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2031 E Lehigh Ave

2,250 SF of Retail Space Available in Philadelphia, PA 19125

Highlights

  • East Kensington is a vibrant and rapidly growing neighborhood in Philadelphia
  • The area boasts a mix of historic charm and modern developments, with numerous local shops, trendy cafes, and a lively arts scene.
  • Part of new construction complex containing 71 residential units.
  • Known for its close-knit community, diverse and eclectic retail scene, and convenient location near public transportation.
  • There is a parking lot on site – spaces can be dedicated to retail tenants.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 2031 E Lehigh
  • 2,250 SF
  • 1-10 Years
  • £14.21 /SF/PA £1.18 /SF/MO £152.94 /m²/PA £12.74 /m²/MO £31,969 /PA £2,664 /MO
  • Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

» Retail #1 - 2,250 +/- SF of ground floor retail space at 2031 E. Lehigh on signalized corner of Frankford Ave and E. Lehigh Ave » Current Asking Price: $3,395/mo Gross » Dedicated outdoor space » High ceilings » There is potential to expand as your business grows. The entire commercial space is 5,950 +/- SF, which will be available in 2025 and the asking price would increase to $5,950/mo.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Corner Space
  • High Ceilings
Space Size Term Rent Service Type
1st Floor, Ste 2031 E Lehigh 2,250 SF 1-10 Years £14.21 /SF/PA £1.18 /SF/MO £152.94 /m²/PA £12.74 /m²/MO £31,969 /PA £2,664 /MO Modified Gross

1st Floor, Ste 2031 E Lehigh

Size
2,250 SF
Term
1-10 Years
Rent
£14.21 /SF/PA £1.18 /SF/MO £152.94 /m²/PA £12.74 /m²/MO £31,969 /PA £2,664 /MO
Service Type
Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

» Retail #1 - 2,250 +/- SF of ground floor retail space at 2031 E. Lehigh on signalized corner of Frankford Ave and E. Lehigh Ave » Current Asking Price: $3,395/mo Gross » Dedicated outdoor space » High ceilings » There is potential to expand as your business grows. The entire commercial space is 5,950 +/- SF, which will be available in 2025 and the asking price would increase to $5,950/mo.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Corner Space
  • High Ceilings

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 2031 E Lehigh Ave , Philadelphia, PA 19125

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Internal Area 19,400 SF
Year Built 2021
Parking Ratio 0.82/1,000 SF

About the Property

» Both spaces have large storefront windows allowing ample natural light » There is a parking lot on site – spaces can be dedicated to retail tenants. » Part of new construction complex containing 71 residential units. » Spaces are ideal for fitness, childcare, pet services, service oriented retail, community services, and office users. » Zoning - CMX-2 » East Kensington is a vibrant and rapidly growing neighborhood in Philadelphia, known for its close-knit community, diverse and eclectic retail scene, and convenient location near public transportation. The area boasts a mix of historic charm and modern developments, with numerous local shops, trendy cafes, and a lively arts scene that attracts both residents and visitors.

  • 24 Hour Access
Walk Score ®
Very Walkable (82)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
Honeygrow
Starbucks
Citizens Bank
IGA
Planet Fitness
Applebee's
WSFS Bank
Bank of America
Philly Pretzel Factory
  • Listing ID: 32706020

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 2031 E Lehigh Ave, Philadelphia, PA 19125

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