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7165 Germantown Ave
6,800 SF of Retail Space Available in Philadelphia, PA 19119
Highlights
- Location
- Original Character
- Large Space
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 6,800 SF | 18 ft - 20 ft | 5 Years | £11.30 /SF/PA £0.94 /SF/MO £121.67 /m²/PA £10.14 /m²/MO £76,866 /PA £6,406 /MO | Triple Net |
1st Floor
With a large dining room area, classic style bar, two kitchen spaces, performance stage, outdoor dining, and more storage space than most restaurants can offer, the elements for success are apparent. The space has previously been a jazz club, neighborhood restaurant, catering commissary, event space, and incubator kitchen. 6800 total sq ft including the basement prep and storage areas. Present dining room configuration allows for 100+ seats, with an additional 50-100 seats outdoors.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Kitchen
- Freezer Space
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 18 ft - 20 ft
- Basement
- Wooden Floors
- Display Window
- Ventilation - Venting
- Great Location
- High Ceilings
- Multi Purpose restaurant/ Venue Space
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 7165 Germantown Ave , Philadelphia, PA 19119
| Property Type | Retail | Gross Internal Area | 6,800 SF |
| Property Subtype | Restaurant | Year Built | 1935 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 6,800 SF |
| Year Built | 1935 |
About the Property
Offered for the first time on the open market, 7165 Germantown Avenue can be your turn-key opportunity, or a template for a customizable restaurant space. With a large dining room area, classic style bar, two kitchen spaces, performance stage, outdoor dining, and more storage space than most restaurants can offer, the elements for success are apparent. The space has previously been a jazz club, neighborhood restaurant, catering commissary, event space, and incubator kitchen. 6800 total sq ft including the basement prep and storage areas. Present dining room configuration allows for 100+ seats, with an additional 50-100 seats outdoors. Centrally located in Mount Airy, this space has the potential to be the next neighborhood staple. Local businesses include the Quintessence Theater Group (at the historic Sedgwick Theater), McMenamin’s Tavern, Bar Lizette, Wawa, Univest Bank, Sook Vinyl and Vintage, and Outlaw Arts. The neighborhood has the necessary population and local traffic for a business to thrive. Liquor License available for purchase subject to terms of lease.
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Matt Aragona -
Compass Commercial
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7165 Germantown Ave
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