Fully Leased Industrial Distribution
For Sale
$1,500,000
501 Broad St, Johnstown, PA 15906
Fully occupied distribution facility leased to two tenants on net leases, including a recent five-year extension for one tenant.
Property SizeContact for details
Days on Market151
Property Features for 501 Broad St
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Matthews Real Estate Investment Services | Dallas
Listed By:
Jack Lenihan · License #712201 (TX)
(214) 692-2886
Source:
Matthews
Added: Apr 12
Changed: Sep 8
Last Checked: Sep 7 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Dallas
Investment Insights
Based on property information with market context.
This for-sale industrial distribution center is fully occupied by two tenants under net leases. The listing highlights a recently extended lease for Hajoca Corp (Penstan Supply) with a five-year term extension, along with 2% annual increases and no additional options indicated in the remarks. Best Window & Door Company is also referenced as having its headquarter location at the property.
The property is located at 501 Broad St in Johnstown, Pennsylvania, and is described as approximately 60 miles from Pittsburgh, PA. The offering is presented as an industrial opportunity supported by regional and local credit tenant occupancy.
The property is located at 501 Broad St in Johnstown, Pennsylvania, and is described as approximately 60 miles from Pittsburgh, PA. The offering is presented as an industrial opportunity supported by regional and local credit tenant occupancy.
Key Highlights
- Fully occupied industrial distribution facility leased to two tenants on net leases
- One tenant’s lease was recently extended for five years
- Lease includes 2% annual increases with no additional options
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 15906, PA
10,060
Population
5,913
Households
1.7
Avg Household Size
44
Median Age
13%
College-Educated
91%
High-School Grad
27.3 sq mi
ZIP Area
368
Density / Sq Mi
$39,713
Median Household Income
$30,685
Median Earnings
$567
Median Rent
$53,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Distribution center - Fully occupied distribution facility leased to two tenants on net leases, including a recent five-year extension for one tenant.
Where is this distribution center located?
The property is located at 501 Broad St Johnstown, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully occupied industrial distribution facility leased to two tenants on net leases; One tenant’s lease was recently extended for five years; Lease includes 2% annual increases with no additional options
