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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
Freestanding
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
162’ on W 26th St

Amenities

  • Freeway Visibility
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Information
  • -
  • -
  • -

Their world is rapidly being transformed by the widespread and growing availability of connectivity. And AT&T is leading the charge with their nationwide fast, reliable and secure 5G coupled with their growing, multi-gig fiber home internet service. As much as they depend on broadband connectivity today, they think this is only the beginning. They're strengthening their network to enable everything from smarter homes and cities to high-quality remote healthcare, augmented and virtual reality and sophisticated new workplace collaboration tools. Providing those connections is in AT&T’s DNA. Ever since Alexander Graham Bell’s telephone more than many years ago, they've been a leader in connecting people and businesses. They believe they have the resources, focus, expertise and people to be the best connectivity provider through 5G and fiber.

Tenant Industry SF Occupied Rent/SF Lease End
Information - - -
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Tim Hortons
PNC Bank
KeyBank
Northwest Bank
Hoss's Steak & Sea House
Five Guys
Giant Eagle
Citizens Bank
Starbucks
Applebee's

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 33-071-208.0-014.00
  • 33-071-208.0-015.00
  • 33-071-208.0-016.00
Land Assessment
$149,200
Improvements Assessment
$138,800
Total Assessment
$288,000
  • Listing ID: 40402386

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 2746 W 26th St, Erie, PA 16506

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