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INVESTMENT HIGHLIGHTS
- Rare substantial industrial purchase opportunity in State College.
- Close Proximity to Penn State University and 2000 feet of frontage along College Ave
- Potential to Redevelop into a variety of uses in the future.
EXECUTIVE SUMMARY
Prime 53+ acre site just minutes from Penn State University’s main campus in State College, PA. The property features a fully leased, modern one-story industrial facility totaling ±263,784 SF, occupied by Spectrum Control, an electronics manufacturer serving the Aerospace and Defense industry.
This site offers a rare investment opportunity with multiple future potential uses, including continued industrial occupancy, conversion for medical or recreational purposes, or significant redevelopment for student or residential housing.
This site offers a rare investment opportunity with multiple future potential uses, including continued industrial occupancy, conversion for medical or recreational purposes, or significant redevelopment for student or residential housing.
DATA ROOM Click Here to Access
- NDA
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Manufacturing
- -
- -
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Lorem Ipsum
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Jan 0000
Spectrum Control (formerly APITech) is a global leader in managing and controlling the electromagnetic spectrum. They make the invisible electromagnetic spectrum visible and controllable with our industry-leading capabilities. Companies and governments trust them to help them design, engineer, and build the devices and solutions that connect and protect their world.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Manufacturing | - | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 24-004-022-0000 | Improvements Assessment | $1,178,850 |
| Land Assessment | $624,825 | Total Assessment | $1,803,675 |
PROPERTY TAXES
Parcel Number
24-004-022-0000
Land Assessment
$624,825
Improvements Assessment
$1,178,850
Total Assessment
$1,803,675
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1900 W College Ave
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