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5040 City Ave 10,764 SF of Retail Space Available in Philadelphia, PA 19131
Highlights
- Located in the Wynnefield section along Philadelphia’s highly trafficked City Avenue corridor.
- Proximity to major employers, universities, and healthcare institutions supports year-round demand.
- Surrounding retail synergy with numerous national and regional tenants.
- Immediate accessibility to U.S. Route 1 and I-76 for connectivity to downtown and regional markets.
- Positioned in an exceptionally drivable market with strong public transit options.
- Adaptable retail layout suitable for a variety of uses in a vibrant mixed-use district.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,764 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Positioned along City Avenue, a major arterial route connecting the Main Line suburbs to Center City, this property benefits from steady traffic flow and strong visibility.
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 | 10,764 SF | Gross Leasable Area | 10,764 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Drug Store |
| Total Space Available | 10,764 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 10,764 SF |
| Year Built | 1980 |
About the Property
The property at 5040 City Ave consists of a single-story retail building constructed in 1980 with a gross leasable area of 10,764 SF. It is located in the Wynnefield section of Philadelphia and fronts City Avenue, a major east-west thoroughfare that provides direct access to U.S. Route 1 and I-76. The surrounding area includes a mix of residential developments, office complexes, and commercial establishments. Public transportation via SEPTA bus routes serves the corridor, and the property is surrounded by other retail uses.
Nearby Major Retailers
Contact the Leasing Agent
5040 City Ave