Your email has been sent.
Allen Square 108 W Beaver Ave 314 SF of Office Space Available in State College, PA 16801
HIGHLIGHTS
- At the major crossroad of downtown, adjacent to ample Municipal Parking. Great "feeder tenants" and neighbors such as the Regional Library.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 210 | 314 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $8,792 /YR $732.67 /MO | TBD |
2nd Floor, Ste 210
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 1 - 3 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT ALLEN SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Growing Tree Toys
- Game Store
- 1
- -
- Happy Valley Optical
- Optical
- 1
- -
- Hill Alley Company
- Real Estate
- 1
- -
- Kitchen Kaboodle
- Furniture/Mattress
- 8
- Local
- Supercuts
- Salon/Barber/Spa
- 3,812
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Growing Tree Toys | Game Store | 1 | - |
| Happy Valley Optical | Optical | 1 | - |
| Hill Alley Company | Real Estate | 1 | - |
| Kitchen Kaboodle | Furniture/Mattress | 8 | Local |
| Supercuts | Salon/Barber/Spa | 3,812 | International |
PROPERTY FACTS
| Total Space Available | 314 SF | Gross Leasable Area | 13,391 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.73/1,000 SF |
| Total Space Available | 314 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,391 SF |
| Year Built | 1940 |
| Parking Ratio | 3.73/1,000 SF |
ABOUT THE PROPERTY
Historic charm in the epicenter of Downtown State College. Home to successful local retailers, including Kitchen Kaboodle, Growing Tree Toys, National Tenant Supercuts, and other professionals such as dentists and optometrists. Locations don't get any better than this in State College. At the main intersection of Allen Street and Beaver Avenue one block from Main Campus gate of Penn State University. Located across the street from Schlow Memorial Library and the State College Borough Municipal Buildings.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Allen Square | 108 W Beaver Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.