For Lease
$18-$23.09 /SF/YR

707 38Th StErie, PA 16509

Erie, PA retail space: prime location, multiple suites.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 1,422± SF to 3,076± SF of mixed-use and restaurant space available.
  • Liberty Center II, a five-unit, 7,670± SF retail center.
  • High visibility on a high-traffic corridor.
  • 21,000 AADT on Peach Street and 19,000 AADT on W. 38th Street (PennDOT 2022).
  • Accessible from Peach and W. 38th Streets, and on a bus route.
  • 1,422± SF inline suite (former mobile phone store).

Property Details for 707 38Th St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
7,670 SF
Class
B
Year Built
1962
Buildings
1
Stories
1

Unit(s) available at that property

Space
713 W. 38th Street
Size
1,422 SF
Rate per SF
$18
Space
707 W. 38th Street
Size
1,517 SF
Rate per SF
$18
Space
709 W. 38th Street
Size
1,559 SF
Rate per SF
$23.09

Location Insight

City
Erie
County
Erie
State
Pennsylvania
Latitude
42.095928451454
Longitude
-80.083414578656
707 38Th St, Erie, Pennsylvania

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707 38Th St
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