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Retail Space Near Millcreek Mall

5942 PEACH Street B-C, Erie, PA 16509

For Lease
New
Contact for pricing

New construction offers gray shell delivery with pylon signage and on-site parking.

Space Size3,920 SF
Days on Market4

Property Features for 5942 PEACH Street B-C

General Information

Standard status Active
Size 3,920 SF
Net Rentable 3,920 SF
Property subtype Retail
Zoning C1
Lease Type NNN

Space & Availability

Available Space 1,960-3,920 SF
Contiguous Space 3,920 SF
Divisible Yes
Space Use Retail
Furnished No

Lease Terms

Lease Rate $39 /SF/YR
Monthly Rent $6,370-$12,740
Rent per SF/Year $39
CAM $7.50 /SF/YR

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Stanton Optical, Zoom Tan, Mattress Firm
Traffic Count 31,000 vehicles/day

Amenities

Pylon signage
abundant parking

Spaces For Lease

at 5942 PEACH Street B-C
B-C Active
Size 3,920 SF
Contact us
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License PA RM422666
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 10 at 2:19PM

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 retail space is new construction and is scheduled for delivery as a gray shell in fall 2026. The approximately 3,920-square-foot offering measures about 45 feet 4 inches by 86 feet, with plans available to divide the space into two approximately 1,960-square-foot units. Pylon signage and parking are available. The property is zoned C1, Corridor Commercial, in Millcreek Township.

Peach Street recorded 31,000 vehicles per day in the 2024 PennDOT AADT count. The property is adjacent to Millcreek Mall, Barnes & Noble, KFC, Stanton Optical, Zoom Tan, Mattress Firm, and other retailers.

Key Highlights

  • Approximately 3,920 SF, with an option to divide into approximately 1,960 SF spaces
  • New construction with gray shell delivery planned for fall 2026
  • Approximately 45'4" x 86' layout; plans available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Zoom Tan Tanning Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Parking Lot & Garage Auto Parts 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

31,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby
567k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 29% Groceries 22% Shops & Services 17% Apparel 14%
DICK'S Sporting Goods Apparel
79,801 visits/mo 0.4 miles
Wegmans Groceries
71,772 visits/mo 0.3 miles
Cinemark Tinseltown USA Leisure
53,001 visits/mo 0.4 miles
Giant Eagle Supermarket Groceries
50,694 visits/mo 0.4 miles
Best Buy Electronics
43,829 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 160% 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 - New construction offers gray shell delivery with pylon signage and on-site parking.
Where is this retail space located?
The property is located at 5942 PEACH Street B-C Erie, PA.
What are key features of this property?
This property features: Approximately 3,920 SF, with an option to divide into approximately 1,960 SF spaces; New construction with gray shell delivery planned for fall 2026; Approximately 45'4" x 86' layout; plans available
(814) 460-2000 Call to check price and availability
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