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Class A Office Suite with Bay Views
For Lease
$14.75 SF/Yr

101-100 State St, Erie, PA 16507

Class A office suite offers an open layout with abundant windows and full westerly Bay views.

Space SizeContact for details
Property Size3,158 SF
Days on Market1740

Property Features for 101-100 State St

General Information

Standard status Active
Size 3,158 SF
Class A
Lease Type FS

Amenities

porter service
elevator service
on-site indoor and surface parking
Listing Agency: Passport Realty LLC
Listed By: Gregory Rubino
Source: Exprealty
Added: Oct 30, 2021 Changed: Jul 23 Last Checked: Jul 31 at 4:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Passport Realty LLC

Investment Insights

Based on property information with market context.

This Class A office suite features abundant window space with full westerly views of the Bay. The interior is configured as an open floor plan with new finishes, and the suite is in excellent condition. It is available on a full-service lease basis.

Operating expenses are listed at $7.75 per square foot, and include common area maintenance, real estate taxes, utilities, insurance, porter service, full HVAC service, elevator service, and on-site indoor and surface parking. The former UPMC space relocated to its new building, leaving the suite available for the next tenant.

The suite is sized at 3,158 square feet and includes an on-site parking offering with both indoor and surface options.

Key Highlights

  • Class A office suite with an open layout and abundant windows
  • Full westerly Bay views
  • Base rent $14.75 PSF per year

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon HVAC Service Nail Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,241
Businesses Nearby

Demographics for 16507, PA

9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
Median Home Value

Market

Lease Benchmarks for Erie, PA

$14.38 /SF/Yr
Avg Asking Price
$5.5–$37.05 /SF/Yr
Price Range
12,940 SF
Avg Space Size

This space is priced 3% above the average of $14.38 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office suite offers an open layout with abundant windows and full westerly Bay views.
Where is this office units located?
The property is located at 101-100 State St Erie, PA.
What is the lease rate?
The lease rate is $14.75 SF/Yr.
What are key features of this property?
This property features: Class A office suite with an open layout and abundant windows; Full westerly Bay views; Base rent $14.75 PSF per year
More about this property
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