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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 7,420

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Active

2400 KENSINGTON AVE #200 Philadelphia, PA 19125

14,000 SqFt

UPDATED:

09/30/2024 06:45 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Rent

Square Footage 14,000 sqft

Subdivision East Kensington

MLS Listing ID PAPH833080

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Lot Size 6,804 Sqft

Acres 0.16

Lot Dimensions 128.00 x 128.00

Property 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.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Concrete

Heat Source Electric

Exterior

Utilities Available Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

Roof Type Rubber

Accessibility None

Parking Type None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882250795

Ownership Other

Listed by Charles Balducci • KW Empower

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