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213 Union Ave
Altoona, PA 16602

$1,604,053 USD

Freestanding For Sale  •  14,598 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 16,983 SF
  • Lot Size 1.06 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 7.50 %
  • Tenancy Multiple
50 Walk Score

Highlights

Corporately guaranteed NAPA Auto Parts backed by investment-grade Genuine Parts Company (NYSE: GPC).
Over 25 years of operating history with multiple lease extensions and a 2018 expansion.
Prime location off I-99 in Altoona’s dominant retail corridor surrounded by major national retailers.
Passive NN lease through June 2031 with minimal landlord responsibilities and one renewal option.
Strong visibility and traffic counts with 75,000+ residents nearby and solid local incomes.
Close to major economic drivers including Penn State Altoona, VA Medical Center, and within 40 miles of Penn State’s main campus.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
NAPA Auto Parts 6/30/2031

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Altoona Amtrak Station (Pennsylvanian - Amtrak) 4 min - 2.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.