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Tavern on Ridge 6076-6080 Ridge Ave 3,700 SF of Retail Space Available in Philadelphia, PA 19128
HIGHLIGHTS
- Several bus routes run through or near Ridge Avenue, such as the Routes 32 and 58.
- The Schuylkill River Trail is nearby, offering walking, running, and biking paths along the river.
- The Manayunk Station of the SEPTA Regional Rail line is located nearby, providing a quick link to downtown Philadelphia and the surrounding suburbs.
- Within close proximity to I-76, US-1 and I-95.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,700 SF | Negotiable | $14.59 /SF/YR $1.22 /SF/MO $53,983 /YR $4,499 /MO | Triple Net (NNN) |
1st Floor
3,700 +/- SF bar/restaurant with basement storage and office located in Roxborough. “R” Liquor License available for purchase. Fully equipped kitchen with 8’ exhaust hood with Ansul system, 8-seat bar with 6-handle draft system, rear dining room used for dining/private parties, and an adjacent space currently used as arcade/bar concept.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- 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 | 3,700 SF | Gross Leasable Area | 5,897 SF |
| Property Type | Retail | Year Built | 1850 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,897 SF |
| Year Built | 1850 |
ABOUT THE PROPERTY
This iconic building at the intersection of Ridge Avenue and Conarroe Street boasts a fully fitted out tavern/bar on the ground floor with a mix of one- and two-bedroom apartments on the upper two floors. The commercial space is an opportunity for a restaurant owner/operator who would be looking for an ideal location with an additional rental revenue stream.
NEARBY MAJOR RETAILERS
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Tavern on Ridge | 6076-6080 Ridge Ave
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