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5243 Frankford Ave 5243 Frankford Ave 3,240 SF of Retail Space Available in Philadelphia, PA 19124
Highlights
- Heavy daytime foot traffic
- Dense neighborhood
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,240 SF | Negotiable | $18.50 /SF/YR $1.54 /SF/MO $59,940 /YR $4,995 /MO | Triple Net (NNN) |
1st Floor
- 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.
Property Facts
| Total Space Available | 3,240 SF | Gross Leasable Area | 3,240 SF |
| Property Type | Retail | Year Built/Renovated | 1928/2020 |
| Total Space Available | 3,240 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,240 SF |
| Year Built/Renovated | 1928/2020 |
About the Property
5243 Frankford Avenue | Philadelphia, PA 19124 Prime Retail Opportunity in the Heart of Frankford Position your business in one of Northeast Philadelphia's most transit-accessible commercial corridors. Located on the highly visible corner of Frankford Avenue and Bridge Street, 5243 Frankford Avenue offers approximately 3,240 square feet of open retail space with 16-foot ceilings, making it well suited for a variety of retail, showroom, medical, fitness, service, or neighborhood commercial uses. The property is situated just steps from the Frankford Transportation Center SEPTA's major Northeast Philadelphia transit hub, providing direct access to the Market-Frankford Line, numerous bus routes, and regional transportation connections. The station is directly across Frankford Ave from the property, generating consistent pedestrian activity throughout the day and offering exceptional accessibility for customers and employees alike. Frankford Avenue serves as one of the area's primary commercial corridors, benefiting from strong neighborhood visibility and a dense surrounding residential population. The immediate area is home to a diverse mix of national retailers, discount stores, neighborhood businesses, restaurants, financial services, healthcare providers, and convenience-oriented retailers that draw customers from both the local community and commuters passing through the transportation center. Nearby retailers include Dollar General, Family Dollar, 7-Eleven, SNIPES, Metro by T-Mobile, grocery markets, pharmacies, and numerous local restaurants and service businesses. The location also benefits from convenient access to I-95, Roosevelt Boulevard (US-1), and Center City Philadelphia, making it an ideal destination for businesses seeking both neighborhood and regional exposure. Continued public and private investment surrounding the Frankford Transportation Center further reinforces the corridor's long-term growth potential and its role as a gateway to Northeast Philadelphia. Property Highlights * ±3,240 SF retail/commercial space * 16' ceiling heights * Prominent corner location at Frankford Avenue & Bridge Street * Excellent storefront visibility and signage opportunities * Walking distance to Frankford Transportation Center * Access to the Market-Frankford Line and numerous SEPTA bus routes * Strong daily pedestrian and commuter traffic * Surrounded by established national and local retailers * Convenient access to I-95, Roosevelt Boulevard, and Center City Philadelphia * Ideal for retail, medical, fitness, office, showroom, restaurant, or service-oriented users
Nearby Major Retailers
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5243 Frankford Ave | 5243 Frankford Ave
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