Dollar General Strip Center

• National Retail Tenant – Dollar General occupies one of the units, providing an established national retailer and an existing income stream.
• Low Price Per Square Foot – Offered at an attractive price per SF of $24.18, the deal provides investors with a low acquisition basis for a 40,355 SF retail asset.
• 40,355 SF Retail Center – The property provides a substantial amount of existing retail space that can accommodate multiple tenants and uses.
• Value-Add Opportunity – The property offers a new owner the opportunity to increase occupancy and NOI through lease-up of the remaining space. An investor can potentially create substantial value by leasing the vacant suites, increasing occupancy, NOI, and ultimately the property’s stabilized value.
• Established Employment Base – The Johnstown area has meaningful employment concentrations in education/healthcare, trade/transportation/utilities, manufacturing, government, and professional/business services, providing a diverse employment base supporting local consumer activity.