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Somerset Commons 1534 N Center Rd
5,500 SF of Retail Space Available in Somerset, PA 15501
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 165 | 5,500 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net |
1534 N Center Ave - 1st Floor - Ste 165
- Lease rate does not include utilities, property expenses or building services
- 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 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.
SITE PLAN
SELECT TENANTS AT Somerset Commons
- Tenant
- Description
- US Locations
- Reach
- Fine Wine & Good Spirits
- Liquor
- 929
- Local
- Marshalls
- Dept Store
- 1,498
- International
- Tractor Supply Company
- Home Improvement
- 2,564
- National
| Tenant | Description | US Locations | Reach |
| Fine Wine & Good Spirits | Liquor | 929 | Local |
| Marshalls | Dept Store | 1,498 | International |
| Tractor Supply Company | Home Improvement | 2,564 | National |
PROPERTY FACTS FOR 1534 N Center Rd , Somerset, PA 15501
| Centre Type | Community Center | Gross Leasable Area | 102,057 SF |
| Parking | 645 Spaces | Total Land Area | 11.64 AC |
| Stores | 10 | Year Built | 1970 |
| Centre Properties | 1 |
| Centre Type | Community Center |
| Parking | 645 Spaces |
| Stores | 10 |
| Centre Properties | 1 |
| Gross Leasable Area | 102,057 SF |
| Total Land Area | 11.64 AC |
| Year Built | 1970 |
Nearby Major Retailers
Presented by
MDC Brokerage
Somerset Commons | 1534 N Center Rd
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