9,553± SF Value-Add Strip Center
$33/sqft/yr
5942 Peach Street, Erie, PA 16509
16,031 sqft
Building Size
2.35 acres
Lot Area
Details:
Highlights:
- Currently 70% occupied by 2 national/regional tenants with longer-term leases
- Value-add potential with one vacant space and a vacant pad that is separately platted
- Located at a hard-signalized intersection of two major roadways with over 51,000± combined AADT
- Positioned in the heart of a 5± million SF regional destination for retail and services that serves an extended trade area
- Peach Street is the main commercial corridor for Erie and is also one of the only significant retail trade areas for the entire Northern PA region
- Directly across the street from the Millcreek Mall, a 2.2 million SF mall that attracts over 6 million visitors annually according to Placer.AI
Description:
2,149 to 6,478± SF prime, new construction for lease on Peach Street – Greater Erie’s major retail & service corridor. Available fall 2026. To be delivered as white box space with ADA restroom with 18’8” window frontage. Endcap unit also to include two 19’4”W windows along the side of the building facing Marmon Drive. May be combined for 4,319± SF (2 units) or 6,478± SF (3 units). Plans available. Join Stanton Optical, Zoom Tan & Mattress Firm. Property is adjacent to the Millcreek Mall, Barnes & Noble, KFC, and multiple major retailers. Excellent visibility with 32,000 vehicles per day along Peach Street (PennDOT AADT 2023 count year). Pylon signage & abundant parking available. Ideal mixed-use space. Zoned C1, Corridor Commercial (Millcreek Township). Offered at $33.00/SF/YR - NNN. NNN estimated at $8.33/SF/YR based on 2024. Contact broker for additional information.
Property occupies one block at Peach Street, Edinboro/Interchange Road, Marmon Drive & Spires Drive.
3 Spaces Available
Suite A Strip Center
2,149± SF endcap unit for lease on Peach Street – new construction along Greater Erie’s major retail corridor. Available fall 2026. Endcap unit approximately 25’ x 86’ with 18’8” window frontage plus two 19’4”W windows along the side of the building facing Marmon Drive. To be delivered as white box space with ADA restroom. Up to 6,478± SF available. Plans available. Offered at $33.00/SF/YR - NNN. NNN estimated at $8.33/SF/YR based on 2024.
Suite B Strip Center
2,149± SF prime, new construction for lease on Peach Street – Greater Erie’s major retail corridor. Available fall 2026. Ideal mixed-use space to be delivered as white box space with ADA restroom. Space to be approximately 25’ x 86’ with 18’8” window frontage. Up to 6,478± SF available. Plans available. Offered at $33.00/SF/YR - NNN. NNN estimated at $8.33/SF/YR based on 2024.
Suite C Strip Center
2,149± SF prime, new construction for lease on Peach Street – Greater Erie’s major retail corridor. Available fall 2026. Ideal mixed-use space to be delivered as white box space with ADA restroom. Space to be approximately 25’ x 86’ with 18’8” window frontage. Up to 6,478± SF available. Plans available. Offered at $33.00/SF/YR - NNN. NNN estimated at $8.33/SF/YR based on 2024.
Documents:
| Title | ||
|---|---|---|
| FLYER--5942 Peach Street (2,149-6,478 SF Available).pdf | ||
| PLANS--Preliminary Renderings.pdf |
Location
Gallery
