605 University Dr
605 University Dr, State College, PA 16801
For Lease
1,980 SF
605 University Dr
605 University Dr, State College, PA 16801
For Lease
1,980 SF
Property Details
1,980 SF
0.7 Acres
Gas/Service Station
Single
3 Mile: 70,897
5 Mile: 88,162
7 Mile: 100,385
Existing
Project Description
Located in a prime State College corridor, 605 University Drive sits on 0.7 acres and presents a unique second-generation gas station opportunity, with existing infrastructure (1,980 sf) in place that allows for a seamless continuation of fuel service operations. The site also offers flexibility for a retrofit to alternative retail uses or a full redevelopment opportunity, making it attractive to a wide range of users. Positioned just minutes from Penn State University and downtown, the property benefits from strong visibility and accessibility, along with daily traffic
counts of 12,000 VPD. Surrounded by national retailers, dense student housing, and major employment hubs, the location supports consistent daytime and evening traffic. Whether for a gas station operator, retail conversion, or ground up redevelopment, this site offers a rare chance to establish a presence in one of Central Pennsylvania’s most active commercial corridors.
Location Description:
Situated along University Drive in the heart of State College, this property benefits from a highly desirable location just minutes from Penn State University and the downtown core. The area is characterized by a dynamic mix of student housing, residential neighborhoods, and national and local retailers, creating consistent foot traffic and year-round activity. With convenient access to major corridors, including College Avenue and North Atherton Street, the location offers excellent connectivity throughout the region. Its proximity to campus, retail centers, and major employers makes it an ideal setting for a wide range of opportunities.
Trade Area Description:
The property draws from a strong and diverse trade area anchored by Penn State University, one of the largest universities in the country, with a student population exceeding 45,000. The surrounding market benefits from a stable mix of students, faculty, and permanent residents, providing consistent year-round demand. State College serves as the primary commercial and employment hub for Centre County and the broader Central Pennsylvania region, attracting visitors for education, healthcare, and major events. High daytime population, strong household incomes, and steady consumer traffic support a wide range of retail, restaurant, and service-oriented uses within the immediate and extended trade area.
Property Highlights
- Prime location along University Drive with strong visibility
- Potential for a new gas station or retail user with a redevelopment opportunity
- ±12,000 vehicles per day providing consistent daily exposure
- Minutes from Penn State University and downtown State College
- Surrounded by dense student housing and established residential neighborhoods
- Proximity to national retailers, restaurants, and major employers
- Excellent access to College Avenue and North Atherton Street
- Strong daytime and evening population base
- High-demand market with limited available inventory
Property Location:
Brokers
