5702 Perry Hwy Erie, PA
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NN+ leased PPG Paints investment property in Erie, Pennsylvania.
Type:RETAIL
Property size:
12,000 SFLot size:
1.66 AcresPrice / SF:
$61/SF- Added:
- May 14, 2025
- Days on Market:
- 343
- Last Refresh:
- Apr 5 at 9:45 pm
Property Features for 5702 Perry Hwy
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 1.66 Acres
- Property subtype
- RETAIL
Listing agent Andrew Fallon (202) 286-1542
Listing office SRS Real Estate Partners | McLean (202) 286-1542
Listing date May 14, 2025
Source Moodyscre
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 SRS Real Estate Partners | McLean
Overview
NNN Leased Investment Opportunity
This is an opportunity to acquire the fee simple interest (land & building ownership) in an NN+ leased, PPG Paints investment property located in Erie, Pennsylvania. The tenant, PPG Paints, Inc recently exercised a 5 year option with 2 (5-year) options left to extend, demonstrating their commitment to the site. The lease features 5% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN+ with minimal landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. The property size is 12000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.0534
- Latitude
- 42.0805
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FAQs
What type of property is this?
Retail space - NN+ leased PPG Paints investment property in Erie, Pennsylvania.
Where is this retail space located?
The property is located at 5702 Perry Hwy Erie, PA.
What is the asking price?
The asking price for this property is $741,176.
What are key features of this property?
This property features: NN+ Lease Structure: Enjoy a management‑free investment with minimal landlord responsibilities.; PPG Paints Tenant: Benefit from the stability of an established national tenant.; Recently Exercised Option: Tenant has demonstrated commitment by exercising a 5‑year option.
