91 Central Ave - Freestanding FOR SALE


Johnstown, PA 15902
$957,000 USD
214-692-2289
91 Central Ave, Johnstown, PA for Sale
$957,000 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

91 Central Ave
Johnstown, PA 15902


HIGHLIGHTS

  • Recent 10-yr extension with 22.22% rent increase proves tenant commitment
  • 8.00% cap rate with 10% rent bump in 2031 increasing cap rate to 8.80%
  • 19-year operating history at this location
  • Extremely healthy rent-to-sales ratio of 4.40%
  • Corporately guaranteed lease from Family Dollar
  • 3-mile population of 39,248; 5-mile population of 60,348 residents

OVERVIEW

Kyle Matthews License # RM423998, RB068831 (PA) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$957,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

078-003865

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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