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Large Format Retail Space
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325 Colonnade Blvd, State College, PA 16803

New construction retail space within a Penn State University trade area, offering flexible configurations for large anchor boxes.

Space Size20,000 SF
Days on Market582

Property Features for 325 Colonnade Blvd

General Information

Standard status Active
Size 20,000 SF
Property subtype RETAIL

Spaces For Lease

at 325 Colonnade Blvd
Colonnade Blvd AVAILABLE, Completion
Floor 1
Size 20,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Dominant center in the Penn State University / State College trade area - 100,000 people in a 15-minute drive time - Rare opportunity in high barrier to entry market - Rare large format new construction space available - Flexible configurations for large anchor boxes
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Listing Agency: Metro Commercial - PA
Listed By: Joe Dougherty
Source: Moodyscre
Added: Mar 26, 2025 Changed: Oct 25 Last Checked: Oct 26 at 7:03PM

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 Metro Commercial - PA

Rey
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Investment Insights

Based on property information with market context.

This offering presents a new construction large format retail space within a dominant shopping center serving the Penn State University / State College trade area. The space is available with flexible configurations intended to support large anchor boxes, making it suitable for tenants seeking size and layout flexibility within a center environment.

The trade area is supported by an estimated 100,000 people within a 15-minute drive time. The property is located at 325 Colonnade Blvd in State College, Pennsylvania.

Key Highlights

  • New construction retail space in the Penn State University / State College trade area
  • 100,000 people within a 15‑minute drive time
  • Flexible configurations for large anchor boxes

Property Analytics

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Open Analytics

Current Use

DICK'S Sporting Goods (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Big Box & Wholesale Store Electrical 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
949k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 29% Superstores 25% Groceries 16% Shops & Services 14%
Walmart Superstores
120,865 visits/mo 0.5 miles
Target Superstores
113,849 visits/mo 0.1 miles
Wegmans Groceries
86,324 visits/mo 0.2 miles
Chick-fil-A Dining
72,840 visits/mo 0.3 miles
Sheetz Shops & Services
62,282 visits/mo 0.3 miles

Demographics for 16803, PA

24,751
Population
12,155
Households
2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
23.0 sq mi
ZIP Area
1,076
Density / Sq Mi
$71,993
Median Household Income
$35,405
Median Earnings
$1,363
Median Rent
$395,800
Median Home Value
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Market

Lease Benchmarks for State College, PA

$20 /SF/Yr
Avg Asking Price
$15–$25 /SF/Yr
Price Range
11,182 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

Similar Off Market Nearby

  • Village Square — 18-012-,175-,0000, 1688 N Atherton St, State College, PA 16803
  • Colonnade at State College — N Atherton St, State College, PA 16803

Frequently Asked Questions

What type of property is this?
Shopping center - New construction retail space within a Penn State University trade area, offering flexible configurations for large anchor boxes.
Where is this shopping center located?
The property is located at 325 Colonnade Blvd State College, PA.
What are key features of this property?
This property features: New construction retail space in the Penn State University / State College trade area; 100,000 people within a 15‑minute drive time; Flexible configurations for large anchor boxes
(610) 580-7663 Call to check price and availability
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