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Multi-Suite Office Sublease
For Lease
$713-$3,314/Mo Modified Gross

129 S SPARKS Street, State College, PA 16801

CommercialLease, STATE COLLEGE, PA

Space Size489 SF - 1,940 SF
Days on Market279

Property Features for 129 S SPARKS Street

General Information

Property type Other
Property subtype Office
Rooms Basement
Parking 6
Parking features Parking Lot
Elementary school district STATE COLLEGE AREA
Middle school district STATE COLLEGE AREA
High school district STATE COLLEGE AREA
Standard status Active

Utilities

Heating system Hot Water(Heating)
Cooling system Window Unit(s)

Amenities

skylight
fireplace
kitchen
separate exterior entrance
restrooms

Building Details

Year built 1990
Building materials Masonry
Listing Agency: eXp Commercial
Listed By: Kate Ying-Wai Wai · License #RS369086
Added: Dec 4, 2025 Changed: Aug 19 Last Checked: Sep 9 at 5:06PM
MLS# PACE2517014

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office sublease at 129 S. Sparks Street provides three suites that can be occupied individually or combined. The first-floor Unit 1 measures 952 SF and includes a reception area, private office with fireplace, meeting or open work area, kitchen, two restrooms, skylight, and natural light. Lower-level Units 5 and 6 measure 499 SF and 489 SF, respectively, and each has a finished office or clinical layout with its own exterior entrance near the parking area. The combined configuration totals 1,940 SF.

Six dedicated off-street parking spaces are available. The property is near downtown State College and Penn State University, within the R3H Mixed-Use District; commercial office use requires a Special Exception, subject to verification with the State College Borough. The modified gross structure includes water/sewer, refuse, parking, lawn care, and snow removal. Electric, heating, cable/internet, and security/alarm are the subtenant’s responsibility as applicable. The sublease runs through July 31, 2027, with a longer term subject to master landlord approval. Lower-level access is below grade and has no ramp.

Key Highlights

  • Three office suites available separately or together, totaling 1,940 SF
  • Unit 1 offers 952 SF with reception, private office, fireplace, kitchen, two restrooms, and meeting/open work area
  • Lower‑level Units 5 and 6 measure 499 SF and 489 SF, each with a separate exterior entrance

Property Analytics

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Current Use

Office Units

Suggested Use

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

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,880
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for State College, PA

$18 /SF/Yr
Avg Asking Price
$10–$30 /SF/Yr
Price Range
8,092 SF
Avg Space Size

This space is priced 11% above the average of $18 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three separately leasable office suites with dedicated parking and a modified gross lease structure near Penn State University.
Where is this office units located?
The property is located at 129 S SPARKS Street State College, PA.
What is the lease rate?
The lease rate is $3,314/Mo.
What are key features of this property?
This property features: Three office suites available separately or together, totaling 1,940 SF; Unit 1 offers 952 SF with reception, private office, fireplace, kitchen, two restrooms, and meeting/open work area; Lower‑level Units 5 and 6 measure 499 SF and 489 SF, each with a separate exterior entrance
More about this property
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