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    OFF-MARKET
    Retail properties & Spaces

    0 Atherton St. & Vairo Blvd, State College, PA 16803

    261,891 SF
    Property ID
    Property summary
    AI-generated overview

    North Atherton Place offers exceptional retail space in State College, PA. This established shopping center boasts a total of 261,891 square feet and features three suites, with 5,200 square feet currently vacant. The available space is divisible, offering units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet. The center enjoys a highly desirable location at the intersection of N. Atherton Street and Vairo Boulevard, in Centre County (zip code 16803). Its strategic placement less than one mile from Penn State University's main campus provides unparalleled access to a large and diverse customer base, including students and the surrounding community. The center's strong anchor tenant, a 202,634 square foot Walmart Supercenter, further enhances its appeal and draws significant foot traffic. The property's adjacency to several student housing complexes adds to its already robust customer demographic. This presents a unique opportunity for businesses seeking high visibility and a thriving market in a well-established shopping center. The property is ideal for a variety of retail uses, benefiting from its convenient location and strong anchor tenant. Interested parties should inquire about lease terms and availability.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 261,891 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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