Johnstown Power Center For
For Sale
Contact for pricing
590 Galleria Dr, Johnstown, PA 15904
Fully occupied, three-tenant retail center with long-term tenants.
Property Size61,968 SF
Price / SF$91.51
Days on Market138
Property Features for 590 Galleria Dr
General Information
Standard status
Active
Size
61,968 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$453,667
Building Details
Year Built
1999
Units
3
Tenancy
Multi
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 10 at 11:52AM
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 Bang Realty
Investment Insights
Based on property information with market context.
This fully occupied, three-tenant power center encompasses approximately 61,968 square feet. Anchored by Dunham’s Sports, Staples, and Verizon, all tenants recently executed 5-year lease extensions, providing stabilized cash flow and an approximate 5.1-year weighted average lease term. Staples has operated at the site for over 32 years, with Dunham’s Sports in its 27th year of occupancy. The property features frontage on US-219 with exposure to over 30,000 vehicles per day and signalized access at the Galleria Drive interchange, which sees over 14,000 vehicles per day. In-place rents are reportedly 30%–50% below market.
Key Highlights
- 100% occupied ±61,968 SF power center with stabilized cash flow.
- Anchored by Dunham’s Sports, Staples, and Verizon, all with recent 5‑year lease extensions.
- ±5.1‑year Weighted Average Lease Term (WALT).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15904, PA
16,065
Population
7,243
Households
2.2
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
28.9 sq mi
ZIP Area
556
Density / Sq Mi
$65,122
Median Household Income
$34,862
Median Earnings
$856
Median Rent
$172,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- The Johnstown Galleria — 500 Galleria Dr, Johnstown, PA 15904
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied, three-tenant retail center with long-term tenants.
Where is this shopping center located?
The property is located at 590 Galleria Dr Johnstown, PA.
What is the asking price?
The asking price for this property is $5,670,839.
What are key features of this property?
This property features: 100% occupied ±61,968 SF power center with stabilized cash flow.; Anchored by Dunham’s Sports, Staples, and Verizon, all with recent 5‑year lease extensions.; ±5.1‑year Weighted Average Lease Term (WALT).
