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141 S Spring St
Bellefonte, PA 16823

$539,000 USD

Freestanding For Sale  •  10,051 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,051 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 7.80 %
  • Tenancy Single
40 Walk Score

Highlights

Modified NNN Lease: Tenant reimburses the landlord for taxes, insurance, and CAM;
Newly Replaced HVAC: Two new compressors and filters were installed in 2025
New Concrete Sidewalk: Replaced in 2026
Brick Building: 10,051 SF building originally delivered in 1999
Lease Term: Lease extends through June 30, 2031, with six 5-year renewal options remaining
12 miles northeast of Penn State University
Cap Rate: 7.80 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General

Public Transportation

AirportDriveWalkDistance
State College Regional 16 min - 7.2 mi
Davis Johnson 972-636-5715 Matthews Real Estate Investment Services
Davis Johnson 972-636-5715 Matthews Real Estate Investment Services