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    5060 Wattsburg Rd Erie, PA 16509

    Sponsored
    For Lease
    $8 SF/Yr

    8,000 SF Warehouse - I-90 Access

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,000-square-foot warehouse space, situated at 5650 Wattsburg Road, presents a fantastic opportunity for businesses seeking efficient and strategically located industrial space. Built in 1990, this single-tenant unit is part of a larger, multi-tenant complex offering convenient access to I-90, significantly reducing transportation costs and time. The property boasts a high-bay design, enhanced by three drive-through doors—one at the front and two at the rear—allowing for seamless loading and unloading operations. The unit's prime location is further complemented by its proximity to Penske Truck Rental, streamlining logistics. While a large paint booth is present within one bay, it's excluded from the rental rate of $8.00 per square foot, triple net (NNN). Tenants are responsible for snow removal, and the quoted tax amount reflects the entire complex. The security deposit is to be determined. This property is ideal for businesses requiring ample space, convenient access to major transportation routes, and a strategic location near essential logistics services. The building's layout and features make it suitable for a variety of industrial uses. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 5060 Wattsburg Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Size
    8,000 SF
    Rate per SF
    $8

    HighLights

    • 8,000 SF industrial warehouse for lease.
    • Single‑tenant occupancy.
    • Built in 1990.
    • Located near I‑90 with convenient access to Penske Truck Rental.
    • Features three drive‑through doors (front and rear) and high bay ceilings.
    • $8.00/SF, NNN; tenant responsible for snow removal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Clothing Store Nail Salon Food Market Grocery Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0423151
    Latitude
    42.0494171

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    FAQs

    What type of property is this?
    Distribution property - 8,000 SF Warehouse - I-90 Access
    Where is this distribution property located?
    The property is located at 5060 Wattsburg Rd Erie, PA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 8,000 SF industrial warehouse for lease.; Single-tenant occupancy.; Built in 1990.
    Request Owner's contact information
    5060 Wattsburg Rd Erie, PA 16509
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    Erie, PA 16509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5060 Wattsburg Rd Erie, PA 16509
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