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6,335± SF Freestanding Building 3412 W Lake Rd
6,335 SF of Retail Space Available in Erie, PA 16505
Highlights
- 6,335± SF Freestanding Building
- 480± SF Office with Restroom & 400± SF Break Room with 2 Restrooms
- 1.1 Miles West of Presque Isle State Park and Waldameer & Water World
- Layout Includes 2,990± SF Retail Area & 2,360± SF Storage/Warehouse
- 11,000 Average Daily Traffic & On Bus Route
- Floor Plan & 3D Tour Available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,335 SF | Negotiable | $11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $5,807 /MO $69,685 /YR | Modified Gross |
1st Floor
6,335± SF freestanding building available for lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities. 11 Paved parking spaces in front of suite & additional paved parking behind building. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 11,000 average daily traffic (PennDOT 2022 AADT). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use, within the LL, Limited Lodging Overlay District. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered at $11.00/SF/YR ($5,807/month) plus utilities, snow removal & lawncare. Contact broker for additional information or to schedule a tour.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- 6,335± SF Freestanding Building
- 2,990± SF Retail Area with ±47' Frontage
- 2,360± SF Warehouse
- 480± SF Office & 400± SF Break Room
- 100' Frontage Along W. Lake Road with 11,000 AADT
- 1 Mile West of Presque Isle State Park & Waldameer
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3412 W Lake Rd , Erie, PA 16505
| Property Type | Retail | Year Built | 1942 |
| Property Subtype | Freestanding | Parking Ratio | 2.53/1,000 SF |
| Gross Leasable Area | 6,335 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,335 SF |
| Year Built | 1942 |
| Parking Ratio | 2.53/1,000 SF |
About the Property
6,335± SF freestanding building available for lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities. 11 Paved parking spaces in front of suite & additional paved parking behind building. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 11,000 average daily traffic (PennDOT 2022 AADT). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use, within the LL, Limited Lodging Overlay District. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered at $11.00/SF/YR ($5,807/month) plus utilities, snow removal & lawncare. Contact broker for additional information or to schedule a tour.
-
Sherry Bauer -
SBRE - Sherry Bauer Real Estate Services
Presented by
6,335± SF Freestanding Building | 3412 W Lake Rd
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