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    2501 W 12Th St Erie, PA 16505

    For Lease
    Contact for pricing

    Retail space anchored by Giant Eagle in a prime location.

    Property size:
    1,400 SF
    Lot size:
    15.00 Acres

    Property Features for 2501 W 12Th St

    General Information

    Size
    1,400 SF
    Lot size
    15.00 Acres

    Source: Phillips Edison & Company - Corporate Agent Scott Faloni

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Erie, PA

    This retail space is anchored by a high-performing Giant Eagle, a leading grocer in the region. Major tenants in the vicinity include The UPS Store, Chick-fil-A, Panera, Saint Vincent Health Center, and Pennsylvania Wine & Spirits. The property is strategically located in the main retail corridor, offering good visibility to West 12th Street, which sees approximately 21,800 vehicles per day. It also provides easy access to Interstate 79. The surrounding area has a substantial residential and employee base, with over 70,900 residents and 43,800 employees within a three-mile radius. The average household income in this area exceeds $69,200. Approximately 250,000 customers made 1.4 million visits to the center over the past 12 months. The Giant Eagle location is the top-ranked grocery store in terms of annual visits within a 5-mile radius. The available retail space is 1,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vie Associates, LLC Business Management Consultant Giant Eagle Pharmacy Pharmacy Associated Clinical Laboratories ... Medical Laboratory Primary Physicians Research Medical Clinic Leah M Campbell, ... Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pittsburgh Commons, Coinstar Kiosk | Bitcoin ATM, Yorktown Commons, Quick-Tag, Yorktown Centre

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.135339
    Latitude
    42.101352

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    FAQs

    What type of property is this?
    Shopping center - Retail space anchored by Giant Eagle in a prime location.
    Where is this shopping center located?
    The property is located at 2501 W 12Th St Erie, PA.
    What are key features of this property?
    This property features: - Anchored by a strong performing Giant Eagle, the #1 ranked grocery in the area.; - High customer traffic: Approximately 1.4 million visits in the past 12 months.; - Strategically located in the main retail corridor with high visibility on West 12th Street (21,800 VPD) and easy access to Interstate 79.
    (937) 787-6287
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2501 W 12Th St Erie, PA 16505
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