209 Broad St - Flex FOR SALE


Johnstown, PA 15906
$725,000 USD
202-286-1542
209 Broad St, Johnstown, PA for Sale
$725,000 USD
Flex - FOR SALE
1/5
null | 7.49% Cap Rate

209 Broad St
Johnstown, PA 15906


HIGHLIGHTS

  • Recent 7-Year Renewal | Corporate Lease | 11-Year Operating History
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Major Thoroughfare - Broad St/PA Route 403 | Large 1.25 Acre Parcel | Nearby Retailers
  • Strong Demographics In 10-Mile Trade Area

OVERVIEW

• Fastenal has more than 6 years remaining on their current lease • The tenant recently amended the lease, adding 7 years of term and 1 (5-year) option to renew • The lease is corporately signed by Fastenal, an industrial supply store with 1,600 locations across 25 countries • The tenant has operated at this site since 2015

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fastenal - Johnstown PA

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.25

LAND SF

54,450

ZONING

M-1

APN/PARCEL ID

085 006012

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.