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Medical Office Space Available
For Lease
$13.58 SF/Yr

Ste-201-5473 Village Common Dr, Erie, PA 16506

Professional office space suitable for medical or general office use.

Space SizeContact for details
Lot Size14.55 Acres
Days on Market1423

Property Features for Ste-201-5473 Village Common Dr

General Information

Standard status Active
Lot size 14.55 Acres
Listing Agency: Howard Hanna Erie Airport
Listed By: Randy Rydzewski
Source: Exprealty
Added: Oct 1, 2022 Changed: Aug 11 Last Checked: Aug 22 at 1:06PM

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 Howard Hanna Erie Airport

Investment Insights

Based on property information with market context.

Located within the Niagara Village Professional Office Building, this property offers 1,259 square feet of office space. Currently configured as a medical office, the space is available for lease at $1,425 per month net. The owner is open to customizing the space to suit the tenant's specific requirements. Additional space within the building is also available.

Key Highlights

  • First class office space in Niagara Village Professional Office Building
  • Currently configured as a medical office
  • Owner may finish to suit tenant

Property Analytics

Current Use

Dr. Daniel T. ... Physician DAVID E SHAPTER Dental Office BRIAN E MUSSETT Physician FREDERICK J TOMASSI Physician CHRIS LEE NELSON Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Restaurant Spa & Massage 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
$2.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
Under-served
Demand for This Use

Demographics for 16506, PA

23,918
Population
10,309
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
1,759
Density / Sq Mi
$84,021
Median Household Income
$47,823
Median Earnings
$1,176
Median Rent
$224,200
Median Home Value

Market

Lease Benchmarks for Erie, PA

$13.85 /SF/Yr
Avg Asking Price
$10.55–$17.35 /SF/Yr
Price Range
2,799 SF
Avg Space Size

This space is priced 2% below the average of $13.85 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Erie Humane Society Pet Wellness Clinic 2433 Zimmerly Rd, Erie, PA 16506

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office space suitable for medical or general office use.
Where is this medical office space located?
The property is located at Ste-201-5473 Village Common Dr Erie, PA.
What is the lease rate?
The lease rate is $13.58 SF/Yr.
What are key features of this property?
This property features: First class office space in Niagara Village Professional Office Building; Currently configured as a medical office; Owner may finish to suit tenant
More about this property
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