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1,950± SF Second Generation Restaurant Space

Market Price

1101 Peninsula Drive, Erie, PA 16505

Active
Last Updated: 07/15/2025

54,733 sqft

Building Size

3.726 acres

Lot Area

Details:
Building Size:    54,733 sqft
Lot Area:    3.726 acres
Class:    B
Occupancy:    91%
Units:    11
Year Built:    2001
Floors:    1
Parking Spots:    191
Description:

1,950± SF second generation restaurant space for lease at Peninsula Plaza. Available January 2026. Zoned MU-2, Corridor Mixed Use. Highly visible location at the signalized intersection of W. 12th Street and Peninsula Drive with daily traffic counts of 10,000 (W. 12th Street) and 13,000 (Peninsula Drive) – PennDOT 2023 count year. Abundant free parking with 191 paved spaces. Offered at $15.50/SF/YR – NNN. NNN estimated at $3.30±/SF/YR based on 2024. Tenant pays approximately $3,055/month (base rent + NNN) plus utilities. Join CVS, Bay & Berry Café, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Relaxapy Salt Cave & Halotherapy, Rep. Bizzarro, Spotlight Dance Studio, UPMC Primary Care West & more. Contact broker for more information or to schedule a tour.

Northeastern corner of Peninsula Drive & W. 12th Street

Map:
1 Space Available

1101 Peninsula Drive, Suite 214 Restaurant

Available:
01/01/2026
Sublease:
No
SQFT
1,950
Lease Rate:
$0/sqft/yr
Lease Type:
Gross

1,950± SF second generation restaurant space for lease at Peninsula Plaza. Available January 2026. Zoned MU-2, Corridor Mixed Use. Highly visible location at the signalized intersection of W. 12th Street and Peninsula Drive with daily traffic counts of 10,000 (W. 12th Street) and 13,000 (Peninsula Drive) – PennDOT 2023 count year. Abundant free parking with 191 paved spaces. Offered at $15.50/SF/YR – NNN. NNN estimated at $3.30±/SF/YR based on 2024. Tenant pays approximately $3,055/month (base rent + NNN) plus utilities. Join CVS, Bay & Berry Café, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Relaxapy Salt Cave & Halotherapy, Rep. Bizzarro, Spotlight Dance Studio, UPMC Primary Care West & more. Contact broker for more information or to schedule a tour.

Documents:
Title
FLYER- 1101 Peninsula Dr - STE 214 (1,950± SF)
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Location
Gallery