Patton Crossing

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Patton Crossing

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

For Lease

3,042 SF

Patton Crossing

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

For Lease

3,042 SF

Property Details

Building Size:

159,000 SF

Total Lot Size:

30 Acres

Property Type:

Community Center

Price:

Negotiable

Vacant Space:

9,126 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.