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Mount Carmel Plaza 540 W Mount Carmel Ave
850 - 11,850 SF of Space Available in Glenside, PA 19038
Highlights
- Busy prime retail center
- Lots of parking - Tons of drive-by traffic
- Great visibility Great access
- Can be used for: Retail; Service; Showroom; Supply House; Flex
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,600 SF | 5 Years | $21.07 CAD/SF/YR $1.76 CAD/SF/MO $226.80 CAD/m²/YR $18.90 CAD/m²/MO $16,856 CAD/MO $202,274 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,400 SF | Negotiable | $35.12 CAD/SF/YR $2.93 CAD/SF/MO $378.00 CAD/m²/YR $31.50 CAD/m²/MO $4,097 CAD/MO $49,164 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 850 SF | Negotiable | $42.14 CAD/SF/YR $3.51 CAD/SF/MO $453.60 CAD/m²/YR $37.80 CAD/m²/MO $2,985 CAD/MO $35,819 CAD/YR | Triple Net (NNN) |
540 W Mount Carmel Ave - 1st Floor
Busy prime retail center Great visibility Great access Lots of parking Tons of drive-by Can be used for: Retail Service Showroom Supply House Flex
- Lease rate does not include utilities, property expenses or building services
- 1 Loading Dock
- Central Air Conditioning
- Drop Ceilings
540 W Mount Carmel Ave - 1st Floor - Ste 3
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
540 W Mount Carmel Ave - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
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 broker 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 540 W Mount Carmel Ave , Glenside, PA 19038
| Center Type | Strip Center | Frontage | 244’ on Mt Carmel Ave |
| Parking | 69 Spaces | Gross Leasable Area | 15,323 SF |
| Stores | 5 | Total Land Area | 1.30 AC |
| Center Properties | 1 | Year Built | 1975 |
| Center Type | Strip Center |
| Parking | 69 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | 244’ on Mt Carmel Ave |
| Gross Leasable Area | 15,323 SF |
| Total Land Area | 1.30 AC |
| Year Built | 1975 |
Features and Amenities
- Pylon Sign
-
Sam Lichtenstein -
Midland Properties
Presented by
Mount Carmel Plaza | 540 W Mount Carmel Ave
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