Gray Shell Retail
For Lease
$39 SF/Yr NNN
B-c-5942 Peach St, Erie, PA 16507
New retail space with gray shell delivery and on-site parking, joining established national and regional tenants along Peach Street.
Space SizeContact for details
Days on Market270
Property Features for B-c-5942 Peach St
General Information
Standard status
Active
Zoning
C1
Additional Details
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
(814) 453-2000
Source:
Exprealty
Added: Dec 11, 2025
Changed: Aug 24
Last Checked: Sep 6 at 12:24PM
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.
A prime new construction retail storefront is available for lease as gray shell space. The space is approximately 45'4" x 86', with the ability to sub-divide to approximately 1,960± SF. Plans are available for review.
Located along Peach Street on Greater Erie’s major retail corridor, the center is adjacent to Millcreek Mall and nearby retailers including Barnes & Noble, KFC, and multiple major brands. Pylon signage is available, and the property benefits from an estimated 31,000 vehicles per day along Peach Street (PennDOT AADT 2024 count year).
The property is zoned C1, Corridor Commercial (Millcreek Township). NNN is estimated at $7.50/SF/YR based on 2024.
Located along Peach Street on Greater Erie’s major retail corridor, the center is adjacent to Millcreek Mall and nearby retailers including Barnes & Noble, KFC, and multiple major brands. Pylon signage is available, and the property benefits from an estimated 31,000 vehicles per day along Peach Street (PennDOT AADT 2024 count year).
The property is zoned C1, Corridor Commercial (Millcreek Township). NNN is estimated at $7.50/SF/YR based on 2024.
Key Highlights
- Approximately 3,920± SF new retail space for lease on Peach Street, to be delivered as gray shell space in fall 2026
- Space is approximately 45'4" x 86', with option to sub‑divide and add approximately 1,960± SF availability
- Join established tenants including Stanton Optical, Zoom Tan, Mattress Firm, and others on Greater Erie’s major retail corridor
Property Analytics
Current Use
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
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New retail space with gray shell delivery and on-site parking, joining established national and regional tenants along Peach Street.
Where is this retail space located?
The property is located at B-c-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: Approximately 3,920± SF new retail space for lease on Peach Street, to be delivered as gray shell space in fall 2026; Space is approximately 45'4" x 86', with option to sub‑divide and add approximately 1,960± SF availability; Join established tenants including Stanton Optical, Zoom Tan, Mattress Firm, and others on Greater Erie’s major retail corridor
