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Retail Space with Open Sales Floor

709 W 38TH Street 713, Erie, PA 16508

For Lease
Contact for pricing

The suite includes a rear room and an ADA-compliant restroom, with access to a local bus route.

Space Size1,422 SF
Days on Market846

Property Features for 709 W 38TH Street 713

General Information

Standard status Active
Size 1,422 SF
Net Rentable 1,422 SF
Property subtype Land
Lease Type NNN

Space & Availability

Available Space 1,422 SF
Contiguous Space 1,422 SF
Space Use Retail
Available From Immediate

Lease Terms

Lease Rate $18 /SF/YR
Total Rate $2,614
Monthly Rent $2,133
Rent per SF/Year $18
CAM $4.06 /SF/YR

Additional Details

Traffic Count 19,000 vehicles/day

Amenities

ADA restroom
bus route

Spaces For Lease

at 709 W 38TH Street 713
713 Active
Size 1,422 SF
Contact us
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License PA RM422666
Source: Crexi
Added: Jul 19, 2024 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 1,422± SF retail suite at Liberty Center II has an open sales floor, a rear room and an ADA restroom. The configuration provides a customer-facing area with separate back-of-house space.

The property is on Peach Street and W. 38th Street, where 2022 PennDOT counts recorded 21,000 average annual daily traffic on Peach Street and 19,000 on W. 38th Street. A local bus route serves the area.

Key Highlights

  • 1,422± SF retail suite at Liberty Center II
  • Open sales floor, separate rear room and ADA restroom
  • 2022 PennDOT counts: 21,000 AADT on Peach Street and 19,000 AADT on W. 38th Street

Property Analytics

Current Use

F&F Hibachi Express Restaurant Cost Cutters Barber Shop

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

19,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby
234k
Monthly Visits Nearby

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

$15 /SF/Yr
Avg Asking Price
$6.75–$39 /SF/Yr
Price Range
3,680 SF
Avg Space Size

This space is priced 20% 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 suite includes a rear room and an ADA-compliant restroom, with access to a local bus route.
Where is this retail space located?
The property is located at 709 W 38TH Street 713 Erie, PA.
What are key features of this property?
This property features: 1,422± SF retail suite at Liberty Center II; Open sales floor, separate rear room and ADA restroom; 2022 PennDOT counts: 21,000 AADT on Peach Street and 19,000 AADT on W. 38th Street
(814) 460-2000 Call to check price and availability
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