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7401 Woodbine Ave 1,450 SF of Retail Space Available in Philadelphia, PA 19151
HIGHLIGHTS
- Sidewalk Double Serving Window. Great Visibility & Frontage on Haverford Ave. Established, Successful Location. No Big CAM Charges or Junk Fees.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,450 SF | Negotiable | $18.70 /SF/YR $1.56 /SF/MO $27,115 /YR $2,260 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
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 | 1,450 SF | Gross Leasable Area | 4,394 SF |
| Property Type | Retail | Year Built/Renovated | 1949/2021 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,450 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,394 SF |
| Year Built/Renovated | 1949/2021 |
ABOUT THE PROPERTY
Rare Opportunity. 1,450 sq.ft. retail/food service space with Sidewalk Serving Window in Overbrook Park @ the Interstection of Haverford and Woodbine Aves. Great visibility & road frontage on busy Haverford Ave. Down the block is Lamberton School, across the street is the Overbrook Park branch of the library and there is a bus stop directly in front. For 25 years this location was a successful water ice store. The property was last used as a coffee shop. This first floor space was thoughfully renovated in 2021 and is divided into 2 sections. The "serving window", or "A" side, is approx. 450 sq. ft. with a 3 bowl prep sink, a floor mop sink, a manager's office, powder room, plate glass windows and the walk up double serving window. There is an inner door that leads to a large open area, the "B" side. In the past this was used for water ice production and storage. The "B" side also features plate glass windows, and a commercial glass customer entrance. This space now features a coffee bar and was used for sit down customers. There is a new powder room in the back, and it has access to a shared laundry room. Both A and B sides have direct basement access for mechanicals and storage. The space features gas heat, hot water and central air. It's separately metered for gas, electric and water. This is a corner property with great roof line/awning signage space. The large windows provide for additional advertising. The owner would prefer to rent the two sides as a package. Minimum lease term is 3 years. Owner will include 2 year renewal options thereafter. Rent for Years 1 & 2 is $2,195/mo. (Note - If the space is split into A and B sides, the A side (serving window) will rent for $1,295/mo. & the B Side will rent for $1,450 /mo. Rent in Year 3 will increase by the greater of 3% per year, or the CPI increase. Tenant is responsible for gas, electric, water, U&O tax if any, routine maintenance of the interior space and systems, plus seasonal HVAC cleaning. Alterations and fit-out are the tenant's responsibility and subject to the owner's review and approval. Lease start date is flexible. Owner pays taxes, insurance, trash, major systems replacement, and exterior maintenance. $45 per person application fee. BROKERS ARE WELCOME AND PROTECTED. Owner will pay a market rate commission for an approved tenant. (Please call for commission details.) To schedule a showing please call or email. Thanks for finding us.
- 24 Hour Access
- Corner Lot
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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7401 Woodbine Ave
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