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Rite Aid Drug Store 2017 S Broad St 1 SF of Retail Space Available in Philadelphia, PA 19148
Highlights
- High-Visibility Retail Corridor
- Prime Transit-Adjacent Position
- Premier Pedestrian Frontage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1 SF | 5-20 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
1st floor - retail space 12,014 sq ft. 2nd floor - 1,500 sq ft. Basement - 12,014 sq ft.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1 SF | Gross Leasable Area | 12,159 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Drug Store |
| Total Space Available | 1 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 12,159 SF |
| Year Built | 1960 |
About the Property
1st floor - retail space 12,014 sq ft. 2nd floor - 1,500 sq ft. Basement - 12,014 sq ft. 2017 South Broad St is located just south of Philadelphia City Hall and the "Avenue of the Arts", a premier cultural and commercial corridor in Center City. This area is highly walkable, dense with restaurants, residential units, and transit. Being just steps away from the Broad Street Line Snyder Station hub, this property captures the highest pedestrian density in the South Broad corridor, making it an ideal anchor for any retail, restaurant, and service-based business. The location offers excellent connectivity to I-95 / I-76 and is served by extensive public transit (public buses on Broad Street and subways running underneath), placing it within short walking distances of major cultural sites like the Kimmel Center and Academy of Music. Nearby amenities include Avenue of the Arts entertainment venues, Italian Market on 9th Street, restaurants on Passyunk Ave, and close proximity to the South Philadelphia Sports Complex. With strong walkability, transit accessibility, and proximity to major retail and employment hubs, the location offers a highly desirable market opportunity in Philadelphia.
Nearby Major Retailers
Presented by
Golden Sage Management LLC
Rite Aid Drug Store | 2017 S Broad St
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