Edgewood Place Office Space
For Lease
Contact for pricing
3123 W 12th St, Erie, PA 16505
1,452± SF office space for lease in Erie, PA.
Space Size2,303 SF
Property Size7,304 SF
Days on Market1776
Property Features for 3123 W 12th St
General Information
Standard status
Active
Size
2,303 SF
Class
B
Total Parking Spaces
42
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
7,304 SF
Year Built
2002
Tenancy
Multiple
Spaces For Lease
at 3123 W 12th St
Suite B
Active
Size
2,303 SF
Listing Agency:
SBRE - Sherry Bauer Real Estate
Listed By:
Sherry Bauer · License #PA RM422666
(814) 453-2000
Source:
Crexi
Added: Dec 6, 2021
Changed: Oct 7
Last Checked: Oct 16 at 7:09AM
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
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Investment Insights
Based on property information with market context.
Available for lease is a 1,452± SF office space located at Edgewood Place. The space was formerly a medical office and features a waiting area, a reception area with a window, three exam rooms, a large office with an en-suite restroom, an ADA-compliant restroom, and a storage closet. A 3D tour and floor plan are available. The landlord is offering tenant incentives for paint and flooring. The property benefits from excellent signage and visibility, with an average daily traffic count of 18,000 (PennDOT – 2023 count year). Abundant parking is available. Zoned MU-2, Corridor Mixed Use, in Millcreek Township, the property offers many potential uses, including retail and office space. The lease rate is $14.00/SF/YR, plus CAM and utilities. The CAM is estimated at $3.80/SF based on 2024. The tenant pays approximately $2,154/month (base rent and CAM) plus utilities. Edgewood Place is also home to Key Note Guitar, Pearson Professional Center, and Trilogy Wellness.
Key Highlights
- Excellent signage and visibility with 18,000 average daily traffic.
- Tenant incentives offered for paint & flooring allowance.
- Flexible zoning (MU‑2) allows for retail, office, and other uses.
Property Analytics
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Current Use
Lease Details
$14 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16505, PA
16,437
Population
8,407
Households
2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,405
Density / Sq Mi
$71,370
Median Household Income
$45,793
Median Earnings
$871
Median Rent
$196,600
Median Home Value
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Market
Lease Benchmarks for Erie, PA
$11.15 /SF/Yr
Avg Asking Price
$1.91–$18.5 /SF/Yr
Price Range
2,828 SF
Avg Space Size
This space is priced 26% above the average of $11.15 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 1,452± SF office space for lease in Erie, PA.
Where is this medical office space located?
The property is located at 3123 W 12th St Erie, PA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Excellent signage and visibility with 18,000 average daily traffic.; Tenant incentives offered for paint & flooring allowance.; Flexible zoning (MU‑2) allows for retail, office, and other uses.
