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Retail Shopping Center Anchor Opportunity
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5580 Goods Ln, Altoona, PA 16602

Anchored retail center offering in-line and outparcel space, including a former Bon-Ton anchor availability.

Property Size785,000 SF
Days on Market352

Property Features for 5580 Goods Ln

General Information

Standard status Active
Size 785,000 SF
Property subtype RETAIL

Site & Location

Traffic Count 10,616 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: J.C. BAR Properties, Inc.
Listed By: Greg Jones · License #2293073
Source: Moodyscre
Added: Sep 26, 2025 Changed: Sep 5 Last Checked: Sep 12 at 11:36AM

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 J.C. BAR Properties, Inc.

Investment Insights

Based on property information with market context.

This for-sale retail shopping center includes a premiere anchor opportunity in a former Bon-Ton space, alongside additional in-line and outparcel availabilities. The center’s gross leasable area is listed at approximately 785,000 square feet, supporting a mix of retail configurations.

The property is situated along Goods Lane and Interstate 99, with roadway exposure noted at 10,616 AADT on Goods Lane and 36,821 AADT on I-99. The surrounding area is supported by nearby regional demand, including Penn State Altoona and UPMC Altoona. The remarks also cite annual visits of 1.4 million and 120,000 college students within 40 miles.

The combination of an available anchor and multiple leasing formats makes this a strong consideration for retailers and investors looking for a larger-format footprint within an established center setting.

Key Highlights

  • GLA: approximately 785,000 SF anchored retail center with in‑line and outparcel availability
  • Former Bon‑Ton anchor opportunity available
  • Goods Lane with 10,616 AADT

Property Analytics

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Current Use

WJAC TV Computer & Electronic Repair Buckle Clothing Store Zumiez Clothing & Fashion Store Claire's Tattoo & Piercing Shop Hot Topic Clothing Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center HVAC Service Auto Parts Store

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

10,616 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby
606k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Apparel 22% Shops & Services 19% Groceries 11%
Hobby Lobby Shops & Services
56,568 visits/mo 0.4 miles
JCPenney Apparel
47,058 visits/mo 0.2 miles
Martin's Food Market Groceries
46,174 visits/mo 0.4 miles
Gabe's Shops & Services
39,553 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
25,136 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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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Frequently Asked Questions

What type of property is this?
Shopping center - Anchored retail center offering in-line and outparcel space, including a former Bon-Ton anchor availability.
Where is this shopping center located?
The property is located at 5580 Goods Ln Altoona, PA.
What are key features of this property?
This property features: GLA: approximately 785,000 SF anchored retail center with in‑line and outparcel availability; Former Bon‑Ton anchor opportunity available; Goods Lane with 10,616 AADT
(484) 948-5217 Call to check price and availability
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