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2301-03 N Broad St
Philadelphia, PA 19132

Property For Lease · 14,600 SF

Highlights

  • COMING SOON!!! 2,907 SQAURE FEET OF EXISTING PHYSICAL THERAPY SPACE. DON'T MISS AN OPPORTUNITY TO BE IN A WELL WELL KNOWN FACILITY FOR PHYSICAL THERA

About the Property

Available for 1/1/24. A 2,907 sq.ft. 1st fl. commercial space currently used as a busy, successful physical therapy office. It is located in a turn-of the century Victorian style building at the busy intersection of Broad and Dauphin Sts. just a few blocks North of Temple's Main Campus. This highly visible, proven location has a high traffic count, and is adjacent to all forms of public transit. Need a new location for your growing business? Want to start a new business in the rapidly developing Temple U market? This could be your spot. Please see the “space notes” section for additional info and lease terms. Please call or email for additional information, or if you have any questions. This 2,907 sq.ft. first floor commercial space has been a successful physical therapy office for 20+ years. It can be used for physical therapy, outpatient rehab, a medical office, lab testing facility, a research or clinical office, work-out studio, general retail, etc. This is a GOLDEN OPPORTUNITY in a well-established location, immediately next to public transportation (subway & bus). It is a highly visible corner location with 45' of Broad St. frontage. Whether you are looking to relocate, add an additional facility or just starting out, this is a prime location in an extremely well-maintained property. The Subway and bus stops are literally outside the doors of this facility. Property includes an ADA wheelchair ramp. Rent is a special promo rate of $19.50/sq.ft. triple net in year 1. (Base rent is $4,725 per month) Thereafter, rent to increase to $20.50/sq.ft. in year 2, $21.50/sq.ft. in year 3, and then $22.50/sq.ft. in years 4&5. Tenant pays separately metered gas & electric plus 25% of normal building expenses such as taxes, insurance, water, sewer, trash, common area electric, snow removal, exterior maintenance, etc. Oper. expenses and CAM currently total to approx. $2,038/mo or $8.41 per foot. Total rent in year 1 is approx. $6,763/mo. Min lease term is 5 years. Renewal options will be considered. Security deposit is negotiable but a minimum of 2 mos. is required. No application fee. Tenant Agent Commission is 12.50% of year one total rent which approximates2.5% of the full total 5-year proposed term of the lease. (Based on asking rent, the commission would be $9,112.50 to tenant’s agent) This space is available. for January 1, 2024, or after.All appointments must be verified through listing agent or property manager Jim with a minimum of 24 hours’ notice. All Showings will be scheduled Monday-Friday 9 to 5. To schedule, please call Linda (or Jim) @ 610-873-6024 or Linda’s cell 610-389-2271. Thanks for finding us.

PROPERTY FACTS

Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Size 14,600 SF
Year Built/Renovated 1915/2020

Features and Amenities

  • Controlled Access
  • Laundry Facilities
  • Security System
  • Recycling
  • Vintage Building
  • Bicycle Storage
  • Maintenance on site
  • Public Transportation
  • Listing ID: 27962818

  • Date on Market: 2023-03-13

  • Last Updated:

  • Address: 2301-03 N Broad St, Philadelphia, PA 19132

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