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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

448 College Ave State College, PA 16801

324,602 SF 0.88 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 324,602 SF
Lot 0.88 ac (38,333 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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