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    418 Westerly Pkwy State College, PA 16801
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    Property profile & analytics

    418 Westerly Pkwy State College, PA 16801


    • Turn key restaurants
    • 2.95 lot acres
    Prime Outparcel at Westerly Parkway For Lease
    $11,800,000
    1,975 SF

    Prime Outparcel at Westerly Parkway

    Highly visible 1-acre outparcel ideal for restaurant or retail.

    418 Westerly Pkwy, State College, PA 16801
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    Property ID
    US73-3616656
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 418 Westerly Pkwy

    Lot size
    2.95 lot acres
    Property type
    Turn key restaurants
    APN
    36-021-,034-,0000-
    APU
    360210340000

    Description

    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.


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    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.852
    Latitude
    40.7837
    CBSA code
    44300
    CBSA name
    STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $40,889
    $321,255
    $233,145
    $554,400
    -
    $642,510
    $466,290
    $1,108,800
    View Listing
    More about this property
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