Grocery-Anchored Shopping
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4500 Buffalo Road, Erie, PA 16510
Three-building retail complex with national and local tenants along Buffalo Road in Erie.
Property Size90,967 SF
Lot Size13.41 Acres
Days on Market144
Property Features for 4500 Buffalo Road
General Information
Standard status
Active
Size
90,967 SF
Lot size
13.41 Acres
Property subtype
Retail
Occupancy
87%
Site & Location
Anchor Co-Tenants
Price Rite Supermarkets, Planet Fitness
Traffic Count
14,000 vehicles/day
Building Details
Year Built
1987
Buildings
3
Construction
steel frame and masonry
Tenancy
Multi
Listing Agency:
Newmark
(814) 454-4541
Listed By:
Mark Schuessler · License #CA 02033871
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:42AM
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 Newmark
Investment Insights
Based on property information with market context.
Located at 4500 Buffalo Road in Erie, Pennsylvania, this shopping center comprises three buildings totaling 90,967 square feet on 13.41 acres. Steel-frame and masonry construction dates to 1987. The center was 87% occupied as of July 2019 and included nine tenants, with Price Rite Supermarkets and Planet Fitness serving as the primary anchors. Their respective leases cover 39,906 square feet and 18,660 square feet, with both leases recently extended for 10 years.
The tenant mix also includes PNC Bank, Little Caesar’s Pizza, Wine & Spirits, and Galaxy Nails. Additional documented occupants include 5,000 square feet for PNC Bank, 1,600 square feet for Little Caesar’s Pizza, 4,173 square feet for Wine & Spirits, and 1,593 square feet for Galaxy Nails. Buffalo Road is identified as a major east-west thoroughfare carrying nearly 14,000 vehicles per day. The average remaining lease term is 5.85 years.
The tenant mix also includes PNC Bank, Little Caesar’s Pizza, Wine & Spirits, and Galaxy Nails. Additional documented occupants include 5,000 square feet for PNC Bank, 1,600 square feet for Little Caesar’s Pizza, 4,173 square feet for Wine & Spirits, and 1,593 square feet for Galaxy Nails. Buffalo Road is identified as a major east-west thoroughfare carrying nearly 14,000 vehicles per day. The average remaining lease term is 5.85 years.
Key Highlights
- 90,967‑square‑foot shopping center on 13.41 acres
- Three retail buildings constructed in 1987 with steel‑frame and masonry construction
- 87% occupied by nine tenants as of July 2019
Property Analytics
Property Profile
Current Use
Lease Details
14,000 VPD
Traffic count
87%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
309k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Groceries 25%
Shops & Services 20%
Home Improvements & Furnishings 3%
Giant Eagle Supermarket
Groceries
44,963 visits/mo
0.4 miles
McDonald's
Dining
28,738 visits/mo
0.2 miles
Aldi
Groceries
20,640 visits/mo
0.4 miles
GetGo Gas Station
Shops & Services
17,840 visits/mo
0.3 miles
Taco Bell
Dining
13,647 visits/mo
0.3 miles
Demographics for 16510, PA
24,515
Population
10,354
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
33.0 sq mi
ZIP Area
743
Density / Sq Mi
$64,938
Median Household Income
$40,064
Median Earnings
$796
Median Rent
$158,700
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 - Three-building retail complex with national and local tenants along Buffalo Road in Erie.
Where is this shopping center located?
The property is located at 4500 Buffalo Road Erie, PA.
What are key features of this property?
This property features: 90,967‑square‑foot shopping center on 13.41 acres; Three retail buildings constructed in 1987 with steel‑frame and masonry construction; 87% occupied by nine tenants as of July 2019
