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480 S Duke St 1,800 SF of Retail Space Available in Lancaster, PA 17602
HIGHLIGHTS
- 1,800 sf of Retail Space
- 12,000 VPD
- Drive-thru capacity
- Former Restaurant
- Ample Parking
- Long term ground lease option available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
"Strategically situated in the heart of Lancaster, PA, 480 S Duke St offers a prime location for businesses seeking visibility and accessibility. With 12,000 VPD, its proximity to major transportation routes and downtown Lancaster makes it an ideal setting for a retail presence. The property's central location provides easy access to a vibrant business community and puts it within reach of an array of amenities. With high visibility and convenient access to the city's key areas, this property presents an exceptional opportunity for businesses looking to establish themselves in a prominent and well-connected location in Lancaster." Visit naikeystone.com for accurate listing info.
- A former location for KFC, a prime 1,800 sf retail
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 | 1,800 SF | Gross Leasable Area | 1,800 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Restaurant |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,800 SF |
| Year Built | 1980 |
ABOUT THE PROPERTY
The property's prime location in downtown Lancaster makes it an ideal setting for a vibrant retail or restaurant establishment. With its close proximity to popular attractions such as Lancaster Central Market, Clipper Magazine Stadium, and the bustling downtown area, the property presents an exciting opportunity for a retail store or restaurant to capture the attention of locals and visitors alike. The area's rich cultural scene and thriving community create the perfect environment for a retail business or restaurant to thrive. The property's accessibility and visibility make it an attractive choice for entrepreneurs looking to establish a presence in this dynamic and lively district. Strategically situated in the heart of Lancaster, PA, 480 S Duke St offers a prime location for businesses seeking visibility and accessibility. With 12,000 VPD, its proximity to major transportation routes and downtown Lancaster makes it an ideal setting for a retail presence. The property's central location provides easy access to a vibrant business community and puts it within reach of an array of amenities. With high visibility and convenient access to the city's key areas, this property presents an exceptional opportunity for businesses looking to establish themselves in a prominent and well-connected location in Lancaster. Visit naikeystone.com for accurate listing info.
NEARBY MAJOR RETAILERS
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480 S Duke St
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