5942 Peach Street

Property occupies one block at Peach Street, Edinboro/Interchange Road, Marmon Drive & Spires Drive.SBRE, in conjunction with Colliers, is pleased to offer for sale Peach Street Plaza, a 9,553 SF value-add strip center in Erie, PA. Peach Street Plaza is currently 70% occupied by two national/regional tenants, Mattress Firm and Zoom Tan, both with longer-term leases. In addition to stable and reliable cash flow, there is one 2,892 SF unit available for lease-up and a 0.445± acre vacant outparcel that is separately platted. Peach Street Plaza is located directly across the street from a 2.2 million SF enclosed mall and ideally positioned in a 5± million SF regional retail submarket that serves an extended trade area due to its proximity to two major highways. This is a rare opportunity to acquire a well-located, positively cash flowing asset that also offers significant upside potential.2,149 to 6,478± SF prime, new construction for lease on Peach Street – Greater Erie’s major retail & service corridor. Available fall 2025. 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.