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Mixed-Use Plaza with Renovated Suites
New
For Lease
$22 SF/Yr CAM $5.53 /USD/SF/YR

5130-5158 Peach Street, Erie, PA 16509

Available suites range from finished, move-in-ready spaces to vanilla-box units with tenant-selected finishes.

Space Size609 SF - 6,662 SF
Property Size17,745 SF
Days on Market5

Property Features for 5130-5158 Peach Street

General Information

Standard status Active
Size 609 SF - 6,662 SF
Net Rentable 609 SF
Total Parking Spaces 75
Property subtype Retail - Strip
Lease Type NNN

Space & Availability

Available Space 609-6,662 SF
Available From Immediate

Lease Terms

Lease Rate $22 /USD/SF/YR
Rent per SF/Year $22
CAM $5.53 /USD/SF/YR

Site & Location

Corner Location Yes
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

Amenities

common delivery corridor

Building Details

Building Size 17,745 SF
Year Built 1960
Year Renovated 2020
Units 12
Tenancy Multi

Spaces For Lease

at 5130-5158 Peach Street Contact us

5130-5138 $22/SF/Yr

Size 1,282-6,662 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

5142-5144 $22/SF/Yr

Size 2,904 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

5146 $22/SF/Yr

Size 609 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

5158-60 $22/SF/Yr

Size 955 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

5158-70 $22/SF/Yr

Size 933 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License #RM422666
Source: Commercialcafe
Added: Oct 4 Last Checked: Oct 7 at 9:30AM

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

Investment Insights

Based on property information with market context.

Kearsarge Plaza offers mixed-use space from 609 to 6,662 SF. Renovated units feature neutral paint, synthetic wood flooring, updated lighting, an ADA restroom and HVAC. Newly constructed plaza suites are delivered as vanilla boxes, with shell walls, tenant-selected paint and flooring, a drop ceiling and standard lighting, three-phase electrical, flex ductwork, HVAC, a sprinkler system and an ADA restroom. These units also have rear doors connecting to a shared delivery corridor.

The property sits at the signalized intersection of Peach and Bryant Streets, along a major retail corridor in Greater Erie. PennDOT recorded average daily traffic of 26,000 for 2023. The private lot provides 75 off-street parking spaces. Plaza tenants include Domino’s Pizza, Associated Clinical Laboratories, Kearsarge Laundry, Fancy Nails, Peace, Love & Little Donuts, Erie Pack & Ship and W. D. Hammerlee Dentistry.

Key Highlights

  • Available spaces range from 609 to 6,662 SF
  • Renovated units include an ADA restroom, HVAC, updated lighting and synthetic wood flooring
  • Vanilla‑box suites include three‑phase electrical, HVAC, sprinkler system and ADA restroom

Property Analytics

Current Use

Strip malls

Suggested Use

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

$15.5 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
8,778 SF
Avg Space Size

This space is priced 42% above the average of $15.5 /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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Available suites range from finished, move-in-ready spaces to vanilla-box units with tenant-selected finishes.
Where is this mixed-use property located?
The property is located at 5130-5158 Peach Street Erie, PA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Available spaces range from 609 to 6,662 SF; Renovated units include an ADA restroom, HVAC, updated lighting and synthetic wood flooring; Vanilla‑box suites include three‑phase electrical, HVAC, sprinkler system and ADA restroom
More about this property
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