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Cleona Square 481 W Penn Ave 4,635 - 15,435 SF of Retail Space Available in Cleona, PA 17042
Highlights
- Grocery anchored center with desirable mix of retail and service-oriented tenants
- Busy center with excellent visibility and access f rom signalized intersection
- Located at intersection of Rt. 422 and Mill Road with traff ic counts over 14,000 VPD
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 4,635 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 7 | 10,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
435-481 W Penn Ave - 1st Floor - Ste 2
This space offers a highly visible location within Cleona Square, positioned near the GIANT grocery anchor and adjacent to other service-oriented retailers. The suite provides excellent frontage and signage opportunities, benefiting from strong foot traffic generated by the center’s diverse tenant mix. Ideal for retail or service uses seeking immediate exposure and convenient access from a signalized intersection along Route 422.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
435-481 W Penn Ave - 1st Floor - Ste 7
This larger-format space is prominently located within the shopping center, offering significant frontage and signage potential. Positioned near Big Lots and other national brands, the suite is well-suited for retailers requiring open floor plans or specialty uses. The location benefits from strong co-tenancy, high daily traffic, and convenient ingress and egress from a signalized intersection.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other 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.
Select Tenants at Cleona Square
- Tenant
- Description
- US Locations
- Reach
- Big Lots
- Discount Store
- 572
- International
- Big Mike's Beer N Cigars
- Liquor
- 1
- Local
- Giant Food
- Supermarket
- 507
- National
- McDonald's
- Fast-food
- 16,404
- International
- PLCB Wine & Spirits Store
- Liquor
- 839
- Local
- Subway
- Sub Sandwich
- 28,857
- International
| Tenant | Description | US Locations | Reach |
| Big Lots | Discount Store | 572 | International |
| Big Mike's Beer N Cigars | Liquor | 1 | Local |
| Giant Food | Supermarket | 507 | National |
| McDonald's | Fast-food | 16,404 | International |
| PLCB Wine & Spirits Store | Liquor | 839 | Local |
| Subway | Sub Sandwich | 28,857 | International |
Property Facts
| Total Space Available | 15,435 SF | Center Properties | 3 |
| Center Type | Community Center | Gross Leasable Area | 119,185 SF |
| Parking | 809 Spaces | Total Land Area | 14.71 AC |
| Stores | 20 | Year Built | 1988 |
| Total Space Available | 15,435 SF |
| Center Type | Community Center |
| Parking | 809 Spaces |
| Stores | 20 |
| Center Properties | 3 |
| Gross Leasable Area | 119,185 SF |
| Total Land Area | 14.71 AC |
| Year Built | 1988 |
Nearby Major Retailers
Contacts
-
Arlene Gray -
Kristi Pennington -
Ashlee Lehman -
Catherene Cardinale -
Paramount Realty Services, Inc.
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Cleona Square | 481 W Penn Ave
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