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Towne Gate Commons Market St

4,275 SF of Retail Space Available in Souderton, PA 18964

Highlights

  • Build to Suit
  • Zoning: General Commercial
  • Public water/sewer and natural gas

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 4,275 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Souders Way - 1st Floor
Space Use
Retail
Availability
Now

4,275 SF Retail/Office Building | Pad Site Build to Suit Public water/sewer and natural gas

Space Size Term Rental Rate Rent Type
1st Floor 4,275 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

Souders Way - 1st Floor

Size
4,275 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Availability
Now

4,275 SF Retail/Office Building | Pad Site Build to Suit Public water/sewer and natural gas

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.

SITE PLAN

PROPERTY FACTS FOR Market St , Souderton, PA 18964

Center Type Neighborhood Center
Stores 8
Center Properties 12
Frontage County line Rd
Gross Leasable Area 45,515 SF
Total Land Area 7.08 AC
Year Built 2025

About the Property

Towne Gate Commons will have 64,000 square feet of build-to-suit commercial spaces in a walkable, mixed-use development that provides opportunities for local, regional and national retailers and restaurants to serve the growing Souderton Borough. With 140 residential units, the self-contained community generates continuous foot traffic for the commercial district. Wide sidewalks and tree-lined streets encourage pedestrians to explore, while activated outdoor spaces, which incorporate the work of local artists through a large public mural, attract visitors from the additional 39,917 households located within a five mile radius. A previously secured liquor license also offers a distinct opportunity in Souderton, where just three existing restaurants serve alcoholic beverages.?

Nearby Major Retailers

ALDI
Citizens Bank
Planet Fitness
KeyBank
PNC Bank
Starbucks
Philly Pretzel Factory
Sunbelt Rentals
Truist
  • Listing ID: 19053985

  • Date on Market: 4/20/2020

  • Last Updated:

  • Address: Market St, Souderton, PA 18964

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