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Multi-Suite Office Property
For Lease
$16 SF/Yr

301 SCIENCE PARK ROAD, State College, PA 16803

Five available suites provide varied office footprints under a gross lease structure.

Space Size378 SF - 1,233 SF
Property Size104,788 SF
Days on Market11

Property Features for 301 SCIENCE PARK ROAD

General Information

Standard status Active
Size 378 SF - 1,233 SF
Net Rentable 378 SF
Class A
Property subtype Office
Lease Type Gross

Space & Availability

Available Space 378-1,233 SF
Contiguous Space 1,233 SF
Space Use Office

Amenities

on-site parking

Building Details

Building Size 104,788 SF
Year Built 1958
Construction mid-century modern
Listing Agency: Continental Real Estate Management
Listed By: David Fonash · License #RS329103
Source: Nelsonrealtypa
Added: Sep 22 Changed: Sep 26 Last Checked: Oct 1 at 5:54PM

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 Continental Real Estate Management

Investment Insights

Based on property information with market context.

Five office suites are available at this property, ranging from 378 SF to 1,232.79 SF. The complex was built in 1958 and retains mid-century modern architectural character. The available spaces are Suite 223 at 378 SF, Suite 109 at 424.25 SF, Suite 113 at 1,232.79 SF, Suite 119 at 427 SF, and Suite 126 at 1,111.5 SF.

Located at 301 Science Park Road in State College, Pennsylvania, the property has more than 313 parking spaces across the complex. Leases use a gross structure.

Key Highlights

  • Five available office suites ranging from 378 SF to 1,232.79 SF
  • Suite 223: 378 SF; Suite 109: 424.25 SF; Suite 113: 1,232.79 SF
  • Suite 119: 427 SF; Suite 126: 1,111.5 SF

Property Analytics

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Open Analytics

Current Use

Ambulatory Surgery Center ... Medical Clinic Mindy M Thomas ... Accounting Firm KVF Associates Association Or Organization BHARP Charitable Organization

Suggested Use

Top Pick Restaurant Building Supply Law Firm Real Estate Agency Big Box & Wholesale Store Hair Salon

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

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
View Realmo Analytics

Market

Lease Benchmarks for State College, PA

$20.8 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
7,309 SF
Avg Space Size

This space is priced 23% below the average of $20.8 /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
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Frequently Asked Questions

What type of property is this?
Office units - Five available suites provide varied office footprints under a gross lease structure.
Where is this office units located?
The property is located at 301 SCIENCE PARK ROAD State College, PA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Five available office suites ranging from 378 SF to 1,232.79 SF; Suite 223: 378 SF; Suite 109: 424.25 SF; Suite 113: 1,232.79 SF; Suite 119: 427 SF; Suite 126: 1,111.5 SF
More about this property
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