Retail Space in Knowledge
5350 Technology Dr, Erie, PA 16510
For Lease
$12 SF/Yr
Former Tim Hortons space available for rent on Penn State campus.
Space SizeContact for details
Days on Market1837
Property Features for 5350 Technology Dr
General Information
Standard status
Listing Agency:
Altair Real Estate Services
Listed By:
Charles Peters · License PA RS320381
(814) 833-2741
Source:
Exprealty
Added: Oct 31, 2021
Changed: Nov 5
Last Checked: Nov 10 at 3:08PM
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 Altair Real Estate Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 1,000 square foot retail space, formerly occupied by Tim Hortons, located in Knowledge Park on the campus of Penn State Behrend. The base rent is $11 per square foot, with an additional $8 per square foot for CAM charges. The lease is gross, excluding janitorial services and internet. The zoning is designated as "University District."
Key Highlights
- Located in Knowledge Park on Penn State Behrend campus.
- 1,000 sq. ft. space (former Tim Hortons).
- Gross lease (except for janitorial and internet).
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 20% below the average of $15 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Erie, PA
Properties on Market for Retail space in Erie
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Former Tim Hortons space available for rent on Penn State campus.
Where is this retail space located?
The property is located at 5350 Technology Dr Erie, PA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located in Knowledge Park on Penn State Behrend campus.; 1,000 sq. ft. space (former Tim Hortons).; Gross lease (except for janitorial and internet).
