Boalsburg Technology Park - Building 1
Industrial | 16,892 SqFt
Marketing description
Boalsburg Technology Park presents a rare opportunity to acquire a multi-tenant industrial investment at 171 Technology Drive, Boalsburg, PA, offered at $660,000. Located in Harris Township just southeast of downtown State College, the property sits in a strategic business park setting with convenient access to U.S. Route 322/22, I-99, University Park Airport, and CATA transit. This approximately 16,892 SF industrial condominium unit offers a diverse multi-suite layout within an established technology park environment. The current rent roll shows a mix of occupied suites and one vacant suite, creating both in-place income and upside through lease-up potential. Tenancy includes office, light industrial, storage, and food production uses, supporting a flexible investment profile. Positioned near Penn State University, downtown Boalsburg, and major regional employers, the asset benefits from strong area fundamentals and continued Centre County growth. Industrial zoning further enhances long-term utility for a range of permitted uses. For investors seeking a well-located, value-add industrial asset in the State College market, this offering combines accessibility, income potential, and future leasing flexibility in one compelling opportunity.
Investment highlights
- Nearly all tenants are long-term tenants, with leases extending as far out as 2/29/2028.
- Prime location located at the Boalsburg interchange for the US Route 22/US Route 322 highway system.
- Great visibility for a high-traffic road and interchange.
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