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The Shoppes at Upper Hanover 620-632 Gravel Pike
2,250 SF of Retail Space Available in East Greenville, PA 18041
Highlights
- The property is situated in a highly visible outparcel strip center adjacent to Walmart.
- Situated within The Shoppes at Upper Hanover, which attracts over 171,000 visits per month.
- Being part of The Shoppes at Upper Hanover, the property is integrated into an established retail hub.
- The location provides excellent access to Route 29, a major thoroughfare that enhances convenience for both customers and suppliers.
- The area is surrounded by a mix of commercial and residential developments.
- The space offers excellent visibility due to its location within a high-traffic shopping center.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 0.05 AC | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
622 Gravel Pike - 1st Floor
Offering ±2,250 square feet of flexible retail space, the property accommodates a variety of business needs and configurations.
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 620-632 Gravel Pike , East Greenville, PA 18041
| Centre Type | Community Center | Gross Leasable Area | 203,719 SF |
| Parking | 1,145 Spaces | Total Land Area | 80.36 AC |
| Centre Properties | 4 | Year Built | 2006 |
| Frontage | 955 ft on Gravel Pike | Cross Streets | Blommer Drive |
| Centre Type | Community Center |
| Parking | 1,145 Spaces |
| Centre Properties | 4 |
| Frontage | 955 ft on Gravel Pike |
| Gross Leasable Area | 203,719 SF |
| Total Land Area | 80.36 AC |
| Year Built | 2006 |
| Cross Streets | Blommer Drive |
Features and Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalised Intersection
-
Seth Lacey -
Derek Zerfass -
Scott Horner -
Colliers
Presented by
The Shoppes at Upper Hanover | 620-632 Gravel Pike
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