707 715th W 38th St, Erie, PA 16508
- Strip malls
- 7,670 SF
- 0.70 lot acres
Current Use by Public Records
- The UPS Store / Courier Service / Postal Service
- BuffTutor - University & High School Tutors - Erie / Tutoring Service
- Engine Wiring / Industrial Manufacturer / Production Facility
- Shred Nations / Recycling Center / Waste Management Facility
- Goodwill Construction / Construction Company / General Contractor
Property Details for 707 715th W 38th St
- Year built
- 1969
- Construction
- FRAME
- Lot size
- 0.70 lot acres
- Zone code
- C2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 19-061-011.0-205.00
- APU
- 19061011020500
Description
Liberty Center II, located at 707 W 38th St, Erie, PA 16509, presents a compelling investment opportunity in a thriving retail corridor. This single-story, 7,670 square foot building, constructed in 1962 and classified as Class B, sits on a 0.7-acre lot (APN 19-061-011.0-205.00) and is zoned C-3. The property features five suites, with three currently available. One immediately available in-line suite offers approximately 1,422 square feet, previously occupied by a mobile phone store. An endcap unit, currently housing The UPS Store, will become available in December 2024, offering approximately 1,517 to 3,076 square feet. Additionally, a 1,559 to 3,076 square foot turn-key restaurant space is available. Rental rates range from $18.00 to $23.09 per square foot per year, net, net, net (NNN), with estimated NNN fees of $4.06 per square foot based on 2023 figures. This property benefits from high visibility along a major retail and service corridor, boasting 21,000 average annual daily traffic (AADT) on Peach Street and 19,000 AADT on W. 38th Street (PennDOT 2022 data). Its convenient location is also served by public transportation. Liberty Center II is part of a larger plaza anchored by established businesses including Tops Friendly Market, Harbor Freight Tools, Dollar Tree, and many others, ensuring high foot traffic and a strong tenant base. Up to 14,761 square feet of space is potentially available. 3D tours and floor plans are available for most units.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.0831
- Latitude
- 42.0957
- CBSA code
- 21500
- CBSA name
- ERIE, PA METROPOLITAN STATISTICAL AREA
