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Shrewsbury Square 70-98 E Forrest Ave 1,510 - 5,420 SF of Retail Space Available in Shrewsbury, PA 17361
HIGHLIGHTS
- 566 parking spaces
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,510 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $36,240 /YR $3,020 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 11 | 1,510 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $36,240 /YR $3,020 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 13 | 2,400 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $57,600 /YR $4,800 /MO | Triple Net (NNN) |
1st Floor, Ste 10
This 1,510 SF retail space is available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 11
This 1,510 SF retail space is available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 13
This 2,400 SF retail space is available for lease.
- 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 | 5,420 SF | Total Land Area | 18.50 AC |
| Property Type | Retail | Year Built | 2003 |
| Gross Leasable Area | 80,825 SF | Parking Ratio | 4/1,000 SF |
| Total Space Available | 5,420 SF |
| Property Type | Retail |
| Gross Leasable Area | 80,825 SF |
| Total Land Area | 18.50 AC |
| Year Built | 2003 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
Shrewsbury Square is a ± 94,706 square foot dominant grocery-anchored retail center located directly off of I-83 (54,000 VPD) at the signalized intersection of PA-851 (22,000 VPD) and Mt Airy Road. The upscale shopping center offers a mix of both local and national retailers, including Giant, Starbucks, Verizon, Chic-Fil-A and Hair Cuttery to name a few. The strong traffic count and strategic placement of Shrewsbury Square creates the perfect opportunity for any retailer to enter the Shrewsbury market off the main North/South roadway in the area.
- Banking
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Shrewsbury Square | 70-98 E Forrest Ave
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