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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1910 Atherton St State College, PA 16803

11,312 SF 1.69 ac lot Built 2016
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents two buildings totaling 11,312 square feet situated on a 1.69-acre lot at 1910 N Atherton St, State College, PA 16803. Built in 2016, the property boasts a strong 6.59% cap rate and is offered at $7,400,000. The property features a multi-tenant configuration with high-profile tenants including FedEx and Qdoba. Building A houses FedEx and another tenant, while Building B is occupied by Mattress Firm and Qdoba. The property benefits from a high-traffic location, experiencing an average daily traffic count of 20,769 vehicles. This is a NNN lease, meaning the tenants are responsible for most operating expenses, with the landlord responsible for roof, structure, and parking lot maintenance. This presents a low-maintenance, high-return investment opportunity in a thriving Pennsylvania market. The property's prime location and strong tenant mix make it an attractive investment for discerning buyers seeking stable income and long-term growth potential. The combined square footage of 11,312 provides ample space for current and future tenants. This is a turnkey investment ready for immediate income generation.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2016
Total area 11,312 SF
Lot 1.69 ac (73,616 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
Current use
Occupant on record · Public records
  • Matress FIRM Bicycle rack Bicycle Rack
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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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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