True
Space Available For Lease 1
Fist Floor and Basement |
Address: 669 E Lippincott St 1,200 square feet (600 sf on first floor; 600 sf on basement floor) retail space for lease (available immediately). Asking rent is $1,500 per month plus reimbursements. Free rent will be provided to give tenant time to build out space. Potential uses include: deli, hair salon, hardware store, general store, electronics store, phone store, etc. Highlights of space include: - Motorized roll down gates - Three LARGE storefront windows - 24 hour security camera system - Separately metered electric from second floor residential unit |
Property Details
- Property Type Retail - Street Retail
- Property Size 1,800 SF
- Additional Rent $2.50/SF/YR
- # of Floors 2
- Average Floor Size 600 SF
- Property Tenancy Multi-Tenant
- Date Updated May 15, 2024
Overview:
-1,200 square feet (600 square feet on first floor; 600 square feet on basement floor) retail space for lease (available immediately).
Rent:
-Base rent of $1,500 per month plus reimbursements (real estate taxes, insuranace, trash fees, water/sewer) of ~$250 per month = Monthly total rent of ~$1,750.
- Tenant will pay for electric directly to service provider.
Highlights of space include:
- Potential uses include: deli, hair salon, nail salon, hardware store, general store, electronics store, phone store, etc.
- Electric motorized roll down security gates
- Three LARGE storefront windows
- 24 hour security camera system
- Separately metered electric from second floor residential unit (which iscurrently occupied and not for lease)
Other Information:
-The front room has refrigerators and shelving already in place. There is also a small room in the back to accommodate a kitchen should the tenant want to build it out. There is a new gas hot water heater. The full height basement is accessed from the inside floor and can be used for storage.
-The previous tenant operated a corner market but this area would benefit from a salon, barber shop, small restaurant or pizza delivery. Electric remote control gates cover the front door and all windows. There are two carry out windows for late night sales.
-We want a tenant with retail experience and adequate funding to start a new business, or expand on an existing one. This space could also be a great spot to run a ghost kitchen or delivery operation.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Kensington Neighborhood in a densely populated residential node
- Store Front
- Large Windows
- Electric motorized roll down security gates
- 24 hour security camera system
Attachments
Getting around
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Walk Score ®
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Location
- City Philadelphia, PA
- Neighborhood Kensington
- Zip Code 19134
- Market Philadelphia
Points of Interest
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Shannon Cab Co.
0.62 miles
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Tioga
0.65 miles
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Berks
1.49 miles
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Girard Avenue & Aramingo Avenue
1.68 miles
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Girard Avenue & Berks Street
1.74 miles
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Girard Avenue & Palmer Street
1.85 miles
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Allegheny
1.90 miles
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Girard Avenue & Columbia Avenue
1.93 miles
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Temple University
1.97 miles
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North Philadelphia
1.99 miles
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Sunoco
0.71 miles
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Liberty
0.79 miles
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Lukoil
0.98 miles
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Conoco
1.20 miles
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Speedway
1.22 miles
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PnP Gas
1.30 miles
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Wawa
1.31 miles
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BP
1.33 miles
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Amera
1.38 miles
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eVgo
1.57 miles
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Saint Christopher's Hospital for Children Accessory Parking lot
0.75 miles
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Lowe's
1.35 miles
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The Home Depot
1.43 miles
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Tacony Creek Trail Parking
1.50 miles
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Target parking
1.52 miles
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Philadelphia Police 26th District Parking Lot
1.75 miles
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Ontario Parking Garage
1.81 miles
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South Parking Lot
1.83 miles
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West Parking Lot
1.83 miles
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Decoo Restaurant
0.12 miles
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Good Good
0.42 miles
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Sing Palace
0.43 miles
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Good Taste
0.52 miles
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Cheng Long
0.62 miles
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Central Chinese
0.62 miles
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Di Napoli Pizza
0.63 miles
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Casa del Buen Gusto
0.63 miles
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El Esfuerzo Restaurant
0.64 miles
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Freddy & Tony's
0.64 miles
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Great Family Retail and Supermarket
0.12 miles
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Sam's Super Market
0.70 miles
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Save-A-Lot
0.83 miles
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Fine Fare
0.84 miles
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Ross
0.89 miles
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dd's Discounts
0.91 miles
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Forman Mills
1.00 miles
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Burlington
1.03 miles
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Marshalls
1.04 miles
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Lidl
1.27 miles
669 E Lippincott St 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.
669 E Lippincott St is located in Kensington, which is home to a total of 4 listing(s). Retail space at 669 E Lippincott St asks $17.50/SF/YR per square foot.
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The property includes 1,200 square feet of retail space for lease. Of this total, 1,200 square feet are Street Retail.
Lease agreement conditions for the availability at this property include NNN.
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 Kensington is 32. The average household income here is $44,683 per year.
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.