Rent retail space at 116 East College Avenue in State College, PA! This premium retail storefront is in the Fromm Building right at the center of Downtown State College. 116 East College Avenue was recently outfitted by BB&T Bank and is in excellent condition. As a bonus, the Calder Alley level entrance has recently finished offices and a break room. The location has unparalleled foot traffic on the 100-block of College Avenue. It is directly across from the Cata bus hub and Old Main.
|Address||116 East College Avenue, State College PA|
|Property Tax Code||36-12-23|
|Leased Area||3,384 square feet total
2,119 square feet at College Avenue level, plus 1,265 square feet at Calder Alley level (stairs connecting).
|Annualized||$22.70 per square foot total|
|Utilities||Public water, public sewer, metered electric, natural gas|
|Topography||Level to College Avenue in front, and accessed by Calder Alley at rear|
|Streets||Paved sidewalk, concrete curb, metered parking|
|Recent Use||BB&T Bank|
|Parking||Parking for two vehicles at Calder Alley|
|Available||First floor street-front retail space|
|Lease Terms||10-year net lease with CPI adjustment|
|Features||Two restrooms, one on each level|
|Employee lounge on Calder Alley level|
|Gas heating system and central air conditioning|
|Calder Alley entrance at rear|
|Tenant Utilities||The tenant pays separate metered gas and electric utilities|
|Tenant pays municipal refuse|
|Tenant pays property taxes and building insurance percentages|
|The tenant must obtain use permit|
|Tenant provides snow removal of city sidewalks and entrances|
|Landlord Utilities||Cold water and sewer included|
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