the rise in mixed sf use ground development floor retail · the rise 3 ast college avenue • state...
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THE RISE ±11,000 sf ground floor retail in mixed-use development
THE RISE538 East College Avenue • State College, PA
MATTHEW STEINmstein@MSCretail.com
215.883.7407
MARIA MAINARDImmainardi@MSCretail.com
215.883.7393
For more info, please contact:
• New construction, mixed-use development comprised of retail, student housing and professional apartments
• ±11,000 SF of ground floor retail with 586 residential beds above
• Located at Penn State’s Main Campus with approximately 45,000 undergraduate students
• Situated off the main artery into town, serving as the entrance of College Avenue with fantastic visibility along the main retail thoroughfare in State College
• Delivery to retailers Summer 2018
±11,000 SF Ground Floor Retail in Mixed-Use Development
PROPERTY DETAILS
DEMOGRAPHICSPOPULATION
1 mile: 33,969 3 miles: 76,065
AVERAGE HH INCOME
1 mile: $48,138 3 miles: $65,028
EST. MEDIAN AGE
1 mile: 23.5 3 miles: 28.4
EST. TOTAL EMPLOYEES
1 mile: 14,408 3 miles: 37,244
PENN STATE UNIVERSITY
Undergraduate Students ±40,500Graduate ±7,000
ADDITIONAL STATISTICS
±2 million annual visitors to Downtown State College
Out-of-state visitors spend nearly $800M annually
THE RISE538 East College Avenue • State College, PA
MATTHEW STEINmstein@MSCretail.com
215.883.7407
MARIA MAINARDImmainardi@MSCretail.com
215.883.7393
For more info, please contact:
The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.
Site Plan
Space 1
3,644
14’ 3”
14’ 3”
14’ 3”
Space 2
Space 3 2,638
3,086
1,518
Space 4 15’ 0”
Location Area (SF) Usable Height
Page 1 of 1
C O L L E G E A V E N U E
HI
GH
S
TR
EE
T
RAMP DOWN TO RETAIL PARKING:
±20 SPACES
COVERED OUTDOOR PATIO
RETAILSPACE 11,518 SF
RETAILSPACE 23,086 SF
RETAILSPACE 32,638 SF
RETAILSPACE 43,644 SF
valley vista dr
n. atherton st
w. colle
ge ave (5,600
aadt)
(17,000 aadt)
(9,500
aadt)(22,000 aadt)
s. atherton st
mt. nittany expressway
university dr
99INTERSTATE
322ROUTE
Beaver Stadium
COLONADE AT STATE COLLEGE
NORTH ATHERTON PLACE
NORTH ATHERTON SHOPPES
NORTH LAND CENTER
DOWNTOWN SHOPPING CENTER
NITTANY MALL
STAT
E CO
LLEG
E, PA
THE RISE538 East College Avenue • State College, PA
MATTHEW STEINmstein@MSCretail.com
215.883.7407
MARIA MAINARDImmainardi@MSCretail.com
215.883.7393
For more info, please contact:
SITE
The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.
Aerial
THE RISE538 East College Avenue • State College, PA
MATTHEW STEINmstein@MSCretail.com
215.883.7407
MARIA MAINARDImmainardi@MSCretail.com
215.883.7393
For more info, please contact:
Strip Map
The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.
PORTER RD
UNIVERSITY DR
COLLE
GE AVE
PARK
AVE
SHORTLIDGE RD
N. ATHERTON RD
POLL
OCK R
D
PARK AVE.INTRAMURAL
FIELDS
The NittanyLion Shrine
Pattee &Paterno Library
BerkeyCreamery
Old Main
BEAVERSTADIUM
BRYCEJORDANCENTER
SOUTH
HALL
S
Walking Distance from The Rise:
miles minutes
Beaver Stadium 1.0
Old Main 0.6 14
18
Shortlidge 0.2 5
SITE
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