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Giant Eagle Plaza 4041-4287 Buffalo Rd
1,630 - 53,815 SF of Retail Space Available in Erie, PA 16510
Highlights
- Anchored by a 90,000-square-foot Giant Eagle, the center provides convenient grocery shopping for surrounding residential communities
- The grocery-anchored center features a mix of specialty retail and restaurants
- The center attracts a large market of students from nearby schools, which have a combined total enrollment over 60,000
- KEY RETAILERS: Giant Eagle, Walgreens, Rite Aid, Pet Supplies Plus, Starbucks, Panera Bread, Chipotle
- VEHICLES PER DAY: 24,500 (Buffalo Rd & Nagle Rd)
- POPULATION: 182,332 (within 10 miles)
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,200-45,524 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,900-6,661 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,630 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
4045-4277 Buffalo Rd - 1st Floor
4045-4277 Buffalo Rd - 1st Floor
- 2nd generation restaurant space
4287 Buffalo Rd - 1st Floor
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 4041-4287 Buffalo Rd , Erie, PA 16510
| Min. Divisible | 1,630 SF | Gross Leasable Area | 156,930 SF |
| Center Type | Community Center | Total Land Area | 10.96 AC |
| Center Properties | 5 | Year Built | 1959 |
| Min. Divisible | 1,630 SF |
| Center Type | Community Center |
| Center Properties | 5 |
| Gross Leasable Area | 156,930 SF |
| Total Land Area | 10.96 AC |
| Year Built | 1959 |
About the Property
Anchored by a 90,000-square-foot Giant Eagle, the center provides convenient grocery shopping for surrounding residential communities. The grocery-anchored center features a mix of specialty retail and restaurants, including Panera Bread, Chipotle and Starbucks. The center attracts a large market of students from nearby schools, including Penn State Erie, Edinboro University, Gannon University and Mercyhurst College, which have a combined total enrollment over 60,000.
Nearby Major Retailers
-
Mike Boynton -
Matthew DePerro
-
Benderson Development Company, Inc.
Presented by
Giant Eagle Plaza | 4041-4287 Buffalo Rd
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