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91 Central Ave
Johnstown, PA 15902
Retail Property For Sale
Investment Highlights
- Recent 10-yr extension with 22.22% rent increase proves tenant commitment
- 19-year operating history at this location
- Corporately guaranteed lease from Family Dollar
- 8.00% cap rate with 10% rent bump in 2031 increasing cap rate to 8.80%
- Extremely healthy rent-to-sales ratio of 4.40%
- 3-mile population of 39,248; 5-mile population of 60,348 residents
Executive Summary
Kyle Matthews
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,438 SF
Building Class
B
Year Built
2007
Price
$1,346,499 CAD
Price Per SF
$142.67 CAD
Cap Rate
8%
NOI
$107,720 CAD
Tenancy
Single
Building Height
1 Story
Parking
10 Spaces (1.06 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 078-003865 | Improvements Assessment | $61,570 CAD |
| Land Assessment | $30,954 CAD | Total Assessment | $92,524 CAD |
Property Taxes
Parcel Number
078-003865
Land Assessment
$30,954 CAD
Improvements Assessment
$61,570 CAD
Total Assessment
$92,524 CAD
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