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Space Available For Lease 1
Suite 214 |
1,950± SF Second Generation Restaurant Space For Lease at Peninsula Plaza. Available January 2026. Zoned MU-2, Corridor Mixed Use (Millcreek Township. Highly visible end-cap 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. 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, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Spotlight Dance Studio, UPMC Primary Care West, Bob’s Steakhouse & more. Contact broker for more information or to schedule a tour. ![]()
Sherry Bauer
SBRE - Sherry Bauer Real Estate |
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SBRE - Sherry Bauer Real Estate
Property Details
- Property Type Retail - Strip
- Property Size 54,733 SF
- Units 11
- Lot Size 3.73 Acre
- Parking Spaces Avail. 191
- Property Tenancy Multi-Tenant
- Year Built 2001
- Date Updated May 26, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 1,950± SF Second Generation Restaurant Space For Lease
- 10,000 AADT (W. 12th Street) & 13,000 AADT (Peninsula Drive) – PennDOT 2023
- Abundant Free Parking With 191 Paved Spaces
- Available January 2026
- Highly Visible End-Cap Location At The Signalized Intersection Of W. 12th Street & Peninsula Drive
- Join CVS, Achieva - The Arc of Erie County, Erie Krav Maga Martial Arts Academy, Erie Distillery, Glow Luxe Aesthetics, Spotlight Dance Studio, UPMC Primary Care West, Bob’s Steakhouse & More At Peninsula Plaza
- NNN Estimated At $3.30±/SF/YR Based On 2024
- Offered At $15.50/SF/YR – NNN
- Signage Available In High Traffic Area
- Tenant Pays Approximately $3,055/Month (Base Rent + NNN) Plus Utilities
- Zoned MU-2, Corridor Mixed Use (Millcreek Township)
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Erie, PA
- Zip Code 16505
Points of Interest
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L. Ruth Express
0.73 miles
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Erie Zoo Train Station
3.56 miles
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Citgo
0.11 miles
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Sheetz
0.31 miles
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GetGo
1.51 miles
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Shell
1.62 miles
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Kwik Fill
1.88 miles
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Tesla Supercharger
4.68 miles
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Vista 1 Lot
1.29 miles
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Vista 2 Lot
1.50 miles
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Vista 3 Lot
1.65 miles
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Sturgeon Bay Lot
2.46 miles
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Swan Cove Lot
2.75 miles
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Saint Vincent Parking Garage
3.34 miles
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Harborview Apartments Parking Garage
3.40 miles
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Erie Parking Garage
3.45 miles
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Bayfront Convention Center Parking Garage
3.49 miles
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Domino's
0.03 miles
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Bob's Steakhouse
0.04 miles
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Samuri Kitchen & Sushi
0.11 miles
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McDonald's
0.11 miles
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Taco Bell
0.14 miles
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Applebee's
0.16 miles
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El Canelo
0.20 miles
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KFC
0.22 miles
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Pizza Hut
0.25 miles
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Hibachi Japanese Steakhouse
0.25 miles
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ALDI
0.26 miles
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Bello's Market
0.35 miles
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Giant Eagle
0.54 miles
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American Freight
0.59 miles
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Big Lots
0.73 miles
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Save-A-Lot
0.77 miles
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Stanganelli's
1.86 miles
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Erie Food Co-op
2.24 miles
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BFA Mart
2.57 miles
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Lake Erie International Market
2.91 miles
1101 Peninsula Drive Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 1101 Peninsula Drive is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 1,950 square feet of retail space for lease. Of this total, 1,950 square feet are Restaurant.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

SBRE - Sherry Bauer Real Estate