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Retail Space with Rear Parking
New
For Lease
$12 SF/Yr

5651 Peach Street, Erie, PA 16509

A rear parking area is provided, with water, sewer, waste removal, and snow plowing included.

Space SizeContact for details
Days on Market4

Property Features for 5651 Peach Street

General Information

Standard status Active

Additional Details

Utilities to Site Yes

Amenities

garbage removal
snow plowing
Listing Agency: Marsha Marsh RES Peach
Listed By: Terry Lazenby · License #RS339284
Source: Exprealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:01PM

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 Marsha Marsh RES Peach

Investment Insights

Based on property information with market context.

The retail space contains 3,160 square feet and has a parking area behind the building. Water, sewer service, garbage removal, and snow plowing are included; the tenant is responsible for utilities.

Key Highlights

  • 3,160‑square‑foot retail space
  • Parking area behind the building
  • Water, sewer, garbage removal, and snow plowing included; tenant pays utilities

Property Analytics

Current Use

A R Adams Cycle (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby
208k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 38% Dining 33% Shops & Services 25% Beauty & Spa 2%
DICK'S Sporting Goods Apparel
79,801 visits/mo 0.4 miles
Barnes & Noble Shops & Services
30,038 visits/mo 0.4 miles
SONIC Drive In Dining
23,934 visits/mo 0.3 miles
Wendy's Dining
17,274 visits/mo 0.4 miles
Arby's Dining
10,457 visits/mo 0.5 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

$14.49 /SF/Yr
Avg Asking Price
$6.75–$39 /SF/Yr
Price Range
3,821 SF
Avg Space Size

This space is priced 17% below the average of $14.49 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A rear parking area is provided, with water, sewer, waste removal, and snow plowing included.
Where is this retail space located?
The property is located at 5651 Peach Street Erie, PA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,160‑square‑foot retail space; Parking area behind the building; Water, sewer, garbage removal, and snow plowing included; tenant pays utilities
More about this property
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