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1198 3rd St 788 - 1,434 SF of Office/Retail Space Available in Beaver, PA 15009
HIGHLIGHTS
- 1,434 SF Gross Lease Area (GLA), divisible into 646 SF & 788 SF.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 788-1,434 SF | 3-10 Years | $22.50 /SF/YR $1.88 /SF/MO $32,265 /YR $2,689 /MO | Modified Gross |
1st Floor
Prime Commercial Lease in the Heart of Beaver Outstanding first-floor space totaling 1,434 SF (GLA), available as one suite or divisible into 646 SF and 788 SF. The property includes 10 paved parking spaces plus 1 ADA space, a rare amenity in Beaver Borough. Parking Allocation: Four spaces are included with the commercial lease (two per suite or four if leased as one unit). Two spaces are reserved for the upstairs residential tenants, and four remaining spaces may be leased at an additional charge. Lease Structure: Modified Gross. Tenant pays gas, electric, trash removal, and snow removal for entrances/sidewalks. Landlord provides water, sewage, parking lot snow removal, and maintenance of the common entry. The floor plan includes one large restroom and one employee restroom. Located just off Route 68 on 3rd Street, the property offers excellent visibility and easy access to downtown Beaver and the courthouse district. Rental Rate: $22.50/SF (includes four parking spaces; additional parking negotiable). The upper level is fully leased residential units, adding to the property’s stability and investment appeal.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Partitioned Offices
- Central Air Conditioning
- Basement
- Hardwood Floors
- Wheelchair Accessible
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
| Total Space Available | 1,434 SF | Gross Leasable Area | 3,168 SF |
| Min. Divisible | 788 SF | Year Built | 1920 |
| Property Type | Retail | Parking Ratio | 0.95/1,000 SF |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,434 SF |
| Min. Divisible | 788 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,168 SF |
| Year Built | 1920 |
| Parking Ratio | 0.95/1,000 SF |
FEATURES AND AMENITIES
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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1198 3rd St
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