Neighborhood Shopping
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1324 - 1424 East Grandview Boulevard, Erie, PA 16504
The center sits at a signalized intersection beside two apartment complexes.
Property Size68,588 SF
Days on Market142
Property Features for 1324 - 1424 East Grandview Boulevard
General Information
Standard status
Active
Size
68,588 SF
Property subtype
Retail
Occupancy
97%
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Westchester
Listed By:
Joseph French Jr. · License #NY 10301207036
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:15AM
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 Marcus & Millichap - Westchester
Investment Insights
Based on property information with market context.
This neighborhood shopping center contains 68,588 square feet at the intersection of East Grandview Boulevard and Route 8 (Pine Avenue). The property is 96.53 percent leased, with five existing tenants having occupied their spaces for ten or more years. Get Air occupies 45,930 square feet under a recently signed ten-year lease and opened for business on August 18, 2017. The seller will master lease the remaining vacant unit for two years.
The center is positioned directly beside two apartment complexes and lies 1.7 miles from Exit 25 on Interstate 90. The interstate provides connections toward Buffalo and Cleveland, while Interstate 79 leads to Pittsburgh. The property is located within Erie, Pennsylvania.
The center is positioned directly beside two apartment complexes and lies 1.7 miles from Exit 25 on Interstate 90. The interstate provides connections toward Buffalo and Cleveland, while Interstate 79 leads to Pittsburgh. The property is located within Erie, Pennsylvania.
Key Highlights
- 68,588‑square‑foot neighborhood shopping center
- 96.53 percent leased; seller will master lease the one vacant unit for two years
- 45,930‑square‑foot Get Air lease opened for business on August 18, 2017
Property Analytics
Current Use
Lease Details
96.5%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 40%
Home Improvements & Furnishings 6%
Beauty & Spa 1%
McDonald's
Dining
28,133 visits/mo
0.3 miles
Citgo
Shops & Services
13,600 visits/mo
0.3 miles
Taco Bell
Dining
13,348 visits/mo
0.4 miles
Burger King
Dining
12,647 visits/mo
0.5 miles
Dollar General
Shops & Services
9,835 visits/mo
0.4 miles
Demographics for 16504, PA
16,135
Population
7,038
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
91%
High-School Grad
2.8 sq mi
ZIP Area
5,763
Density / Sq Mi
$51,988
Median Household Income
$34,362
Median Earnings
$966
Median Rent
$109,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - The center sits at a signalized intersection beside two apartment complexes.
Where is this shopping center located?
The property is located at 1324 - 1424 East Grandview Boulevard Erie, PA.
What are key features of this property?
This property features: 68,588‑square‑foot neighborhood shopping center; 96.53 percent leased; seller will master lease the one vacant unit for two years; 45,930‑square‑foot Get Air lease opened for business on August 18, 2017
