Log In/Sign Up
Your email has been sent.
2746 W 26th St
Erie, PA 16506
Retail Property For Sale
Investment Highlights
- Heavy daytime traffic
- Includes three parcels
Executive Summary
This property is leased to AT&T mobile's real estate division, Prime Comms. Tenant has demonstrated a long-term committment to this location. Current lease term commenced on August 1, 2024, and there is also a remaining 5-year renewal option. This high-profile location features ample parking and outstanding visibility along the retail corridor of West 26th and Peninsula Drive. Nearby tenants include Long John Silver, Arby's, Burger King, Subway, Ferrier's Ace Hardware, Tim Hortons and McDonald's. Three parcels are included in this sale. Very limited landlord responsibilities; tenant pay all utilities, real estate taxes and maintenance. Priced at a 7% return on investment, this property will provide twice what your bank is paying you on your savings!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,256 SF
Building Class
B
Year Built
1978
Price
$659,000
Price Per SF
$292.11
Cap Rate
7%
NOI
$46,130
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Zoning
C-1 - Commercial Corridor
Parking
30 Spaces (13.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $138,800 | |
| Land Assessment | $149,200 | Total Assessment | $288,000 |
Property Taxes
Parcel Numbers
Land Assessment
$149,200
Improvements Assessment
$138,800
Total Assessment
$288,000
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
