616 Main St, Gallitzin, PA 16641
Dollar General with lease extended to June 30, 2030.
- Added:
- Sep 12, 2024
- Days on Market:
- 632
- Last Refresh:
- May 12 at 8:38 pm
Property Features for 616 Main St
General Information
- Standard status
- Active
- Size
- 9,014 SF
- Lot size
- 0.56 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agent Craig Dunkle License #PA RS324418
Listing office Scope Investment Real Estate Services (267) 664-7118
Listing date Sep 12, 2024
Source Crexi
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 Scope Investment Real Estate Services
HighLights
- NNN lease with approximately 6 years and 7 months of term remaining, extended early, providing stable income.
- High‑performing Dollar General location, ranked in the Top 10 within 15 miles and experiencing a 7.7% increase in visits year‑over‑year, indicating strong customer traffic.
- New roof coating installed in 2022 with a 20‑year warranty, reducing potential capital expenditures.
- Strategic location near major highways (US‑22 and I‑99) providing easy access to Altoona and other cities.
- Strong retail market in Johnstown with low vacancy rates (1.4% for general retail) and increasing rents, indicating a favorable investment environment.
- Staple store for locals with 98,300 visitors visiting over 30 times in the last year.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gallitzin
- County
- Cambria
- State
- Pennsylvania
- Longitude
- -78.552288
- Latitude
- 40.480789