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    New Retail Plaza in State College Title is generated by Realmo AI

    250 Squirrel Dr, State College, PA 16801

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    New retail plaza near Penn State with flexible lease options.

    Type:Retail
    Property size:
    25,000 SF
    Added:
    May 23, 2024
    Days on Market:
    776
    Last Refresh:
    Jul 5 at 4:50 am

    Property Features for 250 Squirrel Dr

    General Information

    Standard status
    Active
    Size
    25,000 SF
    Property subtype
    Retail

    Spaces For Lease

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    Luke Higgins
    Luke Higgins

    Listing office Bennett Williams Commercial

    Listing date May 23, 2024

    Source Crexi

    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 Bennett Williams Commercial

    HighLights

    • High‑traffic location near Penn State University and Beaver Stadium, attracting students, residents, and tourists.
    • Flexible lease options from 1,100 sf to 25,000+ sf with dedicated outdoor patios.
    • Located in a new retail plaza with ample parking and views of Happy Valley, Beaver Stadium, and Penn State University.
    • Easy access to major routes (Rt 322, I‑99) and close proximity to downtown State College.
    • Spaces delivered as "warm shells" with finished concrete floors, demising walls, base lighting, sprinklers, and utilities stubbed in.
    • Strong local economy with Penn State University as a major employer.

    Overview

    This new retail plaza on Squirrel Drive in State College offers spaces suitable for restaurants or retail stores. The plaza is located near the 252-apartment Aspen State College development and provides views of Happy Valley, Beaver Stadium, the Bryce Jordan Center, and Penn State University. Situated just off College Avenue, the property is easily accessible to Route 322, approximately 1.02 miles from the University, and within walking distance of Beaver Stadium. Lease options range from 1,100 square feet to over 25,000 square feet, with dedicated outdoor patios available. Spaces are delivered as warm shells, featuring finished concrete floors, demising walls, a base lighting package, sprinklers, and stubbed-in utilities. Ample parking is available. Potential uses include brew pubs, tasting rooms, restaurants, health and wellness facilities, and boutiques. The property is positioned to be a central destination for locals and tourists, offering food, outdoor entertainment, and views of the Penn State skyline. Located above East College Avenue, the property sees over 22,000 vehicles per day and is 2 miles from I-99. State College has a population exceeding 41,000 residents, plus 47,000 Penn State students, and attracts millions of visitors annually. State College is a significant tourist attraction in Central Pennsylvania with 1.5 to 2 million annual visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Department Store Auto Repair Shop Food Market Daycare Center HVAC Service Cafe & Coffee Shop Restaurant Building Supply Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.83144
    Latitude
    40.807503

    FAQs

    What type of property is this?
    Retail space - New retail plaza near Penn State with flexible lease options.
    Where is this retail space located?
    The property is located at 250 Squirrel Dr State College, PA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High‑traffic location near Penn State University and Beaver Stadium, attracting students, residents, and tourists.; Flexible lease options from 1,100 sf to 25,000+ sf with dedicated outdoor patios.; Located in a new retail plaza with ample parking and views of Happy Valley, Beaver Stadium, and Penn State University.
    (717) 843-5555 Call to check price and availability
    More about this property
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