For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

7505 Huntingdon Plz Huntingdon, PA 16652

Loading data...
Loading data...
Loading data...
For Sale
$8,540,000

138,695 SF shopping center anchored by Aldi.

Property size:
138,695 SF

Property Features for 7505 Huntingdon Plz

General Information

Size
138,695 SF

Building Details

Year built
1972

Source: Chris Kinnard Agent Chris Kinnard

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Aldi Anchored Shopping Center

This 138,695 square foot shopping center is anchored by Aldi, which has a new 10-year term. Approximately 45% of the gross leasable area (GLA) has over seven years remaining on the leases. The average occupancy is eight years. The average rent is $7.00 per square foot. There are two vacant units totaling 12,850 square feet, offering upside potential. The property features a mix of long-term leases on larger spaces and short-term leases on smaller spaces, as well as a mix of NNN and gross leases. There is room for additional outlots. The property is well below replacement cost and has low deferred maintenance with scheduled rent bumps. Major barriers to entry and a large trade area exist due to the Appalachian terrain. The property is located in Huntingdon, PA, a town offering a mix of historic charm and modern conveniences. The surrounding area includes boutiques, cafes, and scenic parks. The location provides close proximity to major thoroughfares, offering a compelling opportunity for commercial endeavors.
Location Intelligence

Current Use by Public Records

bealls Clothing Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Lake Raystown Shopping Center, Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Huntingdon
County
Huntingdon
State
Pennsylvania
Longitude
-78.0149006
Latitude
40.4817084

FAQs

What type of property is this?
Shopping center - 138,695 SF shopping center anchored by Aldi.
Where is this shopping center located?
The property is located at 7505 Huntingdon Plz Huntingdon, PA.
What is the asking price?
The asking price for this property is $8,540,000.
What are key features of this property?
This property features: - Aldi Anchored Shopping Center with a New 10-Year Term: Enjoy a stable, long-term income stream.; - High Occupancy with Long-Term Leases: 45% of GLA has 7+ years left, ensuring tenant stability.; - Value-Add Opportunity: 12,850 SF of vacancy presents significant upside potential.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message