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$6,000,000
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| | Land Acres | 17.90 | |
| | GLA | 216,420 | |
| | Building S.F. | 216,420 | |
| | Percent Occupied | 25.00 % | |
| | Cross Street | Nagle Road | |
| | Tax Parcel Number | 27051151001700 | |
| | Market | Erie | |
| | Sub Market | Harborcreek Township | |
| | No.Tenants | 16 | |
| | Year Built | 1959 | |
| | No. of Buildings | 2 | |
| | Zoning Type | Business | |
| | Shadow Anchored | Yes | |
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4050 Buffalo Road Erie, PA 16510
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Property Description
This property offers a tremendous opportunity for redevelopment, with 75% of the center being vacant. Actual NOI for 2006 is $304,533 and projected stabilized NOI is $1,237,074.
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Location Description
The subject property is physically located in Harborcreek Township, which is a submarket of Erie and is located 15 minutes east of Erie. It is located 1/4 of a mile from General Electric's Transportation Systems plant. Penn State Erie is located 1.5 miles to the southeast. Travel Distance to Nearby Cities: Buffalo, NY - 96 miles; Cleveland, OH - 99 miles; Pittsburgh, PA - 127 miles
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