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New Gray Shell Retail Space
For Lease
$39 SF/Yr CAM $7.50 /USD/SF/YR

B-5942 Peach St, Erie, PA 16507

New construction along Peach Street with pylon signage, parking, and C1 Corridor Commercial zoning.

Space Size1,920 SF - 3,920 SF
Days on Market264

Property Features for B-5942 Peach St

General Information

Standard status Active
Size 1,920 SF - 3,920 SF
Net Rentable 1,920 SF
Zoning C1
Lease Type NNN

Space & Availability

Available Space 1,920-3,920 SF
Contiguous Space 1,920 SF
Space Use Retail
Sublease No
Furnished No

Lease Terms

Lease Rate $39 /USD/SF/YR
Rent per SF/Year $39
CAM $7.50 /USD/SF/YR

Site & Location

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

Taxes and HOA fees

Annual Taxes $40,295
Listing Agency: SBRE - Sherry Bauer Real Estate Services
Listed By: Sherry Bauer · License #RM422666
Source: Exprealty
Added: Dec 11, 2025 Changed: Aug 30 Last Checked: Aug 31 at 6:20PM

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 new retail space is planned for delivery as gray shell construction, providing a clean starting point for tenant buildout. The property is zoned C1, Corridor Commercial, in Millcreek Township, with NNN lease structure and availability anticipated for fall 2026. Plans are available for review.

The site fronts Peach Street within Greater Erie’s major retail corridor and records 31,000 vehicles per day according to the PennDOT AADT 2024 count year. It is adjacent to Millcreek Mall, Barnes & Noble, KFC, and multiple major retailers. Stanton Optical, Zoom Tan, and Mattress Firm are identified as nearby occupants, while pylon signage and abundant parking are available.

Key Highlights

  • Gray shell retail construction scheduled for availability in fall 2026
  • 31,000 vehicles per day on Peach Street; PennDOT AADT 2024 count year
  • C1, Corridor Commercial zoning in Millcreek Township

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon HVAC Service Nail Salon Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

2,139
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 92% Dining 8%
Hampton Inn Hotels & Casinos
8,759 visits/mo 0.1 miles
Sheraton Erie Bayfront Hotel Hotels & Casinos
8,213 visits/mo 0.2 miles
SUBWAY Dining
1,451 visits/mo 0.3 miles

Demographics for 16507, PA

9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
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 174% above 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 - New construction along Peach Street with pylon signage, parking, and C1 Corridor Commercial zoning.
Where is this retail space located?
The property is located at B-5942 Peach St Erie, PA.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Gray shell retail construction scheduled for availability in fall 2026; 31,000 vehicles per day on Peach Street; PennDOT AADT 2024 count year; C1, Corridor Commercial zoning in Millcreek Township
More about this property
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