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Sullivan Progress Plaza 1501 N Broad St
3,000 - 12,300 SF of Office Space Available in Philadelphia, PA 19122
Highlights
- Accessible by all major forms private and public transportation, located in a dense diverse population, from college students (Temple U.) to Seniors
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,000-6,800 SF | 5-20 Years | $28.00 /SF/YR $2.33 /SF/MO $190,400 /YR $15,867 /MO | Modified Gross | ||
| 2nd Floor | 5,500 SF | 5-20 Years | $22.00 /SF/YR $1.83 /SF/MO $121,000 /YR $10,083 /MO | Modified Gross |
1501 N Broad St - 2nd Floor
Turnkey office space. Large conference room that holds ~100 people, and 2 small conference rooms ~15 people each. $25 - $30 a SF for rental price depending on tenant.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 10 Private Offices
- 3 Conference Rooms
- 35 Workstations
- Central Air Conditioning
- Located in-line with other retail
1501 N Broad St - 2nd Floor
$21 - $26 a SF for rental price - varies on tenant needs.
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Central Air and Heating
- Private Restrooms
- Build to suit opportunity for tenant!
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.
SELECT TENANTS AT Sullivan Progress Plaza
- Tenant
- Description
- US Locations
- Reach
- Citizens Bank
- Bank
- 1,941
- National
- My Doc Urgent Care
- MD/DDS
- 1
- Local
- Nail Image
- Nail Salon
- 1
- Local
- Pennsylvania Democratic Party
- Other Services
- 3
- Local
- Sherwin-Williams
- Paint/Wallpaper
- 5,667
- International
- Sunray Drugs Progress Plaza
- Drug Store
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Citizens Bank | Bank | 1,941 | National |
| My Doc Urgent Care | MD/DDS | 1 | Local |
| Nail Image | Nail Salon | 1 | Local |
| Pennsylvania Democratic Party | Other Services | 3 | Local |
| Sherwin-Williams | Paint/Wallpaper | 5,667 | International |
| Sunray Drugs Progress Plaza | Drug Store | 1 | Local |
PROPERTY FACTS FOR 1501 N Broad St , Philadelphia, PA 19122
| Min. Divisible | 3,000 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 89,694 SF |
| Parking | 876 Spaces | Total Land Area | 12.98 AC |
| Stores | 18 | Year Built | 1968 |
| Center Properties | 3 |
| Min. Divisible | 3,000 SF |
| Center Type | Neighborhood Center |
| Parking | 876 Spaces |
| Stores | 18 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 89,694 SF |
| Total Land Area | 12.98 AC |
| Year Built | 1968 |
About the Property
Sullivan Progress Plaza is the first African American owned shopping center in the United States. It was founded in 1968 by the late Rev. Dr. Leon H. Sullivan, and funded by Zion Baptist Church charter members, the local Philadelphia black community, and individual investors. The 95,000 square foot commercial property completed a $22 million dollar renovation in 2009. In 2016, The Pennsylvania Historical and Museum Commission unveiled a historical marker on North Broad Street, acknowledging the work of Rev. Leon H. Sullivan and the national impact of the Sullivan Progress Plaza commercial venture. Sullivan Progress Plaza celebrated a 50-year milestone during 2018 and remains a beacon of pride in the North Philadelphia community.
- 24 Hour Access
- Banking
- Bus Line
- Commuter Rail
- Corner Lot
- Fenced Lot
- Metro/Subway
- Property Manager on Site
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
Nearby Major Retailers
Learn More About Renting Office Space
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Sullivan Progress Plaza | 1501 N Broad St
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