508 E Plank Rd
Altoona, PA 16602
Walgreens · Retail Property For Sale

This Walgreens property is located at 508 East Plank Road in Altoona, Pennsylvania. Altoona is a city in central Pennsylvania Blair County, Pennsylvania. It is the principal city of the Altoona Metropolitan Statistical Area. The Altoona MSA includes all of Blair County and was recorded as having a population of 127,089 at the 2010 Census, around 100,000 of which live within a five-mile radius of the Altoona city center. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local tenants. Major national tenants in the surrounding area include: Big Lots, Sally Beauty Supply, Mattress Firm, Motel 6, Denny’s, Toys “R” Us, Weis Markets, Harbor Freight Tools, A.C. Moore, Aaron’s, Coldstone Creamery, Mitsubishi, The UPS Store, LongHorn Steakhouse, Martin’s, Bob Evans, GMC, Buick, McDonald’s, Wendy’s, Save-a-Lot, Dollar Tree, Jo-Ann, Chuck E. Cheese’s, Planet Fitness, AT&T, Perkins, Red Lobster, Five Guys, Pizza Hut, CVS Pharmacy, Sheetz, Taco Bell, Long John Silver’s, Hobby Lobby, Burger King, Arby’s, Jiffy Lube, Kmart, as well as many others. Logan Valley Mall is in the immediate area and is anchored by JCPenney, Macy’s, Old Navy, and Sears. Traffic Counts and Demographics Altoona has approximately 41,803 individuals residing within a three-mile radius of the property and more than 76,884 within a five-mile radius. The Walgreens property is located on East Plank Road which has traffic counts of 29,019 vehicles per day. U.S. Interstate 95, located half a mile east, has a daily traffic count of 37,313 vehicles. Altoona, Pennsylvania The top field of employment in Altoona and the metro area is healthcare. Facilities include: UPMC Altoona with its many local facilities that employ thousands, Healthsouth Rehabilitation Hospital and its several local facilities, James E. Van Zandt Medical Center (Veterans Hospital), dozens of doctors offices, and over 20 nursing homes and assisted living facilities. Another massive employer is retail and service industries. Altoona is the linchpin of Tri-City Region. Its location along I-99 draws from a large trade area over a wide geographic area that extends to State College and Johnstown and over 40 miles south along I-99 past I-70. Altoona draws the most retail customers in the region due to its centralized location and to the fact that it has the best complementary retail of the three markets with 2,800,000 square feet of retail space. Altoona is the home of the Sheetz headquarters. Sheetz is one of the largest convenience store and gas station chains in the country, with 500 stores in Pennsylvania, Maryland, Ohio, West Virginia, Virginia, and North Carolina. Approximately 20 Sheetz stores are located in and around Altoona.