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Property profile & analytics
OFF-MARKET
Shopping malls

275 Park Hills Plz Altoona, PA 16602

258,819 SF
Property ID
Property summary
AI-generated overview

Park Hills Plaza, a thriving 258,819-square-foot retail center in Altoona, Pennsylvania, presents a prime leasing opportunity. This strategically located property boasts a strong anchor tenant, Weis Markets, ensuring consistent foot traffic. The center enjoys a highly visible position along the main retail corridor, easily accessible via multiple entry points on Plank Road and Orchard Avenue. The property's diverse tenant mix includes established national and regional brands such as Harbor Freight, Aaron's, and Goodwill, creating a synergistic shopping environment. Beyond the main center, Park Hills Plaza features desirable outparcels occupied by well-known businesses like Red Robin, Denny's, and Mattress Firm, further enhancing the property's appeal and drawing power. Currently, a single retail space of 2,400 square feet is available, presenting an excellent chance for businesses seeking high visibility and a strong customer base in a well-established shopping destination within Blair County. The property's size and tenant mix offer a compelling investment opportunity for businesses looking to establish or expand their presence in a thriving Altoona retail market. This space is ideal for a variety of retail uses.

Property profile
Verified
Property type Shopping malls
Total area 258,819 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
  • Weis Markets Grocery & Convenience Store Food Market
  • Coinhub Bitcoin ATM Teller Atm
  • Weis Markets Pharmacy Pharmacy
  • Coinstar Bank Credit Union
  • Weis Markets Bakery Grocery & Convenience Store Food Market
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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