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16 N 3rd St 2,100 SF of Office/Retail Space Available in Philadelphia, PA 19106
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,100 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $33,600 /YR $2,800 /MO | Triple Net (NNN) |
2nd Floor
We’re excited to present an exceptional retail opportunity in the heart of Old City, Philadelphia! Situated in the vibrant Old City neighborhood, our retail space enjoys prime visibility and foot traffic. It’s surrounded by historic landmarks, trendy boutiques, and bustling cafes. Space Details: Size: Approximately: 2100SF Old City Charm: Step into a space that exudes character and history. The exposed brick walls, original hardwood floors, and architectural details transport you back in time while offering modern amenities. Vibrant Atmosphere: Join a community of creatives, entrepreneurs, and locals who appreciate the unique energy of Old City. From First Fridays to cultural events, this area buzzes with life. Don’t miss out on this rare opportunity to be part of Old City’s story. Act fast!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 6 - 17 People
- Central Air and Heating
- Private Restrooms
- Emergency Lighting
- Located in-line with other retail
- Hardwood Floors
- Layout: Open floor plan
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 | 2,100 SF | Gross Leasable Area | 10,300 SF |
| Property Type | Retail | Year Built | 1952 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,300 SF |
| Year Built | 1952 |
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Presented by
Philly PMG
16 N 3rd St
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