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Endcap Mixed-Use Retail Space
For Lease
$18 SF/Yr NNN

707-709 W 38th St, Erie, PA 16508

Highly visible end cap retail space formerly used as a UPS Store, available on a NNN basis.

Space SizeContact for details
Days on Market875

Property Features for 707-709 W 38th St

General Information

Standard status Active
Lease Type NNN
Listing Agency: SBRE - Sherry Bauer Real Estate Services
Listed By: Sherry Bauer · License #RM422666
Source: Exprealty
Added: Apr 16, 2024 Changed: Aug 20 Last Checked: Sep 6 at 2:10PM

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 Services

Investment Insights

Based on property information with market context.

This highly visible mixed-use/retail space is an end cap unit with approximately 1,517 square feet available for lease. The unit was previously operated as a UPS Store, providing a storefront setup suited to retail and service activity. Lease terms are presented on an NNN basis, with NNN fees estimated at $4.06/SF based on 2023 figures, and the tenant responsible for utilities.

The property is located within Liberty Center II along a high-traffic corridor. The public remarks cite average annual daily traffic of 21,000 along Peach Street and 19,000 along W. 38th Street, based on PennDOT 2022 count data. It is also described as convenient to major local thoroughfares and served by a bus route.

The end cap configuration supports prominent storefront presence within the center.

Key Highlights

  • 1,517± SF highly visible end cap retail/mixed‑use space formerly used as a UPS Store
  • High‑traffic location with 21,000 average annual daily traffic on Peach Street and 19,000 AADT on W. 38th Street (PennDOT 2022)
  • Excellent signage and visibility along a high traffic corridor

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant HVAC Service Gym & Fitness Center 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby
234k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 37% Groceries 19% Home Improvements & Furnishings 5%
Tops Friendly Markets Groceries
35,432 visits/mo 0.1 miles
Sheetz Shops & Services
29,109 visits/mo 0.1 miles
McDonald's Dining
28,133 visits/mo 0.4 miles
Dollar Tree Shops & Services
19,381 visits/mo 0.1 miles
Country Fair Shops & Services
18,432 visits/mo 0.1 miles

Demographics for 16508, PA

15,172
Population
7,385
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
2.8 sq mi
ZIP Area
5,419
Density / Sq Mi
$52,361
Median Household Income
$36,209
Median Earnings
$852
Median Rent
$121,800
Median Home Value

Market

Lease Benchmarks for Erie, PA

$17.88 /SF/Yr
Avg Asking Price
$8–$39 /SF/Yr
Price Range
2,930 SF
Avg Space Size

This space is priced 1% above the average of $17.88 /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
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Similar Off Market Nearby

  • Cascade Flower Project 1005 W 26th St, Erie, PA 16508

Frequently Asked Questions

What type of property is this?
Storefront property - Highly visible end cap retail space formerly used as a UPS Store, available on a NNN basis.
Where is this storefront property located?
The property is located at 707-709 W 38th St Erie, PA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,517± SF highly visible end cap retail/mixed‑use space formerly used as a UPS Store; High‑traffic location with 21,000 average annual daily traffic on Peach Street and 19,000 AADT on W. 38th Street (PennDOT 2022); Excellent signage and visibility along a high traffic corridor
More about this property
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