Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1003 AVENUE OF THE STATES Chester, PA 19013

    View on Map
    For Lease
    $2,900 /Mo

    CommercialLease - CHESTER, PA

    Type:Retail
    Property size:
    1,100 SF
    Lot size:
    0.03 Acres
    Added:
    Feb 5, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 1 at 11:06 pm

    Property Features for 1003 AVENUE OF THE STATES

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    5
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    1,100 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2009
    Building materials
    Block, Brick, Brick Front, Glass

    We can help!

    Listing Contact
    Rose Scott

    Listing agent Rose Scott License #RS364542

    Listing office Keller Williams Real Estate - Media 1400 N Providence Road unit: Suite 1000, Media, PA

    Listing date Feb 5, 2026

    MLS# PADE2107352

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Chester, PA

    This 1,100-square-foot retail space is located at 1003 Avenue of the States in Chester, PA. The property is positioned along a high-traffic corridor within an established business district and directly adjacent to a residential community. It offers an excellent opportunity for businesses seeking strong visibility and consistent foot traffic, providing a built-in customer base and daily exposure. The location benefits from immediate access to major expressways, allowing for easy and convenient access for both customers and clients. The property has a lot size of 0.0253 acres. The space is clean, well-maintained, and move-in ready, making it ideal for a variety of retail or service-oriented uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.36056
    Latitude
    39.85413

    Nearby Similar for Lease

    • Contact for pricing

      Office Building with Parking

      Office building for lease with parking near I-95 and 476.
      441 W 21ST Street, CHESTER, PA 19013
      View Details
    • Contact for pricing

      Spacious Garage for Storage

      Garage with space for vehicles and other storage needs.
      336 W 9TH STREET, CHESTER, PA 19013
      View Details
    • Contact for pricing

      Former Rite Aid Available For Rent

      14,564 SF former Rite Aid on 2.45 acres.
      9th West Maple Ave, Chester, PA
      View Details
    • Contact for pricing

      Shared Office Space Available

      Shared office space suitable for various professional uses.
      0 Dutton Mill Rd, ASTON, PA, 19014
      View Details
    • Contact for pricing

      Retail/Office Space on PA-352

      Retail/office space with high traffic and dense population.
      2521-2525 Edgmont Ave, Chester, PA
      View Details
    • $120/mo

      Retail Space Available

      Former clothing store space available for rent.
      609 Avenue of the States, Chester, PA 19013
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office suites with premier access to Philadelphia and Delaware.
      86 Seminary Ave, Chester, PA
      View Details
    • Contact for pricing

      Chester Warehouse with Dock Loading

      Warehouse space with dock loading and private entrance available for rent.
      2525 W 3rd St, Chester, PA 19013
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail spaces available for lease.
      1936 MacDade Boulevard, Chester, PA 19013
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Approximately 9,600 SF retail space available for lease.
      1500 Edgmont Ave, Chester, PA 19013
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,100 SF retail space in high-traffic Chester location.
    Where is this retail space located?
    The property is located at 1003 AVENUE OF THE STATES Chester, PA.
    What is the lease rate?
    The lease rate is $2,900 /Mo.
    What are key features of this property?
    This property features: High‑traffic location in an established business district.; Directly adjacent to a residential community providing a built‑in customer base.; Immediate access to major expressways for convenient customer and client access.
    (610) 605-0937
    We can help!
    Listing Contact
    Rose Scott
    Real Estate License ID: RS364542
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!