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BLDG 364 1509 E 38th St
5,478 SF of Retail Space Available in Erie, PA 16510
Highlights
- Versatile layout suited for retail or strip center ventures
- High visibility in a prime location
- Easy access to major routes for convenient connectivity
- Ample parking for customer convenience
- Well-maintained interior space ready for customization
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste B | 5,478 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste B
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 agent 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 FOR 1509 E 38th St , Erie, PA 16510
About the Property
Position your business for success at 1509 E. 38th St., Erie, PA. This exceptional property offers a versatile layout, perfectly suited for a variety of retail or strip center ventures. With ample parking and high visibility, it provides the ideal setting for customer convenience and enhanced exposure. The well-maintained interior space is ready for customization, enabling you to tailor the layout to your specific business needs. Benefit from easy access to major routes, ensuring convenient connectivity for patrons and suppliers alike. Seize the opportunity to elevate your business in this strategically positioned space, bespoke to accommodate your unique vision and propel your retail or strip center venture toward success.
- Air Conditioning
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Power Broker Sam Stilp -
Legacy Commercial Property
Presented by
BLDG 364 | 1509 E 38th St
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