Listing Agency: Howard Hanna Erie Airport Show Phone

Listed By: Randy Rydzewski Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 21 at 4:28AM

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Investment Insights

Based on property information with market context.

This commercial land offers a build-to-suit opportunity, with the owner open to constructing up to 40,000 square feet of office space. The property is located next to the Niagara Village Professional Office Building.

Key Highlights

• Build‑to‑suit opportunity with up to 40,000 sf of office space.
• Located next door to the Niagara Village Professional Office Building.
• Potential for customized office space design.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Plumbing Service Building Supply (Bike/Boat/Book/etc) Store

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

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

264

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available for development, build to suit opportunity.

Where is this commercial land located?

The property is located at 5475 Village Common Dr Erie, PA.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Build‑to‑suit opportunity with up to 40,000 sf of office space.; Located next door to the Niagara Village Professional Office Building.; Potential for customized office space design.