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Liberty Center II 707 W 38th St
1,422 - 4,498 SF of Retail Space Available in Erie, PA 16508
Highlights
- 1,422± SF To 3,076± SF Mixed-Use & Restaurant Space Available
- 1,422± SF In-Line Suite – Former Mobile Phone Store
- 1,559± SF To 3,076± SF Second Generation, Turn-Key Restaurant
- Excellent Visibility Along High Traffic Corridor
- 1,517± SF Endcap Unit – Currently The UPS Store – Available November 2024
- Floor Plans & 3D Tours Available
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 707 | 1,517 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,276 /MO $27,306 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 709 | 1,559 SF | Negotiable | $23.09 /SF/YR $1.92 /SF/MO $248.54 /m²/YR $20.71 /m²/MO $3,000 /MO $35,997 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 713 | 1,422 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,133 /MO $25,596 /YR | Triple Net (NNN) |
707-711 W 38th St - 1st Floor - Ste 707
1,517± SF highly visible mixed-use/retail space for lease at Liberty Center II. End cap unit currently occupied by UPS Store - available in December 2024. Offered at $18.00/SF/YR – NNN. NNN fees are estimated at $4.06/SF based on 2023. Tenant pays approximately $2,789/month (rent & NNN) plus utilities. Up to 3,076± SF available with contiguous space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 3,076 SF of adjacent space
- 1,517± SF Highly Visible Mixed-Use Space For Lease
- End Cap Unit – Currently The UPS Store
- Up To 3,076± SF Available
- Excellent Signage & Visibility
- 21,000 AADT on Peach St & 19,000 AADT on W 38th St
- Accessible from Both Peach & W. 38th Streets
707-711 W 38th St - 1st Floor - Ste 709
1,559± SF highly visible second generation restaurant space for lease at Liberty Center II. Layout includes dining area with seating for ±26, checkout counter, 2 ADA restrooms & fully equipped commercial kitchen: 12’ ancillary hood, flat top grill, gas range, fryers, coolers, freezers, stainless steel prep tables & sinks, ice maker, etc. Business name excluded from offering. Floor plan & 3D tour available. Offered at $3,000/month base rent ($23.09/SF/YR – NNN). NNN fees are estimated at $4.06/SF based on 2023. Tenant pays approximately $3,527/month (rent & NNN) plus utilities. Up to 3,076± SF available with contiguous end cap unit (currently The UPS Store – available November 2024).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,076 SF of adjacent space
- 1,559± SF Turn-Key, Second Generation Restaurant
- Dining Area With Seating For ±26
- Fully Equipped Commercial Kitchen
- 12’ Ancillary Hood, Flat Top Grill & Gas Range
- Fryers, Coolers, Freezers, Sinks, Ice Maker, Etc.
- Floor Plan & 3D Tour Available - Up To 3,076± SF
707-711 W 38th St - 1st Floor - Ste 713
1,422± SF highly visible mixed-use/retail space now available for lease at Liberty Center II. Layout includes open sales floor, back room & ADA restroom. Offered at $18.00/SF/YR – NNN. NNN fees are estimated at $4.06/SF based on 2023. Tenant pays approximately $2,614/month (rent & NNN) plus utilities.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 1,422± SF Highly Visible Mixed-Use Space Available
- Open Main Area, Back Room & ADA Restroom
- Floor Plan & 3D Tour Available
- Excellent Signage & Visibility
- 21,000 AADT on Peach St & 19,000 AADT on W 38th St
- Accessible from Both Peach & W. 38th Streets
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.
SELECT TENANTS AT Liberty Center II
- Tenant
- Description
- US Locations
- Reach
- Cost Cutters
- Salon/Barber/Spa
- 899
- National
- Hibachi Express
- Retailer
- -
- -
- Holiday Financial Services Corporation
- Bank
- 5
- Local
- The UPS Store
- Business/Copy/Postal Services
- 8,525
- International
| Tenant | Description | US Locations | Reach |
| Cost Cutters | Salon/Barber/Spa | 899 | National |
| Hibachi Express | Retailer | - | - |
| Holiday Financial Services Corporation | Bank | 5 | Local |
| The UPS Store | Business/Copy/Postal Services | 8,525 | International |
PROPERTY FACTS FOR 707 W 38th St , Erie, PA 16508
About the Property
Liberty Center II is a 5-unit center totaling 7,670± SF. The center is located along one of Erie's major retail / service corridors with high pedestrian and vehicle traffic and is on the bus route. 21,000 average annual daily traffic along Peach Street & 19,000 AADT along W. 38th Street (PennDOT 2022 count year). Current availability includes 1,422± SF in-line suite – former mobile phone store – available immediately; 1,517± SF endcap unit – currently The UPS Store – available November 2024; and 1,559± SF to 3,076± SF second generation, turn-key restaurant. 3D tours & floor plans available for most units. Offered at $18.00/SF/YR – NNN to $23.09/SFYR – NNN. NNN fees are estimated at $4.06/SF based on 2023. Liberty Center II is part of a larger multi-building plaza home to a wide variety of retailers and service providers including Tops Friendly Market, AMVETS Thrift Store, Harbor Freight Tools, GNC, Dollar Tree, Rent-A-Center, PA Wine & Spirits, H&R Block, Erie Gymnastics Center, Fred’s Furniture, Northwest Savings Bank, PNC Bank, Rotech Healthcare, Stumpy's Hatchet House and Werner Books & Coffee. Up to 14,761± SF available. Contact broker for additional information or in-person tours.
- Bus Line
- Pylon Sign
Nearby Major Retailers
-
Sherry Bauer -
SBRE - Sherry Bauer Real Estate Services
Presented by
Liberty Center II | 707 W 38th St
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