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Trader Joe's Plaza 201-293 Patriot Ln
2,500 SF of Industrial Space Available in State College, PA 16803
Highlights
- Traffic count of 30,000+ per day.
- Located in North Atherton’s shopping district.
- Co-Tenants: Trader Joe's, Moe's, Ulta, Old Navy and many other national franchises.
- Centrally located to residential subdivisions, restaurants, and shops.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - Storage | 2,500 SF | Negotiable | $14.06 CAD/SF/YR $1.17 CAD/SF/MO $151.38 CAD/m²/YR $12.62 CAD/m²/MO $2,930 CAD/MO $35,160 CAD/YR | Modified Gross |
1st Floor - Storage
-New Construction: Finish space to suit your needs -National Brand Co-Tenants: Trader Joe's, Gap, Old Navy, Ulta, Pier One Imports, Mens' Warehouse -Surrounding Anchors: Wegman's, Target, Kohl's, Dick's Sporting Goods, Wal-Mart Super Center, & More.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Highly Desirable End Cap Space
- Traffic counts of 40,000 on N Atherton a day.
- Proximity to the new interstate, I-99.
- Population of 20,000 in this trade area.
- Prime visibility from street & many other stores.
- 4. Household income of $65,000 in this area.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Trader Joe's Plaza
- Tenant
- Description
- US Locations
- Reach
- Men's Warehouse
- Men's Apparel
- 920
- National
- Moe's
- Retailer
- -
- -
- Old Navy
- Unisex Apparel
- 1,564
- International
- Trader Joe's
- Supermarket
- 701
- National
- Ulta
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Men's Warehouse | Men's Apparel | 920 | National |
| Moe's | Retailer | - | - |
| Old Navy | Unisex Apparel | 1,564 | International |
| Trader Joe's | Supermarket | 701 | National |
| Ulta | Retailer | - | - |
PROPERTY FACTS FOR 201-293 Patriot Ln , State College, PA 16803
| Property Type | Retail | Gross Leasable Area | 56,676 SF |
| Property Subtype | Supermarket | Year Built | 2012 |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 56,676 SF |
| Year Built | 2012 |
About the Property
Want to be in the thriving commercial area of Happy Valley? Next to big anchors such as Trader Joe's, and neighboring Target, Wegmans, Dicks, and more. Located near Penn State University with easy access to 45,000 students. Heavy car traffic of +30,000 cars per day. Become part of the growing retail and business community of State College with this retail space.
Nearby Major Retailers
-
Alec Pringle -
Jason Krout -
Keystone Real Estate Group, LP
Presented by
Trader Joe's Plaza | 201-293 Patriot Ln
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