111 Luther Rd - Auto Repair FOR SALE
Johnstown, PA 15904 |
111 Luther Rd
Johnstown, PA 15904
HIGHLIGHTS
- Monro operated through their original lease and option periods and just signed a brand new 10-year lease at this location
- Monro has been at this location for 35 years and has demonstrated their commitment to this successful store through another long-term lease
- The lease calls for a 10% rental increase in year 5 and a 30% rental increase in the option period
- Low rent of only $40,000 presents as an attractive investment opportunity
- The site is also .5 miles from Route 219 (30,536 VPD).
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Monro Muffler Brake & Service
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
4960
STORIES
1
YEAR BUILT
1989
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
050-115411
