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Prime Retail Space Near Mall
For Lease
$11 SF/Yr

1920 Edinboro Rd, Erie, PA 16509

Former Toys 'R Us building in high-traffic retail corridor.

Space SizeContact for details
Days on Market223

Property Features for 1920 Edinboro Rd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $88,154
Listing Agency: Passport Realty LLC
Listed By: Daryl Terella · License #RS127138A
Source: Exprealty
Added: Jan 21 Changed: Aug 20 Last Checked: Aug 30 at 9:15PM

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 Passport Realty LLC

Investment Insights

Based on property information with market context.

The property, formerly a Toys 'R Us building, is situated adjacent to the Millcreek Mall Complex in Erie's primary retail area. This retail space benefits from a high-traffic location, with approximately 21,000 vehicles passing daily. The site fronts both Peach Street and Edinboro Road. Surrounding tenants include Planet Fitness, Macy's, Men's Warehouse, Petco, Boscov's, Dick's Sporting Goods, and T.J. Maxx. Base rent is $11 per square foot. Taxes will be divided among the tenants.

Key Highlights

  • Prime retail corridor location in Erie.
  • Adjacent to the Millcreek Mall Complex.
  • High traffic area with 21,000 daily vehicles.

Property Analytics

Current Use

Planet Fitness Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Parking Lot & Garage 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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
547k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 22% Apparel 22% Shops & Services 18%
DICK'S Sporting Goods Apparel
79,801 visits/mo 0.2 miles
Wegmans Groceries
71,772 visits/mo 0.4 miles
Giant Eagle Supermarket Groceries
50,694 visits/mo 0.3 miles
Sportsman's Warehouse Apparel
35,719 visits/mo 0.4 miles
GetGo Gas Station Shops & Services
30,304 visits/mo 0.4 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

$14.25 /SF/Yr
Avg Asking Price
$6.75–$39 /SF/Yr
Price Range
3,743 SF
Avg Space Size

This space is priced 23% below the average of $14.25 /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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Frequently Asked Questions

What type of property is this?
Retail space - Former Toys 'R Us building in high-traffic retail corridor.
Where is this retail space located?
The property is located at 1920 Edinboro Rd Erie, PA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Prime retail corridor location in Erie.; Adjacent to the Millcreek Mall Complex.; High traffic area with 21,000 daily vehicles.
More about this property
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