418 Westerly Pkwy State College, PA 16801-5903
Invest in a thriving retail center at Westerly Parkway Plaza, a multi-tenant strip center boasting 246,838 square feet of space in Centre County. This prime location offers exceptional visibility from South Atherton Street, a major thoroughfare, placing your business within easy reach of a large customer base. The plaza benefits from ample parking, ensuring convenient access for shoppers. Strong national and local co-tenants, including Weis Market, Crunch Fitness, Domino's Pizza, and Toasted Bagel Café, create a vibrant and attractive retail environment. Multiple spaces are available, with a minimum divisible space of 1,147 square feet and a maximum contiguous space of 6,562 square feet. Currently, 20,651 square feet is vacant. Additionally, a ±1-acre outparcel is available for lease, ideal for a quick-service restaurant, bank, or small retailer. This outparcel presents an opportunity for redevelopment or retrofitting of an existing 1,975-square-foot building, available October 1, 2026. The plaza's strategic location, just one mile from Penn State University and within the State College Borough, ensures high foot traffic and visibility. Its proximity to State College Area High School and numerous high-end student housing complexes further enhances its appeal. This is a remarkable opportunity to establish or expand your business in a dynamic and densely populated area.
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
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