5430 Peach St - Drug Store FOR SALE


Erie, PA 16509
$6,000,000 USD
814-460-2000
5430 Peach St, Erie, PA for Sale
$6,000,000 USD
Drug Store - FOR SALE
1/32
null | Request Cap Rate

NEW


5430 Peach St
Erie, PA 16509


HIGHLIGHTS

  • 11,540± SF Mixed-Use Building On 1.6± Acres For Sale Or Lease
  • Along Greater Erie’s Major Retail/Service Corridor With 26,000 Average Daily Traffic
  • At A Signalized Corner Intersection With 3 Curb Cuts For Easy Access
  • Former Rite Aid Pharmacy – Built In 1999 – Interior Renovated 2020
  • Drive-Thru Window, Overhead Door & Public Utilities
  • Abundant Parking With ±64 Spaces In Paved Lot

OVERVIEW

11,540± SF freestanding mixed-use building for sale or lease. Located along Greater Erie’s major retail/service corridor near Millcreek Hospital, Millcreek Mall complex & LECOM Ambulatory Surgery Center. Former Rite Aid Pharmacy. Built in 1999. Drive-thru window, overhead door, abundant parking with ±64 spaces in paved lot & public utilities. Interior completely renovated In 2020. Excellent signage & visibility. At a signalized corner intersection for easy access with 2 curb cuts on Peach Street & 1 on Zimmerly Road. 26,000 average daily traffic along Peach Street (PennDOT AADT, 2023 count year). On 1.602± acres zoned C1, Corridor Commercial, in Millcreek Township with permitted uses including retail, restaurant, car wash, vehicle sales, veterinary clinic, medical marijuana dispensary & more. Offered for lease at $32.00/SF/YR – NNN. Contact broker for additional information or to schedule a tour.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

11,540± SF Mixed-Use Building On 1.6± Acres

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C-1

APN/PARCEL ID

33-121-604.0-005.00

ASK ABOUT THIS PROPERTY

Sherry BauerSBRE - Sherry Bauer Real Estate ServicesMore Info
814-460-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sherry BauerSBRE - Sherry Bauer Real Estate ServicesMore Info
814-460-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.