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Investment Highlights

  • Prime location in State College near Penn State University.
  • Flexible design allows for tailored buyer requirements.
  • Excellent regional connectivity via major highways and airports.
  • Site work 90% complete for accelerated occupancy.
  • Strong surrounding amenities including retail and hospitality.

Executive Summary

FOR LEASE or SALE: Proposed 2-Story, State-of-the-Art professional office building. 24,000sf per floor on two levels (48,000sf total) allows for plenty of flexibility. This building will accommodate many uses including Office, Medical, R&D, Government, Law/Financial, Light Manufacturing, and other uses. The building will be built to stringent energy efficiency standards to keep operating costs low. Landlord will help with concept planning to make sure the space is right for your business and use. Great views of PSU Beaver Stadium and East Campus.
Site work is 90% complete to allow for a quick start and occupancy in 2026. The property can still be modified to a tenant’s needs and requirements.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Building Size
48,000 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
24,000 SF
Slab To Slab
14’
Building FAR
0.26
Lot Size
4.24 AC
Zoning
CO - Corridor Overlay Zone; Underlying district is Residential/Office
Parking
192 Spaces (4 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Bus Line
  • Security System
  • Signage
  • Car Charging Station
  • Central Heating
  • Natural Light
  • Shower Facilities
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 24,000 SF
  • Office
  • Spec Suite
  • Dec 2026

FOR LEASE or SALE: Proposed 2-Story, State-of-the-Art professional office building. 24,000sf per floor on two levels (48,000sf total) allows for plenty of flexibility.

  • 2nd Floor
  • 24,000 SF
  • Office
  • Spec Suite
  • Dec 2026

FOR LEASE or SALE: Proposed 2-Story, State-of-the-Art professional office building. 24,000sf per floor on two levels (48,000sf total) allows for plenty of flexibility.

Space Size Space Use Build-Out Available
1st Floor 24,000 SF Office Spec Suite Dec 2026
2nd Floor 24,000 SF Office Spec Suite Dec 2026

1st Floor

Size
24,000 SF
Space Use
Office
Build-Out
Spec Suite
Available
Dec 2026

2nd Floor

Size
24,000 SF
Space Use
Office
Build-Out
Spec Suite
Available
Dec 2026

1st Floor

Size 24,000 SF
Space Use Office
Build-Out Spec Suite
Available Dec 2026

FOR LEASE or SALE: Proposed 2-Story, State-of-the-Art professional office building. 24,000sf per floor on two levels (48,000sf total) allows for plenty of flexibility.

2nd Floor

Size 24,000 SF
Space Use Office
Build-Out Spec Suite
Available Dec 2026

FOR LEASE or SALE: Proposed 2-Story, State-of-the-Art professional office building. 24,000sf per floor on two levels (48,000sf total) allows for plenty of flexibility.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
19-007-158-0000
Land Assessment
$167,149 CAD
Improvements Assessment
$0 CAD
Total Assessment
$167,149 CAD
  • Listing ID: 38862983

  • Date on Market: 2025-12-23

  • Last Updated:

  • Address: 378 Walker Dr, State College, PA 16801

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