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Peninsula Plaza 1101 Peninsula Dr 1,950 SF of Retail Space Available in Erie, PA 16505
HIGHLIGHTS
- 1,950± SF Second Generation Restaurant Space For Lease. Available January 2026
- Zoned MU-2, Corridor Mixed Use
- Highly Visible Location At The Signalized Intersection Of W. 12th Street & Peninsula Drive
- Join CVS, Bay & Berry Café, Achieva, Erie Krav Maga, Erie Distillery, Glow Luxe Aesthetics, Relaxapy Salt Cave & Halotherapy, Spotlight Dance & More
- Abundant Free Parking With 191 Paved Spaces
- Signage Available In High Traffic Area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 214 | 1,950 SF | Negotiable | $21.44 CAD/SF/YR $1.79 CAD/SF/MO $41,813 CAD/YR $3,484 CAD/MO | Triple Net (NNN) |
1101 Peninsula Dr - 1st Floor - Ste 214
1,950± SF second generation restaurant space for lease at Peninsula Plaza. Available January 2026. Zoned MU-2, Corridor Mixed Use. Highly visible location at the signalized intersection of W. 12th Street and Peninsula Drive with daily traffic counts of 10,000 (W. 12th Street) and 13,000 (Peninsula Drive) – PennDOT 2023 count year. Abundant free parking with 191 paved spaces. Offered at $15.50/SF/YR – NNN. NNN estimated at $3.30±/SF/YR based on 2024. Tenant pays approximately $3,055/month (base rent + NNN) plus utilities. Join CVS, Bay & Berry Café, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Relaxapy Salt Cave & Halotherapy, Rep. Bizzarro, Spotlight Dance Studio, UPMC Primary Care West & more. Contact broker for more information or to schedule a tour.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- 1,950± SF Second Generation Restaurant Space
- Available January 2026
- Zoned MU-2, Corridor Mixed Use
- Abundant Free Parking With 191 Paved Spaces
- Signage Available In High Traffic Area
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 PENINSULA PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS
- Drug Store
- 9,804
- National
- Erie Distillery
- Cocktail Bar
- 1
- Local
- Erie Krav Maga
- Fitness
- 1
- Local
- Representative Ryan A. Bizzarro
- Other Office
- 1
- Local
- Spotlight Studio By Stacy Kabasinski Inc
- Dance
- 1
- Local
- UPMC
- Health Care
- 597
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS | Drug Store | 9,804 | National |
| Erie Distillery | Cocktail Bar | 1 | Local |
| Erie Krav Maga | Fitness | 1 | Local |
| Representative Ryan A. Bizzarro | Other Office | 1 | Local |
| Spotlight Studio By Stacy Kabasinski Inc | Dance | 1 | Local |
| UPMC | Health Care | 597 | Regional |
PROPERTY FACTS
| Total Space Available | 1,950 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 71,015 SF |
| Parking | 208 Spaces | Total Land Area | 5.68 AC |
| Stores | 11 | Year Built | 2001 |
| Center Properties | 3 |
| Total Space Available | 1,950 SF |
| Center Type | Neighborhood Center |
| Parking | 208 Spaces |
| Stores | 11 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 71,015 SF |
| Total Land Area | 5.68 AC |
| Year Built | 2001 |
ABOUT THE PROPERTY
1,950± SF second generation restaurant space for lease at Peninsula Plaza. Available January 2026. Zoned MU-2, Corridor Mixed Use. Highly visible location at the signalized intersection of W. 12th Street and Peninsula Drive with daily traffic counts of 10,000 (W. 12th Street) and 13,000 (Peninsula Drive) – PennDOT 2023 count year. Abundant free parking with 191 paved spaces. Offered at $15.50/SF/YR – NNN. NNN estimated at $3.30±/SF/YR based on 2024. Tenant pays approximately $3,055/month (base rent + NNN) plus utilities. Join CVS, Bay & Berry Café, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Relaxapy Salt Cave & Halotherapy, Rep. Bizzarro, Spotlight Dance Studio, UPMC Primary Care West & more. Contact broker for more information or to schedule a tour.
- Bus Line
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Peninsula Plaza | 1101 Peninsula Dr
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