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3283 W College Ave
State College, PA 16801

$3,905,007 USD

Storefront Retail Office For Sale  •  20,000 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 19,776 SF
  • Lot Size 3.69 AC
  • Year Built 2023
  • Cap Rate 6.75 %
  • Tenancy Multiple
0 Transit Score
32 Walk Score

Highlights

Prime State College location in “Happy Valley,” near Penn State’s main campus and positioned along West College Avenue.
Orchard Square is a Dollar General–anchored retail strip with value-add upside through 9,052 SF of vacant space.
Dollar General lease is corporately guaranteed by investment-grade Dolgencorp (NYSE: DG).
Modern 2021 construction with strong visibility and shared access with a new Sheetz at a signalized intersection.
Adjacent to new 36-unit luxury housing and near major auto dealerships, creating a strong built-in customer base.
Dense and affluent submarket with 92,000+ residents nearby and strong regional draw from Penn State and major event venues.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 10,724 SF 12/31/2032

Amenities

  • Signage
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
State College Regional 21 min - 9.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 111
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.