4431 Peach St | Erie, PA 16509
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- LoopNet Team
4431 Peach St
Erie, PA 16509
O'Reilly Auto Parts · Retail Property For Sale
Investment Highlights
- Newer 2016 construction with no deferred maintenance
- There are 6% rental increases in Year 11 and each option period
- Lease is corporately guaranteed by O’Reilly Auto Parts, an investment grade credit tenant, rated BBB by Standard & Poor’s
- NN Lease with more than 13 Years Remaining and minimal Landlord responsibilities or expenses
- Located at the signalized corner of Peach Street and Miller Avenue with a combined 23,899 vehicles passing by daily
- Strong retail corridor only 1.5 miles from the 2.2MSF Millcreek Mall Complex (10th largest shopping complex in the U.S.)
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.66 AC
Zoning
C3
Amenities
- Bus Line
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 18-053-001.0-110.00 | Improvements Assessment | $1,280,570 |
| Land Assessment | $227,800 | Total Assessment | $1,508,370 |
Property Taxes
Parcel Number
18-053-001.0-110.00
Land Assessment
$227,800
Improvements Assessment
$1,280,570
Total Assessment
$1,508,370
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