Retail Space in Orchard
For Lease
Contact for pricing
3283 W College Ave, State College, PA 16801
Retail space for lease near Penn State University.
Space Size9,052 SF
Property Size20,000 SF
Days on Market750
Property Features for 3283 W College Ave
General Information
Standard status
Active
Size
9,052 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
20,000 SF
Tenancy
Multiple
Spaces For Lease
at 3283 W College Ave Contact us- Size
- 9,052 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space 1
Listing Agency:
Bennett Williams Commercial
(717) 843-5555
Listed By:
Chad Stine · License #PA RS223285L
Source:
Crexi
Added: Aug 13, 2024
Changed: Aug 31
Last Checked: Sep 1 at 6:25AM
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
Investment Insights
Based on property information with market context.
Up to 9,052 square feet of retail space is available for lease at Orchard Square, situated on West College Avenue, which experiences 11,000 vehicles per day, and Whitehall Road, in the growing West End of State College. The location is approximately 2 miles from Penn State University's main campus and benefits from the proximity of numerous apartments and student housing complexes. Orchard Square includes a Sheetz Convenience Store and Dollar General. The property is attached to a national retailer and provides quick access to North and South Atherton Street, which sees 21,000 vehicles per day. The location is suitable for retail, service, or office-related tenants. Nearby retailers include Sheetz, Dunkin’, Weis Markets, Ollie’s, Starbucks, and McDonald’s, creating an opportunity for tenants looking to enter the State College market.
Key Highlights
- High Traffic Location: Located on West College Ave (11,000 VPD) with quick access to North and South Atherton Street (21,000 VPD).
- Proximity to Penn State University: Just 2 miles from the main campus.
- Surrounded by Student Housing: Dozens of apartments and student housing complexes are in close proximity.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
48k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sheetz
Shops & Services
31,097 visits/mo
0.1 miles
Dollar General
Shops & Services
6,315 visits/mo
0.0 miles
Uni-Mart
Shops & Services
5,569 visits/mo
0.2 miles
Exxon
Shops & Services
3,979 visits/mo
0.2 miles
Valvoline Instant Oil Change
Shops & Services
968 visits/mo
0.2 miles
Demographics for 16801, PA
42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value
Market
Lease Benchmarks for State College, PA
$22.5 /SF/Yr
Avg Asking Price
$15–$30 /SF/Yr
Price Range
7,256 SF
Avg Space Size
This space is priced 11% above the average of $22.5 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease near Penn State University.
Where is this retail space located?
The property is located at 3283 W College Ave 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: Located on West College Ave (11,000 VPD) with quick access to North and South Atherton Street (21,000 VPD).; Proximity to Penn State University: Just 2 miles from the main campus.; Surrounded by Student Housing: Dozens of apartments and student housing complexes are in close proximity.
