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58th Street Plaza 5901 6th Ave
2,300 - 8,400 SF of Flex Space Available in Altoona, PA 16602
Highlights
- Large storefront
- Close to Interstate with two exits nearby
- Parking
- Busy area with great visability
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,300-8,400 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $7,000 /MO $84,000 /YR | Triple Net (NNN) |
5901 6th Ave - 1st Floor
Available for custom fit-out. Space is in-line between a blood products donation center and a Family Dollar retail store. Dedicated parking lot with entrances to 2 main streets in Altoona (6th Avenue and 58th Street). Plaza is located near both residential and commercial areas. Easy access to I-99 and Route 220 only 0.3 mile away.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- 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.
SELECT TENANTS AT 58th Street Plaza
- Family Dollar
- ImmunoTek Bio Centers, LLC
PROPERTY FACTS FOR 5901 6th Ave , Altoona, PA 16602
| Min. Divisible | 2,300 SF | Center Properties | 1 |
| Center Type | Strip Center | Frontage | |
| Parking | 60 Spaces | Gross Leasable Area | 31,414 SF |
| Stores | 3 | Total Land Area | 2.08 AC |
| Min. Divisible | 2,300 SF |
| Center Type | Strip Center |
| Parking | 60 Spaces |
| Stores | 3 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 31,414 SF |
| Total Land Area | 2.08 AC |
About the Property
Existing storefront for retail location sitting on 2.5 acres. Will subdivide. Plaza has a large parking lot with a ratio of 1.95/1,000 SF. Signage available on two pylons by entrances to plaza. Located in a large retail area, close to the Logan Valley Mall and two interstate 99 ramps. This space is surrounded by a community college, popular local restaurants, a Sheetz gas station, and two corporate headquarters for large area businesses. Sixth Avenue borders the plaza and is one of the busiest streets in the area with a daily traffic count of over 10,000. The surrounding neighborhoods are home to 70,000 consumers with a median household income of nearly $50,000.
- Pylon Sign
- Signage
Nearby Major Retailers
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58th Street Plaza | 5901 6th Ave
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