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4212-16 Lancaster Ave 4212-16 Lancaster Ave 1,629 SF of Retail Space Available in Philadelphia, PA 19104
Highlights
- Approx. 1,629 SF of ground-floor retail
- Large storefront windows and modern façade
- Corner location with strong exposure
- CMX-2 zoning allows broad commercial use
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,629 SF | 12’ | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $35,838 /YR $2,987 /MO | Double Net |
1st Floor
Brand-new ground-floor retail space available at 4212–16 Lancaster Avenue, located at the corner of Lancaster Ave and N Brooklyn St in West Philadelphia. The property is part of a modern mixed-use redevelopment with residential units above and a single retail space totaling approximately 1,629 SF. The space features prominent corner frontage, large storefront windows, and strong visibility along the Lancaster Avenue corridor. CMX-2 zoning allows for a wide range of commercial uses, including neighborhood-serving retail, food and beverage, wellness, personal services, office, medical, and educational uses. Estimated delivery is approximately two months from Certificate of Occupancy, subject to City approvals and inspections. Ideal for coffee/juice concepts, diner-style food service, salon or wellness, boutique retail, tutoring, medical, or professional services.
- Lease rate does not include certain property expenses
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Finished Ceilings: 12’
- Approx. 1,629 SF of ground-floor retail
- Corner location with strong exposure
- Large storefront windows and modern façade
- CMX-2 zoning allows broad commercial use
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 | 1,629 SF | Gross Leasable Area | 7,528 SF |
| Property Type | Retail | Year Built/Renovated | 1915/2026 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Brooklyn St |
| Total Space Available | 1,629 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,528 SF |
| Year Built/Renovated | 1915/2026 |
| Cross Streets | Brooklyn St |
About the Property
4212–16 Lancaster Avenue presents a rare opportunity to lease a brand-new ground-floor retail space at the corner of Lancaster Avenue and N Brooklyn Street, in the heart of West Philadelphia. This modern mixed-use redevelopment features five luxury apartments above and a single retail unit (~1,629 SF) at street level, designed to support long-term neighborhood-serving uses. The retail space benefits from strong visibility along the Lancaster Avenue corridor, large storefront windows, and prominent corner frontage. The surrounding area is defined by dense residential population, institutional anchors, and consistent pedestrian and vehicular traffic, driven by proximity to Penn, Drexel, Penn Presbyterian Medical Center, and nearby University City amenities. Zoned CMX-2, the space supports a wide range of commercial uses, including food and beverage, wellness, personal services, boutique retail, office, medical, and educational concepts. The landlord is seeking quality, neighborhood-oriented operators that complement the residential component and surrounding community.
- Corner Lot
Nearby Major Retailers
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4212-16 Lancaster Ave | 4212-16 Lancaster Ave
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