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New-Construction Retail Space

5130 PEACH Street 5142-5144, Erie, PA 16509

For Lease
Contact for pricing

The premises are configured for office or retail use, with new HVAC, a sprinkler system, and an ADA restroom.

Space Size2,904 SF
Days on Market1880

Property Features for 5130 PEACH Street 5142-5144

General Information

Standard status Active
Size 2,904 SF
Net Rentable 2,904 SF
Total Parking Spaces 75
Property subtype Land
Lease Type NNN

Space & Availability

Available Space 609-6,662 SF
Contiguous Space 2,904 SF
Divisible Yes
Space Use Office
Condition Vanilla Box

Lease Terms

Lease Rate $22 /SF/YR
Monthly Rent $1,116-$12,213
Rent per SF/Year $22
CAM $5.53 /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
Utilities to Site Yes

Additional Details

Sprinkler System Yes

Amenities

drop ceiling
standard lighting package
3 phase electrical
flex ductwork
new HVAC
sprinkler system
ADA restroom
signalized intersection
off-street parking

Building Details

Tenancy Multi

Spaces For Lease

at 5130 PEACH Street 5142-5144
5142-5144 Active
Size 2,904 SF
Contact us
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License PA RM422666
Source: Crexi
Added: Sep 19, 2021 Changed: Nov 10 Last Checked: Nov 10 at 2:26PM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,904± SF retail space at Kearsarge Plaza is newly constructed and faces Peach Street. Interior dimensions are approximately 40 feet wide by 67 feet 10 inches long. Delivery includes shell walls, tenant-selected paint and flooring, a drop ceiling with standard lighting, three-phase electrical service, flex ductwork, new HVAC, a sprinkler system, and an ADA restroom. Office and retail uses are identified for the space.

The property is at a signalized intersection along the greater Erie retail corridor. PennDOT’s 2023 count records average daily traffic of 26,000. A 75-space off-street lot serves the plaza, which includes Domino’s Pizza, Associated Clinical Laboratories, Kearsarge Laundry, Fancy Nails, Peace, Love & Little Donuts, Erie Pack & Ship, and W. D. Hammerlee Dentistry.

Key Highlights

  • 2,904± SF of new retail space facing Peach Street
  • Interior dimensions: approximately 40'W x 67'10"L
  • New HVAC, sprinkler system, ADA restroom, and three‑phase electrical package

Property Analytics

Current Use

Retail space

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
Sprinkler system
Yes
Utilities to site
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 /SF/Yr
Avg Asking Price
$6.75–$39 /SF/Yr
Price Range
3,680 SF
Avg Space Size

This space is priced 47% above the average of $15 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Erie, PA

$12.81 Jul
$14.25 Aug
$14.47 Sep
$15 Oct

Properties on Market for Retail space in Erie

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The premises are configured for office or retail use, with new HVAC, a sprinkler system, and an ADA restroom.
Where is this retail space located?
The property is located at 5130 PEACH Street 5142-5144 Erie, PA.
What are key features of this property?
This property features: 2,904± SF of new retail space facing Peach Street; Interior dimensions: approximately 40'W x 67'10"L; New HVAC, sprinkler system, ADA restroom, and three‑phase electrical package
(814) 460-2000 Call to check price and availability
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