590-594 Galleria Dr - Retail FOR SALE
Johnstown, PA 15904 |
590-594 Galleria Dr
Johnstown, PA 15904
HIGHLIGHTS
- Price Below Replacement Cost at $72.83 PSF
- 100% Occupied Neighborhood Center with 3 National Tenants - Staples & Dunham's at Site Since 1990's
- Rent Roll Consists of Below Market Rents (Average Rent of Offering is $7.61 PSF while Market Rent is $17.00 PSF)
- Unique Opportunity to Earn High Yield of 8.50% on Day 1 of Investment with No Leverage
- Economic Stability Fueled by Health Care & High-Tech Defense; Also Near University of Pittsburgh-Johnstown & Johnstown-Cambria County Airport
- Solid Demographics - 91,435 People within a 5-Mile Radius; Average Household Income $81,694
FOR SALE DETAILS
PRICE
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CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Shoppes at Johnstown
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
61968
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
315
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
050-116616
