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Class A Office Suite with Bay Views

101-100 State St, Erie, PA 16507

For Lease
$13 SF/Yr

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

Space SizeContact for details
Days on Market1837

Property Features for 101-100 State St

General Information

Standard status Active
Class A
Lease Type Full Service

Amenities

porter service
elevator service
on-site indoor and surface parking
Listing Agency: Passport Realty LLC
Listed By: Gregory Rubino · License #RS142766A
Source: Exprealty
Added: Oct 30, 2021 Changed: Nov 2 Last Checked: Nov 8 at 6:27AM

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

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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
$1.95 /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

$14.59 /SF/Yr
Avg Asking Price
$1.91–$35.29 /SF/Yr
Price Range
4,683 SF
Avg Space Size

This space is priced 11% below the average of $14.59 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Erie, PA

$14.38 Jul
$15.06 Aug
$15.32 Sep
$14.75 Oct

Properties on Market for Office Units in Erie

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Class A office suite offers an open layout with abundant windows and full westerly Bay views.
Where is this office unit located?
The property is located at 101-100 State St Erie, PA.
What is the lease rate?
The lease rate is $13 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
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