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Property Description

COMMERCIAL RETAIL ENTREPRENEUR ALERT: This ground-level space is a strategic corner location steps from the train to Center City and sits in the center of massive nearby residential development. The first-floor space is capped with a tall 11.5′ ceiling throughout. A 1,000 SF basement holds mechanicals. Historically this building has been used as a grocery. It presently offers a large ‘walk-in’ for refrigeration and a deli area with a superb high-capacity pizza hearth. Today this space works nicely as a redefined modern grocery, market, pharmacy, or foodservice commissary. The space also works nicely as an expansive corner department store. Let your imagination go to work to create a great retail model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby. The building sits strategically one hundred feet from the York Street high-speed transit terminal to Center City. ||| This opportunity is 7,000 SF of open, expansive retail space available for immediate lease: 5-10 year negotiable lease, NNN. Single Tenant. No Sublease. The tenant is responsible for their buildout. NNN is approximately $0.185/SF/Month or $15,400 per year: 50% of property tax, insurance, water-sewer. Tenant pays all utilities, U&O, trash, and snow removal.

Features
0
: Masonry
: Concrete
: Level Entry - Main, No Stairs
N
: Natural gas
: Natural gas
0
: Corner
N
N
N
: Electric Available, Natural Gas Available, Sewer Available, Water Available, Multiple Phone Lines
MLS Addon
KW Empower
Charles Balducci
Annually
Annually
1700001130306
THE SCHOOL DISTRICT OF PHILADELPHIA
0 Sqft
14,000 Sqft
0
: Average
2
0 Sqft
No
CMX2
: Food & Beverage, Convenience Store
: Public Sewer
: Public
Supermarket/Grocery Store,Other/General Retail,Flex,Other
Commercial Features
0

Commercial Lease

2400 KENSINGTON AVENUE, PHILADELPHIA, Pennsylvania 19125

0.16 Acre
$11,667
Listing ID #PAPH832616
Basic Details
Property Type : Commercial Lease
Listing Type : Residential Lease
Listing ID : PAPH832616
Price : $11,667
Year Built : 1900
Lot Size : 0.16 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19125
Status : ACTIVE
Subdivision Name : EAST KENSINGTON
Property Sub Type : Retail
Price Per SQFT : $2
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