2400 Kensington Ave #200, PHILADELPHIA, PA

$7,420

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7,000

Square feet

0.16

Acres

About 2400 Kensington Ave #200

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.

Features of 2400 Kensington Ave #200

MLS® # PAPH833080
Price $7,420
Bathrooms 0.00
Square Footage 7,000
Acres 0.16
Year Built 1900
Type Commercial Lease
Sub-Type Office
Status Active

Community Information

Address 2400 Kensington Ave #200
Area 19125
Subdivision EAST KENSINGTON
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19125

Amenities

Utilities Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available
Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description Corner Lot
Roof Rubber

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed September 12th, 2019
Days on Market 1879
Zoning CMX2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Empower

Listing Map

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