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    Colonnade At State College State College, PA 16803

    For Lease
    Contact for pricing

    Prime Retail Space Available Now

    Lot size:
    68,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Colonnade at State College offers an exceptional opportunity for businesses seeking retail space in a vibrant Pennsylvania location. This Centre County property boasts a total of 68,000 square feet of commercial space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 5,000 square feet to a maximum contiguous space of 68,000 square feet, providing flexibility for businesses of various sizes. The property is ideally situated in State College, PA, zip code 16803, offering high visibility and accessibility to a significant customer base. This is a rare chance to secure a substantial, entirely vacant retail space in a thriving market. The building's size and layout provide ample opportunity for customization to suit individual tenant needs. With its prime location and significant square footage, this property presents a unique investment opportunity for businesses looking to establish or expand their presence in State College. The property is classified as retail commercial space and is ready for immediate occupancy. Contact us today to learn more about leasing options and explore the possibilities for your business at this exceptional location.

    Property Features for 0 Colonnade At State College

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,000 SF

    Unit(s) available at that property

    Space
    Unit B
    Size
    15,383 SF
    Space
    Unit 2A
    Size
    10,000 SF
    Space
    Suite 1
    Size
    20,000 SF
    Space
    Unit C
    Size
    23,250 SF

    HighLights

    • Dominant retail center in the Penn State/State College market.
    • Anchored by Wegmans, Target, and Kohl's, plus strong lifestyle retailers.
    • Up to 68,000 SF of approved expansion space.
    • Exceptional opportunity in a highly competitive market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.9078131
    Latitude
    40.8119899

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available Now
    Where is this retail property located?
    The property is located at Colonnade At State College State College, PA.
    What are key features of this property?
    This property features: Dominant retail center in the Penn State/State College market.; Anchored by Wegmans, Target, and Kohl's, plus strong lifestyle retailers.; Up to 68,000 SF of approved expansion space.
    Request Owner's contact information
    Colonnade At State College State College, PA 16803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Colonnade At State College State College, PA 16803
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