South Atherton Office
724 South Atherton Street
State College, PA 16801
Highlights
- Affordable, high-end office building
- Close to downtown and the PSU campus
- Many building upgrades
Description
The eye-catching, office building has a brick exterior; black, standing-seam roof; and modern, black window panes on the exterior and interior. These upgrades were meticulously chosen when the property was built in 2002. The inviting, shared entrance is at the rear of the building, which is served by a large parking lot. There is also a secondary egress facing S. Atherton.
Unlike most of the other Class A offices in the market, this building offers a modified gross lease where the Tenant pays for utilities, maintenance & janitorial within the space, and only annual increases on the operating expenses. This is a great opportunity for a higher-end office at an affordable price.
The office building is located within the State College Borough, just off S. Atherton, and only a mile from Penn State University.
State College Facts/Highlights:
Population* of 246,619 with a HH income of $50,038 in a 45-minute drive time
Over 45,000 PSU students in addition to the Census population.
Yearly PSU student spending is ~$932 million in PA’s economy.
PSU has 44,000 employees with a yearly payroll of $805 million.
Penn State visitors generate more than $1 billion for the state economy.
Documents
TrafficCountMap - 724 S Atherton.pdfFloor Plan.pdf
Units for Lease
Price Per Sqft/Month: $18.5