True
Space Available For Lease 2
Space Available |
NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease.
Corinn KirchnerPPM Real Estate
Alexandra EbertPPM Real Estate
Tracy L. HorstPPM Real Estate |
Space Available |
NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease.
Corinn KirchnerPPM Real Estate
Alexandra EbertPPM Real Estate
Tracy L. HorstPPM Real Estate |
Contacts
Corinn Kirchner
PPM Real Estate
Alexandra Ebert
PPM Real Estate
Tracy L. Horst
PPM Real Estate
Property Details
- Property Type Retail
- Property Size 2,790 SF
- Additional Rent Contact for pricing
- # of Floors 12
- Date Updated Nov 18, 2024
- Visibility/Traffic Count (VPD) 12,000
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Getting around
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99/100
Walk Score ®
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75/100
Bike Score ®
Location
- City Lancaster, PA
- Neighborhood Lancaster Central Business District
- Zip Code 17603
- Market Harrisburg
Points of Interest
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Lancaster
0.92 miles
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Sunoco
0.16 miles
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US Gas
0.33 miles
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Turkey Hill
0.48 miles
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Sheetz
2.00 miles
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Tesla Supercharger
2.83 miles
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Red Rose Transit Authority Parking Garage
0.04 miles
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Duke Street Parking Garage
0.08 miles
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Prince Street Parking Garage
0.12 miles
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Grant Street Parking Lot
0.17 miles
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Hagers
0.21 miles
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King Street Parking Garage
0.30 miles
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Richards Hall Parking
0.69 miles
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Cokesbury and Resident Parking
0.70 miles
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Faculty, Staff and Vistor Parking
0.71 miles
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Admission Parking
0.82 miles
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The Imperial
0.01 miles
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Subway
0.04 miles
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El Rincon Ponceno
0.10 miles
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Yorgos Restaurant & Lounge
0.12 miles
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Himalayan Curry & Grill
0.13 miles
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Passerine
0.15 miles
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Pho & Billiards
0.15 miles
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Issei Noodle
0.16 miles
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Sprout
0.17 miles
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Sa La Thai
0.18 miles
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Marshalls
1.31 miles
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Weis
1.33 miles
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Lancaster Shopping Center
1.63 miles
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Whole Foods Market
1.72 miles
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Stone Mill Shopping Center
1.82 miles
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Giant
1.84 miles
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Target
1.88 miles
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Burlington
2.05 miles
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Everest Indian Grocery Store
2.17 miles
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Wegmans
2.22 miles
1 West Chestnut Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1 West Chestnut Street is located in Lancaster Central Business District, which is home to a total of 8 listing(s). Retail space at 1 West Chestnut Street asks $23.00/SF/YR per square foot.
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The property includes 2,790 square feet of retail space for lease. Of this total, 2,790 square feet are Retail.
Lease agreement conditions for the availability at this property include NN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Lancaster Central Business District is 36. The average household income here is $74,159 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
