Five-Tenant Retail Strip
For Sale
Contact for pricing
Pending
212-218 Park Hills Plaza, Altoona, PA 16602
Fully occupied property with NNN leases, an end-cap drive-thru, and established food, service, and retail operators.
Property SizeContact for details
Days on Market143
Property Features for 212-218 Park Hills Plaza
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Traffic Count
28,800 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:11PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple retail strip property contains five occupied tenant spaces leased to Starbucks, Kay Jewelers, Lettuce Bowl Café, Sport Clips, and Sleep Number. The leases are NNN in nature, and the combined weighted average lease term remaining is 6.4 years. Starbucks occupies an end-cap position with a drive-thru lane. Site maintenance is handled under a declaration with the shopping center landlord, while tenant CAM reimbursements match the owner’s maintenance costs under that structure.
Located at 212-218 Park Hills Plaza near the signalized intersection of W. Plank Road, U.S. Highway 220, and Orchard Avenue in Altoona, the property benefits from visibility along W. Plank Road and combined traffic of 28,800 vehicles per day. It serves as an outparcel to Park Hills Plaza, a grocery-anchored center with more than 2.4 million annual visits and tenants including Weis Markets, Harbor Freight Tools, Dunham Sports, and Urban Air Adventure Park. The five-mile trade area includes more than 72,000 residents and 51,400 daytime employees.
Located at 212-218 Park Hills Plaza near the signalized intersection of W. Plank Road, U.S. Highway 220, and Orchard Avenue in Altoona, the property benefits from visibility along W. Plank Road and combined traffic of 28,800 vehicles per day. It serves as an outparcel to Park Hills Plaza, a grocery-anchored center with more than 2.4 million annual visits and tenants including Weis Markets, Harbor Freight Tools, Dunham Sports, and Urban Air Adventure Park. The five-mile trade area includes more than 72,000 residents and 51,400 daytime employees.
Key Highlights
- 100% occupied by Starbucks, Kay Jewelers, Lettuce Bowl Café, Sport Clips, and Sleep Number
- Five‑tenant retail property with 6.4 years of combined weighted average lease term remaining
- NNN lease structure with CAM reimbursements matching declared shopping center maintenance costs
Property Analytics
Property Profile
Current Use
Lease Details
28,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
613k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Apparel 22%
Shops & Services 19%
Groceries 11%
Hobby Lobby
Shops & Services
56,568 visits/mo
0.2 miles
JCPenney
Apparel
47,058 visits/mo
0.3 miles
Martin's Food Market
Groceries
46,174 visits/mo
0.3 miles
Gabe's
Shops & Services
39,553 visits/mo
0.2 miles
Cracker Barrel Old Country Store
Dining
25,136 visits/mo
0.3 miles
Demographics for 16602, PA
27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied property with NNN leases, an end-cap drive-thru, and established food, service, and retail operators.
Where is this strip mall located?
The property is located at 212-218 Park Hills Plaza Altoona, PA.
What are key features of this property?
This property features: 100% occupied by Starbucks, Kay Jewelers, Lettuce Bowl Café, Sport Clips, and Sleep Number; Five‑tenant retail property with 6.4 years of combined weighted average lease term remaining; NNN lease structure with CAM reimbursements matching declared shopping center maintenance costs
