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    275 Park Hills Plz Altoona, PA 16602

    For Lease
    Contact for pricing

    Weis-anchored retail center; 2,400 sq ft available.

    Lot size:
    258,819 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Park Hills Plaza, a thriving 258,819-square-foot retail center in Altoona, Pennsylvania, presents a prime leasing opportunity. This strategically located property boasts a strong anchor tenant, Weis Markets, ensuring consistent foot traffic. The center enjoys a highly visible position along the main retail corridor, easily accessible via multiple entry points on Plank Road and Orchard Avenue. The property's diverse tenant mix includes established national and regional brands such as Harbor Freight, Aaron's, and Goodwill, creating a synergistic shopping environment. Beyond the main center, Park Hills Plaza features desirable outparcels occupied by well-known businesses like Red Robin, Denny's, and Mattress Firm, further enhancing the property's appeal and drawing power. Currently, a single retail space of 2,400 square feet is available, presenting an excellent chance for businesses seeking high visibility and a strong customer base in a well-established shopping destination within Blair County. The property's size and tenant mix offer a compelling investment opportunity for businesses looking to establish or expand their presence in a thriving Altoona retail market. This space is ideal for a variety of retail uses.

    Property Features for 275 Park Hills Plz

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    258,819 SF

    Unit(s) available at that property

    Space
    D2
    Size
    2,400 SF

    HighLights

    • 258,819 square foot retail center in Altoona, PA.
    • Weis‑anchored shopping center with multiple tenants.
    • One 2,400 square foot retail space available.
    • Located on Plank Road and Orchard Avenue, a main retail corridor.
    • Strong co‑tenancy including Harbor Freight, Aaron's, and Goodwill.
    • Includes outparcels occupied by Red Robin, Denny's, and Mattress Firm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weis Markets Grocery Store Coinhub Bitcoin ATM ... Atm Weis Markets Pharmacy Pharmacy Coinstar Money Transfer Service Weis Markets Bakery Grocery Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Altoona
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.4053737
    Latitude
    40.4717647

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    FAQs

    What type of property is this?
    Shopping mall - Weis-anchored retail center; 2,400 sq ft available.
    Where is this shopping mall located?
    The property is located at 275 Park Hills Plz Altoona, PA.
    What are key features of this property?
    This property features: 258,819 square foot retail center in Altoona, PA.; Weis-anchored shopping center with multiple tenants.; One 2,400 square foot retail space available.
    Request Owner's contact information
    275 Park Hills Plz Altoona, PA 16602
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    Altoona, PA 16602
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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
    275 Park Hills Plz Altoona, PA 16602
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