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624 S 5th St 1,400 SF of Retail Space Available in Philadelphia, PA 19147
HIGHLIGHTS
- Situated in the vibrant Queen Village neighborhood, surrounded by upscale cafes and distinguished eateries.
- Just steps from the tranquil Dickinson Square Park, providing a pleasant and relaxing environment nearby.
- In close proximity to Acme and Rite Aid, ensuring easy access to essential shopping and services.
- Neighboring the Airbnb-style Sonder the Queen and the popular Emmy Squared Pizza restaurant, adding to the area’s appeal.
- Located only three blocks from I-95, offering convenient access to major transportation routes.
- Queen Village is known for its charm and upscale residential and commercial atmosphere, enhancing property value.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Situated in the heart of Queen Village, 620-632 S 5th St & Bainbridge St offers a premier opportunity to lease 1,400 square feet of modern retail space within a newly constructed, three-story building.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
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 | 1,400 SF | Gross Leasable Area | 6,749 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,749 SF |
| Year Built | 2019 |
ABOUT THE PROPERTY
Located in the heart of Queen Village, 620-632 S 5th St & Bainbridge St presents an exceptional opportunity to acquire a modern retail space. This 6,749 square foot, three-story building, constructed in 2019, sits on a 0.14-acre lot and is strategically positioned amidst upscale cafes and distinguished eateries. The property benefits from its proximity to Dickinson Square Park, providing a scenic environment just steps away. With adjacency to the popular Airbnb-style Sonder the Queen and the Brooklyn-originated Emmy Squared Pizza, the location attracts significant foot traffic. Conveniently situated only three blocks from I-95, the property offers excellent connectivity to major transportation routes. Nearby amenities include Acme and Rite Aid, enhancing the site's appeal. Zoned C3, this property offers flexibility for various commercial uses, making it a prime investment in a thriving and vibrant neighborhood.
- Air Conditioning
NEARBY MAJOR RETAILERS
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624 S 5th St
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