Patton Crossing

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Patton Crossing

1798 N. Atherton St., State College, PA 16803

For Lease

2,200 - 4,000 SF

Patton Crossing

1798 N. Atherton St., State College, PA 16803

For Lease

2,200 - 4,000 SF

Property Details

Building Size:

159,000 SF

Total Lot Size:

30 Acres

Property Type:

Community Center

Price:

Negotiable

Vacant Space:

8,400 SF

Tenancy:

Multi

Traffic Counts:

N. Atherton St: 25,300 VPD

Population:

3 Mile: 56,620
5 Mile: 85,727
7 Mile: 101,290

Building Status:

Proposed

Project Description

Patton Crossing is a ± 30 acre new construction commercial and residential development on North Atherton Street in State College, Pennsylvania, anchored by Aldi. The development includes 20 buildings with ± 159,000 SF of retail, ± 122,000 SF of office, ± 392 residential units and three parking structures, as well as a large gathering space, recreational area, surface parking and bike paths. The project also includes a five-story, 140-room hotel. The project is ideally located along the highly sought-after North Atherton Street corridor in State College, PA and sees over 25,300 VPD. North Atherton Street is a focal point for retail in the State College market and is the main North-South corridor. The project is also within close proximity to other major highways such as East Avenue (Route 26), and Interstate 99.

Trade Area Description:

Adding to the stability of the project, Patton Crossing, shows a 45-minute drive time demographic of over 198,627 people with household incomes of more than $72,978 and daytime employment demographics of over 76,483 people. The demographics within a 15-mile radius include 190,041 people in 73,280 homes, a labor force of 73,497 with an average household income of $73,484. The area’s growth since 2000 has increased over 18.6% with 13,640 new homes.