The Plaza at Aspen State College

250 Squirrel Dr, State College, PA 16801

Property Information

  • For Lease $25.00 - $35.00/SF/YR
  • Property Type Retail
  • Property Size 25,705 SF
  • Date Updated Apr 21, 2026

Description

Bring your restaurant or retail store to this new retail plaza on Squirrel Drive in State College. With breathtaking views of Happy Valley; Beaver Stadium, the 2nd largest stadium in the world; Bryce Jordan Center; and Penn State University, the plaza resides just under the 262 apartment Aspen State College, a multi-family development. It is just off the well-trafficked College Avenue which runs through the heart of downtown State College. There is easy access to Rt 322, only 2 minutes from the University (1.02 miles), and within walking distance to Beaver Stadium.

There are highly flexible lease options from 1,100 sf to 25,000+ spaces with dedicated outdoor patios. All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a
base lighting package, sprinklers, and utilities stubbed into the spaces. This new retail project provides ample parking and the best views in Happy Valley.

The perfect user would be brew pubs/tasting rooms, restaurants, health/wellness users, boutiques, or other retail user. This gem will be the center for locals and tourists to enjoy fun, food, outdoor entertainment, and the Penn State skyline like no other in town.

5 Spaces Available

#1

Space Type

Retail

Lease Rate

$25.00 - $35.00/SF/YR

Total Space

3,336 SF

Divisible Space

3,336 - 3,336 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Build Type

Shell

All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a base lighting package, sprinklers, and utilities stubbed into the spaces.

E COLLEGE AVE - ±22,000 VPD

MT NITTANY EXPY - ±29,000 VPD

 

UNIVERSITY DR - ±12,000 VPD

 

#10

Space Type

Retail

Lease Rate

$25.00 - $35.00/SF/YR

Total Space

1,165 SF

Divisible Space

1,165 - 1,165 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Build Type

Shell

All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a base lighting package, sprinklers, and utilities stubbed into the spaces.

E COLLEGE AVE - ±22,000 VPD

MT NITTANY EXPY - ±29,000 VPD

 

UNIVERSITY DR - ±12,000 VPD

 

#11

Space Type

Retail

Lease Rate

$25.00 - $35.00/SF/YR

Total Space

3,185 SF

Divisible Space

3,185 - 3,185 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Build Type

Shell

All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a base lighting package, sprinklers, and utilities stubbed into the spaces.

E COLLEGE AVE - ±22,000 VPD

MT NITTANY EXPY - ±29,000 VPD

 

UNIVERSITY DR - ±12,000 VPD

 

#2

Space Type

Retail

Lease Rate

$25.00 - $35.00/SF/YR

Total Space

1,594 SF

Divisible Space

1,594 - 1,594 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Build Type

Shell

All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a base lighting package, sprinklers, and utilities stubbed into the spaces.

E COLLEGE AVE - ±22,000 VPD

MT NITTANY EXPY - ±29,000 VPD

UNIVERSITY DR - ±12,000 VPD 

#3

Space Type

Retail

Lease Rate

$25.00 - $35.00/SF/YR

Total Space

1,626 SF

Divisible Space

1,626 - 1,626 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Build Type

Shell

All spaces are delivered as “warm shells” with finished concrete floors, demising walls, a base lighting package, sprinklers, and utilities stubbed into the spaces.

E COLLEGE AVE - ±22,000 VPD MT NITTANY EXPY - ±29,000 VPD UNIVERSITY DR - ±12,000 VPD

 

Contacts

Kandy Weader

Bennett Williams Commercial

Luke Higgins

Bennett Williams Commercial

Location

Contact The Plaza at Aspen State College
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