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NNN-Leased Strip Center with Drive-Thrus
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3106 East Pleasant Valley Blvd, Altoona, PA 16601

Rite Aid anchored strip center with block-on-block construction and separate Rite Aid and Subway drive-thru windows.

Property Size10,500 SF
Lot Size2.14 Acres
Days on Market134

Property Features for 3106 East Pleasant Valley Blvd

General Information

Standard status Active
Size 10,500 SF
Lot size 2.14 Acres
Property subtype Retail

Site & Location

Traffic Count 6,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Construction block-on-block
Tenancy Multi
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:16AM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This Rite Aid anchored strip center offers a well-maintained block-on-block building with NNN lease structure in place. Rite Aid has 6+ years remaining on its initial 10-year NNN lease, with two additional five-year renewal options. The property includes multiple tenants, with vacant space present and value-add potential tied to leasing the available area.

The center is located on East Pleasant Valley Boulevard in Altoona, Pennsylvania, a main north/south corridor paralleling I-99. The site benefits from direct visibility and access along the boulevard, with over 6,000 vehicles traveling by daily, and it is also situated just off the Interstate 99 and Rte. 865 interchange where combined traffic counts total 28,000 vehicles per day.

Both Rite Aid and Subway feature their own drive-thru windows at the property. The offering totals 10,500 square feet on a 2.14-acre parcel.

Key Highlights

  • Rite Aid anchored strip center in Altoona, PA on East Pleasant Valley Boulevard.
  • Rite Aid has 6+ years remaining on its initial 10‑year NNN lease, with two 5‑year renewal options.
  • 10,500 SF building on a 2.14‑acre parcel with block‑on‑block construction.

Property Analytics

Current Use

Rite Aid Pharmacy Coinhub Bitcoin ATM ... Atm Western Union Bank higi Physician LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Kitchen & Bath Showroom Parking Lot & Garage Storage Facility

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

6,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby
297k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 35% Groceries 5% Electronics 2%
McDonald's Dining
43,086 visits/mo 0.4 miles
Sheetz Shops & Services
40,571 visits/mo 0.4 miles
Dollar Tree Shops & Services
32,860 visits/mo 0.2 miles
Olive Garden Dining
31,587 visits/mo 0.1 miles
Wendy's Dining
19,600 visits/mo 0.4 miles

Demographics for 16601, PA

32,764
Population
14,992
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
93%
High-School Grad
84.8 sq mi
ZIP Area
386
Density / Sq Mi
$55,504
Median Household Income
$35,737
Median Earnings
$790
Median Rent
$138,900
Median Home Value

Market

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 - Rite Aid anchored strip center with block-on-block construction and separate Rite Aid and Subway drive-thru windows.
Where is this shopping center located?
The property is located at 3106 East Pleasant Valley Blvd Altoona, PA.
What are key features of this property?
This property features: Rite Aid anchored strip center in Altoona, PA on East Pleasant Valley Boulevard.; Rite Aid has 6+ years remaining on its initial 10‑year NNN lease, with two 5‑year renewal options.; 10,500 SF building on a 2.14‑acre parcel with block‑on‑block construction.
(484) 567-2340 Call to check price and availability
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