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Frazer Ridge Shops 391 Lancaster Ave 2,000 SF of Retail Space Available in Frazer, PA 19355
HIGHLIGHTS
- Great Visibility From Lancaster Ave
- On site parking in front and back
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | 1-15 Years | $18.00 /SF/YR $1.50 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) |
1st Floor
Attention business owners! Take advantage of this prime location on Lancaster Ave in Frazer/Malvern - a bustling area with high foot traffic. Our recently renovated building offers brand new amenities including central air conditioning, energy-efficient windows, ample parking, and convenient loading access. Impress your clients with a spacious 2,000 SF street-level showroom and utilize the additional 600 SF lower level as a private office or warehouse space. This lower level features a private entrance, its own restroom, and HVAC system. Don't miss out on this unique opportunity to elevate your business in a widely visible storefront.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Heating System
- Vaulted Ceiling
- Flexible Build Outs
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 | 2,000 SF | Gross Leasable Area | 11,600 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront | Parking Ratio | 2.4/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,600 SF |
| Year Built | 1970 |
| Parking Ratio | 2.4/1,000 SF |
ABOUT THE PROPERTY
This 5 -store retail building is located right on the edge of Lancaster Avenue in Malvern. This road sees hundreds of cars every day driving up and down. The spaces offer flexible buildout options and with 25+ parking spaces, there are no restrictions as to what businesses might work here.
NEARBY MAJOR RETAILERS
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Frazer Ridge Shops | 391 Lancaster Ave
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