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Property Description

COMMERCIAL OFFICE-EVENT-SPECIAL PURPOSE SPACE: This space is a strategic corner location steps from the train to Center City and sits in the center of massive residential development. The second floor offers 7,000 SF of raw undeveloped open, expansive office, event, or special purpose space with 9′ ceilings and is available for immediate lease: 5-10 year negotiable lease, NNN. ||| Historically this space was used to store dry goods for a ground-level grocery.​ Today this space works nicely as a modern collaborative business co-working office center, business incubator, an expansive professional office setting, or as a professional event space.​ It can also serve nicely as a web development technology center, an advertising, and graphic studio, or as a special-use flex space.​ Let your imagination go to work to create a great office space model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby.​ ||| The Landlord will provide a vanilla box, the Tenant is responsible for their fit-out and finishes.​ The prospective occupancy timeline is six months. A single tenant is preferred. This space can be subdivided into four equal-sized units. The minimum unit subdivision is 1,750 SF of rentable space. The common space will include two large unisex powder rooms, two staircases, connecting hallways, and a modest outdoor space. The common space load factor will be approximately 20% or 300 SF per unit. Net usable space 1,450 SF per unit. NNN is about $0.185/SF/Month or about $324/Unit/Month. Tenants pay all utilities, U&O, and trash removal.

Features
0
: Masonry
: Concrete
N
: Electric
: Electric
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
0 Sqft
No
CMX2
: Office, Vacant, Professional Service
: Public Sewer
: Public
Professional,Flex,Other/General Retail,Warehouse
Commercial Features
0

Commercial Lease

2400 KENSINGTON AVENUE, PHILADELPHIA, Pennsylvania 19125

0.16 Acre
$7,420
Listing ID #PAPH833080
Basic Details
Property Type : Commercial Lease
Listing Type : Residential Lease
Listing ID : PAPH833080
Price : $7,420
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 : Office
Price Per SQFT : $1
Contact Agent