For Lease
$14.50/SF/YR

1101 Peninsula DrErie, PA 16505

Erie, PA: 2,157 SF Mixed-Use

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
Peninsula Plaza in Erie, Pennsylvania offers 2,157 square feet of mixed-use space available for lease. This single-story, Class B building, constructed in 2001, is part of a larger plaza with a total of 54,733 square feet and ten suites. The space is currently configured as a salon, featuring a lobby, a large open area with a gas fireplace and ventilation system, two treatment rooms (one with a sink), a break room with laundry facilities, and two restrooms. Floor plans are available upon request. The property boasts abundant free parking with 191 paved spaces and excellent visibility along a high-traffic corridor, with over 33,000 vehicles daily passing by on W. 12th Street and Peninsula Drive (based on 2022 PennDOT counts). Peninsula Plaza enjoys a prime location at 1101 Peninsula Dr, Erie, PA 16505, and is situated on a 3.73-acre lot. The property is zoned R-C, Resort Commercial, allowing for various uses including office and retail. The asking rent is $14.50 per square foot per year, with estimated NNN charges of $3.30 per square foot per year (based on 2023 estimates). The total monthly expense for rent and NNN is approximately $3,200, plus utilities. A minimum five-year lease is required. Additionally, a turnkey salon setup, including the business name, assets, equipment, inventory, websites, and phone number, is available for an additional $15,000. The property's address is 1101 Peninsula Dr, Erie, PA 16505, and its APN is 33-034-058.0-009.00. The plaza is home to a variety of established businesses, including CVS, Domino's, and several other local businesses.

Highlights

  • 2,157± SF mixed-use space available at Peninsula Plaza.
  • Salon layout includes lobby/showroom, open floor plan, two treatment rooms, break room with laundry, and two restrooms. Floor plan available.
  • Features a heat recovery/energy ventilator system.
  • Ample off-street parking (191 paved spaces).
  • Excellent signage and visibility on a high-traffic corridor.
  • High traffic counts: 22,000 vehicles daily on W. 12th Street and 11,000 on Peninsula Drive (PennDOT 2022).

Property Details for 1101 Peninsula Dr

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
54,733 SF
Class
B
Year Built
2001
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 210
Size
2,157 SF
Rate per SF
$14.50

Location Insight

City
Erie
County
Erie
State
Pennsylvania
Latitude
42.100425765853
Longitude
-80.145918844798
1101 Peninsula Dr, Erie, Pennsylvania

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Contacts

Sherry Bauer
Visit Broker Website

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1101 Peninsula Dr, Erie, Pennsylvania, 16505

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1101 Peninsula Dr
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