Cap Rate
8%
Tot. SF
9,438
91 Central Ave, Johnstown, PA, 15902
• Recent 10-year lease extension with Family Dollar a huge 22.22% increase, proving their commitment to the site and market!
• Attractive 10% rent increase in 2031 (Cap Rate will increase to 8.80%, assuming purchase at list price)
• 19-Year operating history at this location, proving the tenants commitment to the location and market
• Extremely healthy rent to sales ratio of 4.40% (see broker for details)
• Corporately guaranteed lease from Family Dollar
• 3-mile population of 39,248 residents
• 5-mile population of 60,348 residents
• Average household of $83,873 annually
• Johnstown is located 65-miles east of Pittsburgh


