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4860 Penn Ave
960 SF of 4-Star Retail Space Available in Sinking Spring, PA 19608
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 7 | 960 SF | 12 ft | Negotiable | £11.85 /SF/PA £0.99 /SF/MO £127.55 /m²/PA £10.63 /m²/MO £11,376 /PA £948.01 /MO | Triple Net |
1st Floor, Ste 7
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 12 ft
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 4860 Penn Ave , Sinking Spring, PA 19608
| Property Type | Retail | Total Land Area | 1.36 AC |
| Property Subtype | Storefront | Year Built | 2020 |
| Gross Internal Area | 70,961 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 70,961 SF |
| Total Land Area | 1.36 AC |
| Year Built | 2020 |
About the Property
A ±960 square-foot space is available for lease at the Sinking Spring Shopping Center, offering a prime location with excellent exposure and accessibility. This space is strategically positioned near the recently opened Mavis Discount Tire and adjacent to the high-traffic Grocery Store Redner's, providing strong foot traffic and customer draw from established neighboring retailers. The location benefits from outstanding visibility along Penn Avenue, which sees an average of 18,000 vehicles per day (VPD), maximizing exposure to passing traffic. Additionally, the site is surrounded by popular establishments, including Redner's Markets, Wine & Spirits, M&T Bank, Rite Aid, Julie's Fast Food Center, and Tower Health Urgent Care, which collectively attract visitors from distances of up to five miles away. This leased space is versatile and suitable for a wide range of uses, making it an ideal choice for businesses seeking a vibrant, high-traffic retail environment with steady regional customer flow.”
-
Kent Wrobel -
RE/MAX of Reading
Presented by
4860 Penn Ave
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