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

New construction retail space with flexible configurations suited for large anchor-style layouts.

Space Size15,383 SF
Days on Market536

Property Features for 325 Colonnade Blvd

General Information

Standard status Active
Size 15,383 SF
Property subtype RETAIL

Spaces For Lease

at 325 Colonnade Blvd Contact us

Colonnade Blvd

Floor
1
Size
15,383 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Dominant center in the Penn State University / State College trade area - 100,000...
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Listing Agency: Metro Commercial - PA
Listed By: Joe Dougherty
Source: Moodyscre
Added: Mar 26, 2025 Changed: Sep 10 Last Checked: Sep 12 at 6:35AM

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

Investment Insights

Based on property information with market context.

This offering presents a rare opportunity for a large format retail space in a dominant shopping center within the Penn State University / State College trade area. The space is described as new construction and is available with flexible configurations designed to accommodate large anchor boxes.

The center serves a sizable surrounding population, with 100,000 people cited within a 15-minute drive time. Suitable for tenants seeking a high-barrier-to-entry location and a larger-format footprint, the layout is intended to support anchor-type retail operations.

For those planning a larger retail presence, this space is positioned for flexible buildout to match anchor box requirements while fitting within the broader center environment.

Key Highlights

  • New construction retail space with flexible configurations for large anchor‑style layouts
  • Dominant center in the Penn State University / State College trade area
  • 100,000 people within a 15‑minute drive time

Property Analytics

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

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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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 with flexible configurations suited for large anchor-style layouts.
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 with flexible configurations for large anchor‑style layouts; Dominant center in the Penn State University / State College trade area; 100,000 people within a 15‑minute drive time
(610) 580-7663 Call to check price and availability
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