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Prime Retail Space Downtown
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126 W College Ave, State College, PA 16801

Centrally located retail space in the heart of downtown.

Space SizeContact for details
Property Size6,108 SF
Days on Market823

Property Features for 126 W College Ave

General Information

Standard status Active
Size 6,108 SF
Class A
Property subtype Retail

Building Details

Building Size 6,108 SF
Tenancy Single

Spaces For Lease

at 126 W College Ave Contact us

Available Space

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bennett Williams Commercial
Listed By: Justin Willits · License #PA RS330371
Source: Crexi
Added: May 23, 2024 Changed: Aug 11 Last Checked: Aug 23 at 10:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial

Investment Insights

Based on property information with market context.

Located in the heart of Downtown State College, 126 West College Avenue is positioned directly across from Penn State University campus. This location provides immediate access to vehicle traffic and foot traffic from students and visitors. The property benefits from significant foot traffic in Downtown State College, as well as the nearby student housing population. The building includes a fully built-out basement, break room, and bathroom. This property presents an opportunity for a tenant to enter the Downtown State College retail market.

Key Highlights

  • Prime location in the heart of Downtown State College.
  • Directly across from Penn State University campus.
  • High foot traffic from students and visitors.

Property Analytics

Current Use

Douglas Albert Gallery Art Gallery

Suggested Use

Top Pick Plumbing Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,268
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 18% Beauty & Spa 4%
Panera Bread Dining
15,725 visits/mo 0.5 miles
Starbucks Dining
13,701 visits/mo 0.2 miles
Panera Bread Dining
9,309 visits/mo 0.1 miles
Primanti Bros. Dining
9,195 visits/mo 0.3 miles
Sunoco Shops & Services
7,976 visits/mo 0.3 miles

Demographics for 16801, PA

42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value

Market

Lease Benchmarks for State College, PA

$22.5 /SF/Yr
Avg Asking Price
$15–$30 /SF/Yr
Price Range
7,807 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Centrally located retail space in the heart of downtown.
Where is this retail space located?
The property is located at 126 W College Ave State College, PA.
What are key features of this property?
This property features: Prime location in the heart of Downtown State College.; Directly across from Penn State University campus.; High foot traffic from students and visitors.
(717) 843-5555 Call to check price and availability
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