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Diner for lease only 6824 Torresdale Ave
2,300 SF of Retail Space Available in Philadelphia, PA 19135
Highlights
- Business district
- For lease only
- Diner
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 SF | Negotiable | $14.60 /SF/YR $1.22 /SF/MO $157.15 /m²/YR $13.10 /m²/MO $2,798 /MO $33,580 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Business District
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 6824 Torresdale Ave , Philadelphia, PA 19135
| Property Type | Retail | Gross Leasable Area | 2,300 SF |
| Property Subtype | Restaurant | Year Built | 1935 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,300 SF |
| Year Built | 1935 |
About the Property
A Prime Opportunity Awaits! Are you looking to step into a well-established restaurant business? This long-standing eatery, with over 20 years of serving the community, is now available for lease. The owner is retiring and offering a unique opportunity to take over this turnkey operation. Spacious Dining: Accommodate up to 80 guests in the inviting dining room. Equipped with a 20-foot hood system, 2 walk-in fre ezers, a walk-in refrigerator, and ample additional refrigeration. Utilize the finished basement for storage and workspace. Two reserved parking spaces for your convenience. A refundable deposit of $40,000 secures the high-quality equipment. If you possess the qualifications and passion to continue this culinary legacy, please schedule a viewing to experience this opportunity firsthand. Don't miss out on this golden chance to own a thriving restaurant business!
Nearby Major Retailers
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Paul Cheng -
Keller Williams Cherry Hill
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Diner for lease only | 6824 Torresdale Ave
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