State College, PA Shopping Centers for Lease
- Bellefonte, PA
- Milroy, PA
- Reedsville, PA
- Burnham, PA
- Lewistown, PA
- Philipsburg, PA
- Huntingdon, PA
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in State College, PA
State College, PA Shopping centers Lease Rates & Market Statistics
Explore 12 Shopping centers for lease in State College, PA on Realmo, a commercial real estate exchange covering the State College area. The current inventory totals 122,998 square feet of properties — an average of ~10,250 SF per listing.
Asking lease rates for Shopping centers in State College start at $15 SF/Yr, average $21 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $21 SF/Yr, the local average runs 22% above Pennsylvania's state average of $17.26 SF/Yr.
State College accounts for 75% of the 16 shopping centers currently available across Centre County, where a nearby market includes Philipsburg. Shopping centers make up 38% of the 32 Retail properties & Spaces currently for lease in State College, with asking rates in line with the citywide Retail properties & Spaces average. Also worth a look for tenants weighing alternatives: Storefront properties (14 listings) elsewhere in the State College market.