Retail and Restaurant Space
For Lease
Contact for pricing
338 West College Avenue, State College, PA
Ground floor retail and restaurant space near Penn State.
Space Size3,311 SF - 4,918 SF
Lot Size0.08 Acres
Days on Market369
Property Features for 338 West College Avenue
General Information
Standard status
Active
Size
3,311 SF - 4,918 SF
Lot size
0.08 Acres
Property subtype
RETAIL
Spaces For Lease
at 338 West College Avenue Contact us338 W College Ave AVAILABLE, Now
Floor
1
Size
3,311 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- ±11,473 SF ground floor retail and restaurant opportunities in a 1,000 bed student housing development
- Fantastic visibility at the highest vehicular intersection in downtown State College
- Walking distance to Penn State’s main campus, best in class retail tenants, and other off campus student housing
- At the doorstep of Penn State University, the largest employer in the area with over 40,000 employees and 45,000 students, who combined account for over $500M in annual spending
- New construction; Delivering September 2021
Contact us 338 W College Ave AVAILABLE, Now
Floor
1
Size
4,400 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- ±11,473 SF ground floor retail and restaurant opportunities in a 1,000 bed student housing development
- Fantastic visibility at the highest vehicular intersection in downtown State College
- Walking distance to Penn State’s main campus, best in class retail tenants, and other off campus student housing
- At the doorstep of Penn State University, the largest employer in the area with over 40,000 employees and 45,000 students, who combined account for over $500M in annual spending
- New construction; Delivering September 2021
Contact us 338 W College Ave AVAILABLE, Now
Floor
1
Size
4,918 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- ±11,473 SF ground floor retail and restaurant opportunities in a 1,000 bed student housing development
- Fantastic visibility at the highest vehicular intersection in downtown State College
- Walking distance to Penn State’s main campus, best in class retail tenants, and other off campus student housing
- At the doorstep of Penn State University, the largest employer in the area with over 40,000 employees and 45,000 students, who combined account for over $500M in annual spending
- New construction; Delivering September 2021
Contact us
Listing Agency:
MSC Retail - Philadelphia
(215) 568-2600
Listed By:
Matthew Stein
(215) 883-7407
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Oct 25
Last Checked: Oct 30 at 6:13PM
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 MSC Retail - Philadelphia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers approximately 11,473 square feet of ground floor retail and restaurant space within a 1,000-bed student housing development. The location provides visibility at a high-traffic intersection in downtown State College, within walking distance of Penn State's main campus, retail tenants, and off-campus student housing. Situated near Penn State University, the area's largest employer with over 40,000 employees and 45,000 students, the property benefits from significant annual spending in the area. The property is new construction and was expected to be delivered in September 2021.
Key Highlights
- Located at the highest vehicular intersection in downtown State College, providing fantastic visibility.
- At the doorstep of Penn State University, a major economic driver with 40,000 employees and 45,000 students.
- Benefits from $500M in annual spending by Penn State employees and students.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,233
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 17%
Groceries 7%
Beauty & Spa 4%
Panera Bread
Dining
15,725 visits/mo
0.5 miles
Starbucks
Dining
13,701 visits/mo
0.1 miles
Panera Bread
Dining
9,309 visits/mo
0.2 miles
Primanti Bros.
Dining
9,195 visits/mo
0.5 miles
Sunoco
Shops & Services
7,976 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for State College, PA
$22.13 /SF/Yr
Avg Asking Price
$15–$40 /SF/Yr
Price Range
7,636 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Ground floor retail and restaurant space near Penn State.
Where is this retail space located?
The property is located at 338 West College Avenue State College, PA.
What are key features of this property?
This property features: Located at the highest vehicular intersection in downtown State College, providing fantastic visibility.; At the doorstep of Penn State University, a major economic driver with 40,000 employees and 45,000 students.; Benefits from $500M in annual spending by Penn State employees and students.
