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Best Buy Plaza 1600-1650 N Atherton St

60,156 SF 100% Leased 4-Star Retail Building State College, PA 16803 For Sale

Investment Highlights

  • 100% leased investment
  • Traffic count of 36,500 cars per day
  • Call for offers, due by October 17th
  • Located in what is considered ‘main and main’ of retail in State College, PA
  • 284 surface spaces on 5.24 total acres

Executive Summary

Call for offers due by October 17th. Cushman & Wakefield is pleased to present North Atherton Shoppes, 1614-1668 N Atherton Street (the “Property”), a 60,156 SF retail plaza located in supply constrained State College, PA, home of Penn State University (Main Campus). The property is an 100% leased investment and features national tenants Best Buy, Staples and Sherwin Williams. It is also home to the region’s largest health system, Geisinger, who operates an urgent care clinic. Please visit https://platform.reverecre.com/project/77adc4dc-3972-4faa-b237-c2de402620e5 for more information.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
60,156 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
5.24 AC
Parking
284 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
242 ft on Martin St St

Amenities

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • -
  • -

At Best Buy, their purpose is to enrich lives through technology. They do that by leveraging their unique combination of tech expertise and human touch to meet their customers’ everyday needs, whether they come to them online, visit their stores or invite them into their homes. Best Buy’s Purpose and Values define and inspire their Code of Ethics. They strive to be at their best. Every decision. Every day. For more years, Best Buy has been a purposeful, values-driven, human organization. They are dedicated to serving their customers, employees, vendors, shareholders and the communities in which they operate. And they know that each of their stakeholders expects that they operate in an entirely ethical manner. At Best Buy, they do well by doing good. In every decision, every day.

  • Geisinger Health
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • -
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their thousands of employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of more than many company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.

  • Retailer
  • 99,999 SF
  • -
  • -
  • -

For over 35 years, Staples has been the industry leader in workspace products like furniture, technology, cleaning products, and traditional office supplies. They have thousands of experts ready to help their customers navigate, thrive and succeed in the ever-changing world of work. SBA is built for business. A free account on SBA gives you unparalleled access to category and industry experts, the ability to add unlimited users at no cost, spend & budget controls, and everyday low prices. Staples.com allows any customer to find top-quality products through an effortless site experience. Staples.com is designed for small businesses or individuals who value great deals and a curated assortment. With approximately 1,000 stores nationwide, they help America work and learn better. Staples provides innovative printing, shipping, travel, technology and recycling services to their community of small businesses and consumers.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF - - -
Geisinger Health Health Care and Social Assistance 99,999 SF - - -
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Retailer 99,999 SF - - -
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Red Lobster
Truist
Weis Markets
PNC Bank
Hoss's Steak & Sea House
First Commonwealth Bank
Northwest Bank
GIANT
Citizens Bank
Fulton Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-010-015-0000
Land Assessment
$537,258 CAD
Improvements Assessment
$2,535,646 CAD
Total Assessment
$3,072,904 CAD
  • Listing ID: 29337400

  • Date on Market: 2023-08-22

  • Last Updated:

  • Address: 1600-1650 N Atherton St, State College, PA 16803

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