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    255 Northland Ctr State College, PA 16803

    Sponsored
    For Lease
    Contact for pricing

    Prime State College Retail, Two Spaces Available

    Lot size:
    111,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Northland Center, a thriving 111,500-square-foot retail center in State College, Pennsylvania, presents an exceptional investment opportunity. This multi-tenant property, situated on a 17.72-acre lot at 255 Northland Center, 16803, boasts a strong tenant mix including national brands like Giant, Pet Supplies Plus, and Edward Jones, alongside local favorites and Sweet Frog. Two retail spaces are currently available, ranging from 1,600 to 2,000 square feet, ideal for a variety of businesses. The center's strategic location along North Atherton Street ensures high visibility and significant foot traffic. The property is a Net-Net-Net (NNN) lease with a rate of $3.81 per square foot. This grocery-anchored center offers a compelling combination of established tenants, high traffic volume, and excellent visibility, making it an attractive proposition for discerning investors seeking a strong return on investment in a vibrant Pennsylvania market. The property is classified as a strip center, retail pad, and ground lease, offering flexibility for potential tenants. Pima County location.

    Property Features for 255 Northland Ctr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,500 SF

    Unit(s) available at that property

    Space
    Pad
    Size
    2,000 SF
    Space
    Suite 14
    Size
    1,600 SF

    HighLights

    • 111,500‑square‑foot retail center in State College, PA.
    • Multi‑tenant property on a 17.72‑acre lot at 255 Northland Center, 16803.
    • Strong tenant mix including Giant, Pet Supplies Plus, and Edward Jones.
    • Two available retail spaces (1,600‑2,000 sq ft).
    • High visibility location on North Atherton Street.
    • NNN lease at $3.81/sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Western Union Money Transfer Service GIANT Grocery Store schlow centre region ... Library

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Pima
    State
    Pennsylvania
    Longitude
    -77.8870139
    Latitude
    40.8026797

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    FAQs

    What type of property is this?
    Neighborhood center - Prime State College Retail, Two Spaces Available
    Where is this neighborhood center located?
    The property is located at 255 Northland Ctr State College, PA.
    What are key features of this property?
    This property features: 111,500-square-foot retail center in State College, PA.; Multi-tenant property on a 17.72-acre lot at 255 Northland Center, 16803.; Strong tenant mix including Giant, Pet Supplies Plus, and Edward Jones.
    Request Owner's contact information
    255 Northland Ctr State College, PA 16803
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    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
    255 Northland Ctr State College, PA 16803
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