Property summary
This exceptional 18,369 square foot retail property, located at 2268 E College Ave in State College, Pennsylvania, presents a unique investment opportunity. The single-story, Class B building was constructed in 1998 and sits on a sizable lot in Centre County. Currently, a portion of the building is occupied by a Pep Boys tire and auto repair operation under a long-term ground lease. A significant portion of the building, totaling 10,202 square feet, is currently vacant and available for… lease. The vacant space offers considerable flexibility for a variety of uses. Potential tenants could include medical facilities (dialysis or plasma centers), childcare centers, pet care facilities, discount retailers, furniture stores, hardware stores, or automotive-related businesses that do not directly compete with the existing Pep Boys operations (e.g., collision centers, auto glass repair, or specialized auto parts). The property's location in State College, PA, 16801, offers excellent visibility and accessibility. The landlord is open to negotiating cash allowances for suitable tenants, contingent upon a rent structure that ensures a fair return on investment. This property is an ideal opportunity for investors seeking a strong foothold in the thriving State College market. The existing tenant provides a stable income stream, while the substantial vacant space allows for significant upside potential through new lease agreements. The property's size and location make it an attractive option for a variety of businesses.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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