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1905 Waddle Rd
State College, PA 16803
Former Outback Steakhouse · Retail Property For Lease · 7,000 SF

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HIGHLIGHTS

  • Home to Penn State University
  • Lots of traffic at intersection

PROPERTY FACTS

Total Space Available 7,000 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 7,000 SF
Year Built 1999
Parking Ratio 5.71/1,000 SF

ABOUT THE PROPERTY

This ±7,000 SF stand-alone restaurant offers a rare opportunity in a highly accessible location. The property features an inviting ±300 SF outdoor patio for additional dining and guest enjoyment. With 125 dedicated parking spaces, including 4 handicap-accessible spaces, the site provides exceptional convenience for patrons. Operational efficiency is supported by two designated loading and unloading zones, ensuring smooth supply and service logistics. Additionally, a liquor license is available through a joint venture with the Holiday Inn Hotel, creating an excellent value-add for restaurant operators seeking to maximize revenue potential. This property presents a turnkey opportunity for restaurateurs or investors looking for a high-capacity, well-positioned dining establishment with both indoor and outdoor seating options. *Liquor license is available via Joint Venture with Holiday Inn Hotel.

  • Pylon Sign
  • Listing ID: 31046781

  • Date on Market: 2024-02-26

  • Last Updated:

  • Address: 1905 Waddle Rd, State College, PA 16803

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