2901 E College Ave State College, PA 16801
For Lease
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This exceptional retail opportunity presents itself at the Nittany Mall, a prominent shopping center located at 2901 E College Ave in State College, Pennsylvania, 16801. The mall boasts a total of 533,000 square feet of retail space, offering a diverse range of tenancy options. Currently, there are multiple spaces available for lease, with a minimum divisible space of 595 square feet and a maximum contiguous space of 6,000 square feet. A significant amount of vacant space, totaling 74,092 square feet, presents a unique chance for businesses to establish or expand their presence within this thriving Centre County location. The property is ideally situated to capture significant foot traffic and offers excellent visibility. The flexible space options cater to a variety of retail needs, from smaller boutiques to larger retail establishments. This prime location in State College provides access to a robust consumer base and a strong local economy. The opportunity to lease space within the Nittany Mall represents a compelling investment in a well-established and successful retail environment. Interested parties should inquire about the available space and lease terms. The property is categorized as a shopping mall and is available for lease. The total building size is 533,000 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.