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Wyomissing Promenade 951 Hill Ave
3,483 - 10,358 SF of 4-Star Retail Space Available in Wyomissing, PA 19610
Highlights
- Complete Redevelopment Project
- 135 Room Marriott Courtyard Adjacent
- 248 Luxury Mid-rise Apartments above space
- 342 Parking Spaces
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Ground | 3,483 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| Ground | 6,875 SF | 3-15 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
Ground
32,650 SF Neighborhood Retail Center •Excellent location in the Heart of Wyomissing •248 Unit Premium Apartments Directly Attached •135 Room Marriott Hotel Adjacent •60,000 SF Office Building around the corner •342 Parking Spaces •31000 Vehicles Per Day
- Located in-line with other retail
- Great location
Ground
Full Service Restaurant with outdoor patio
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 951 Hill Ave , Wyomissing, PA 19610
About the Property
A 32,650 SF Retail area that will be designed with attractive promenades and outside seating. The retail space will have great visibility and excellent parking. The suites can be demised to 1,800 SF (possibilities for even smaller after initial build out) or a max contiguous of over 12,000 SF. Unique opportunity to have a location in a Neighborhood Retail Center that is immediately attached to 248 upscale luxury apartments in the heart of Wyomissing, The location is walking distance to the residential neighborhoods, a new Marriott Courtyard, the entire Vanity Fair Outlet center, over 100,000 SF of office
- 24 Hour Access
- Air Conditioning
Nearby Major Retailers
-
Joe Raniszewski -
Akiva Goldstein -
MSC
Presented by
Wyomissing Promenade | 951 Hill Ave
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