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2400 Kensington Ave
For Rent $7,420
$7,420
- 2 Units
- Unknown Sq Ft
- 6,804 Sq Ft
- Unknown Cap Rate
Description
COMMERCIAL OFFICE-EVENT-SPECIAL PURPOSE SPACE: This space is a strategic corner location steps from the train to Center City and sits in the center of massive residential development. The second floor offers 7,000 SF of raw undeveloped open, expansive office, event, or special purpose space with 9' ceilings and is available for immediate lease: 5-10 year negotiable lease, NNN. ||| Historically this space was used to store dry goods for a ground-level grocery.? Today this space works nicely as a modern collaborative business co-working office center, business incubator, an expansive professional office setting, or as a professional event space.? It can also serve nicely as a web development technology center, an advertising, and graphic studio, or as a special-use flex space.? Let your imagination go to work to create a great office space model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby.? ||| The Landlord will provide a vanilla box, the Tenant is responsible for their fit-out and finishes.? The prospective occupancy timeline is six months. A single tenant is preferred. This space can be subdivided into four equal-sized units. The minimum unit subdivision is 1,750 SF of rentable space. The common space will include two large unisex powder rooms, two staircases, connecting hallways, and a modest outdoor space. The common space load factor will be approximately 20% or 300 SF per unit. Net usable space 1,450 SF per unit. NNN is about $0.185/SF/Month or about $324/Unit/Month. Tenants pay all utilities, U&O, and trash removal.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,420 |
| Property Type | Office |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882250795 |
| MLS # | PAPH833080 |
| Property ID | 293687066 |
| Lot Sqft | 6,804 |
| Zoning | CMX2 |
| Total Units | 2 |
| Days on Market | 1,905 |
| Original List Price | Unknown |
| Date Updated | September 30, 2024 |
| Date Created | September 11, 2019 |
| Pets | Unknown |
| Furniture | 0 |
| Laundry | 0 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Charles Balducci an agent of . Lic #RS286990
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Data last updated: November 28, 2024.
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