AMC Real Estate Investment Services is pleased to present a prime investment opportunity: a fully occupied, NNN 3-tenant retail center located at 590 Galleria Dr, Johnstown, PA 15904. This property boasts an attractive 11.31% cap rate with a stable tenant base, long-term lease histories, and minimal landlord responsibilities.
Situated on a 5.66-acre lot with a 61,968 SF building, this retail center is positioned in a high-traffic corridor with over 15,000 vehicles per day, benefiting from strong consumer activity. The property is anchored by nationally recognized tenants—Staples, Verizon, and Dunham’s Sports—with Dunham’s and Staples operating at this location for over 30 years, demonstrating a strong commitment to the site.
Located in an affluent area with average household incomes exceeding $95,000 within a 3-mile radius, the property is just 2 miles from the University of Pittsburgh at Johnstown, further increasing foot traffic and local demand. With reliable rental income and an established retail presence, this offering presents a compelling opportunity for investors seeking a high-yield, low-maintenance asset in a thriving retail market.