448 College Ave State College, PA 16801
This exceptional 12-story, LEED-certified building at 448 E College Ave in State College, PA, offers a unique opportunity for retail and office tenants. Completed in 2024, this mixed-use development boasts 324,602 square feet of space, including 27,484 square feet currently vacant. The building features multiple suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 13,607 square feet. Located on a 0.88-acre lot, the property provides 172 parking spaces for tenants and visitors. The building's prime location on East College Avenue ensures high visibility and accessibility. Ground-level retail spaces are situated adjacent to a 453-bed student residence, creating a vibrant and high-traffic environment. Amenities include spectacular residential amenity areas and a rooftop terrace with a pool, hot tubs, and a green roof. This is an ideal location for businesses seeking to capitalize on the thriving State College market. The property is situated in Centre County and offers a modern, efficient workspace within a dynamic mixed-use development. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.