulating its rich cultural tapestry. This 87,543-square-foot single-story retail building boasts exceptional visibility and accessibility. Located along Route 22, the main artery throughout the Lehigh Valley, the property can be subdivided to accommodate various sizes/retailers. Situated at a lighted intersection, it provides easy access to the region’s most vital highway systems such as Route 33, I-78, Route 309, and I-476, enhancing its connectivity to the close surrounding regions. With various commercial, medical, institutional & residential developments happening nearby, the site offers the opportunity to serve the #1 mid-sized market in the US for Economic Development. Property Specs: - SF: 87,543 SF - # of stories: 1 - Tax Parcel #: L9 39 1 (not owned) - Zoning: C1 - Local Commercial, which typically supports small-scale commercial activities that serve the local community like boutiques, offices, cafes, and small-scale medical or dental offices - Acreage: 6.69 acres - Premises Type: Standard Retail 5-Mile Radius Demographics: - # of Households: 53,762 - Average HH Income: $114,48 - Daytime Population: 126,413
Nearby Major Retailers
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Kmart Center | 320 S 25th St
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