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Renovated Retail Space
For Lease
$22 SF/Yr CAM $5.53 /USD/SF/YR

5158-60-5130 Peach St, Erie, PA 16509

Flexible storefront configuration with updated building systems, customer restroom, storage, and access to shared parking.

Space Size609 SF - 1,888 SF
Days on Market779

Property Features for 5158-60-5130 Peach St

General Information

Standard status Active
Size 609 SF - 1,888 SF
Net Rentable 955 SF
Total Parking Spaces 75
Lease Type NNN

Space & Availability

Available Space 609-1,888 SF
Contiguous Space 1,888 SF

Lease Terms

Lease Rate $22 /USD/SF/YR
Monthly Rent $1,116-$3,461
Rent per SF/Year $22
CAM $5.53 /USD/SF/YR

Site & Location

Anchor Co-Tenants Domino's Pizza, Associated Clinical Laboratories, Kearsarge Laundry, Fancy Nails, Peace, Love & Little Donuts, Erie Pack & Ship, W. D. Hammerlee Dentistry
Traffic Count 26,000 vehicles/day
Road Access Yes

Taxes and HOA fees

Annual Taxes $34,658

Amenities

new lighting
HVAC
ADA restroom
synthetic hardwood flooring

Building Details

Year Renovated 2021
Tenancy Multi
Listing Agency: SBRE - Sherry Bauer Real Estate Services
Listed By: Sherry Bauer · License #RM422666
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 31 Last Checked: Aug 31 at 6:34PM

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 SBRE - Sherry Bauer Real Estate Services

Investment Insights

Based on property information with market context.

This retail space at 5158-60-5130 Peach St offers approximately 955± SF within the renovated Kearsarge Plaza. The layout includes a front sales area measuring 19’6” x 32’, a rear room, storage closet, and ADA restroom. Improvements completed in 2021 include new lighting, HVAC, ADA restroom upgrades, and synthetic hardwood flooring. A contiguous unit can expand the available area to approximately 1,888± SF, with additional configurations ranging from 609 to 6,662± SF.

The space occupies the Bryant Street side of the plaza beside Domino’s and Fancy Nails, at a signalized intersection along greater Erie’s major retail corridor. PennDOT recorded 26,000 average daily traffic in 2023, and the property includes a 75-space off-street parking lot. Existing plaza tenants include Associated Clinical Laboratories, Kearsarge Laundry, Peace, Love & Little Donuts, Erie Pack & Ship, and W. D. Hammerlee Dentistry.

Key Highlights

  • Approximately 955± SF retail space with a front room, rear room, storage closet, and ADA restroom
  • Renovated in 2021 with new lighting, HVAC, ADA restroom, and synthetic hardwood flooring
  • Contiguous unit can provide up to 1,888± SF; configurations available from 609 to 6,662± SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Grocery & Convenience 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

26,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Dining 24% Beauty & Spa 3% Electronics 3%
Citgo Shops & Services
13,600 visits/mo 0.2 miles
Dollar General Shops & Services
9,835 visits/mo 0.2 miles
PNC Bank Shops & Services
7,513 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,346 visits/mo 0.5 miles
Country Fair Shops & Services
5,611 visits/mo 0.2 miles

Demographics for 16509, PA

28,005
Population
12,900
Households
2.2
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
38.2 sq mi
ZIP Area
733
Density / Sq Mi
$68,880
Median Household Income
$41,143
Median Earnings
$1,074
Median Rent
$207,500
Median Home Value

Market

Lease Benchmarks for Erie, PA

$14.25 /SF/Yr
Avg Asking Price
$6.75–$39 /SF/Yr
Price Range
3,743 SF
Avg Space Size

This space is priced 54% above the average of $14.25 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible storefront configuration with updated building systems, customer restroom, storage, and access to shared parking.
Where is this retail space located?
The property is located at 5158-60-5130 Peach St Erie, PA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Approximately 955± SF retail space with a front room, rear room, storage closet, and ADA restroom; Renovated in 2021 with new lighting, HVAC, ADA restroom, and synthetic hardwood flooring; Contiguous unit can provide up to 1,888± SF; configurations available from 609 to 6,662± SF
More about this property
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