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    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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    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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