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Retail Storefront in Shopping Plaza
For Lease
$25 SF/Yr

1-1341 S Atherton St, State College, PA 16801

Wide-open storefront suite with rear office, bathroom, and storage in a well-kept shopping plaza.

Space SizeContact for details
Days on Market789

Property Features for 1-1341 S Atherton St

General Information

Standard status Active
Total Parking Spaces 106
Lease Type NNN

Amenities

signage
wall of windows
separate office
bathroom
storage area

Building Details

Tenancy Multi
Listing Agency: Kissinger, Bigatel & Brower
Listed By: Liz Piazza · License #RB052100C
Source: Exprealty
Added: Jul 15, 2024 Changed: Sep 4 Last Checked: Sep 11 at 12:24PM

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 Kissinger, Bigatel & Brower

Investment Insights

Based on property information with market context.

This for-lease retail storefront offers a clean, wide-open layout with a large wall of windows facing the shopping plaza. The suite includes a separate office at the rear, along with a bathroom and a dedicated storage area. The building also has enclosed stairway access to additional lower-level suites, which are located on the back side of the property.

The center is served by a large parking lot with ample signage along South Atherton St, making it easy for customers to find the location and for businesses to advertise. At the end of the building, it anchors one side while Talbots anchors the other side. Listed nearby tenants include Papa Johns, Lychee Buffet, and Zen Nails.

Front-of-building parking totals 44 spaces, with an additional 62 spaces in the rear. Taxes are noted as applying to the entire building.

Key Highlights

  • $25/SF ($3,521/month) plus NNN with current NNN costs of $4.70/SF for a 1,690 SF wide‑open storefront suite
  • Large wall of windows plus a separate rear office, bathroom, and storage area
  • Located in a well‑kept shopping plaza with large parking lot and ample signage along busy South Atherton St

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Plumbing Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,055
Businesses Nearby
76k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 23% Beauty & Spa 5%
Panera Bread Dining
15,725 visits/mo 0.4 miles
Starbucks Dining
13,701 visits/mo 0.2 miles
Panera Bread Dining
9,309 visits/mo 0.4 miles
Sunoco Shops & Services
7,976 visits/mo 0.1 miles
PNC Bank Shops & Services
6,071 visits/mo 0.4 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

$21 /SF/Yr
Avg Asking Price
$15–$25 /SF/Yr
Price Range
11,182 SF
Avg Space Size

This space is priced 19% above the average of $21 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Wide-open storefront suite with rear office, bathroom, and storage in a well-kept shopping plaza.
Where is this shopping center located?
The property is located at 1-1341 S Atherton St State College, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: $25/SF ($3,521/month) plus NNN with current NNN costs of $4.70/SF for a 1,690 SF wide‑open storefront suite; Large wall of windows plus a separate rear office, bathroom, and storage area; Located in a well‑kept shopping plaza with large parking lot and ample signage along busy South Atherton St
More about this property
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