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Family Dollar Retail Building
For Sale
$957,000

91 Central Ave, Johnstown, PA 15902

Single-tenant retail property with an extended corporate lease and established operating history.

Property Size9,438 SF
Days on Market26

Property Features for 91 Central Ave

General Information

Standard status Active
Size 9,438 SF
Property subtype Commercial
Lease Term ± 10 Years
Net Operating Income $76,560

Building Details

Building Size 9,438 SF
Year Built 2007
Tenancy Single
Listing Agency: Matthews Real Estate Investment Services, Inc
Listed By: Josh Bishop · License #688810 (TX)
Source: Matthews
Added: Jul 30 Changed: Aug 23 Last Checked: Aug 23 at 10:41AM

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, Inc

Investment Insights

Based on property information with market context.

This 9,438-square-foot retail building is occupied by Family Dollar under a corporately guaranteed lease. The tenant has operated at the location for 19 years, and the lease was recently extended for 10 years.

The lease includes a 22.22% increase associated with the extension and a 10% rent increase scheduled for 2031. The property is located at 91 Central Ave in Johnstown, Pennsylvania, approximately 65 miles east of Pittsburgh. The surrounding market includes 39,248 residents within 3 miles and 60,348 residents within 5 miles, with average annual household income of $83,873.

Key Highlights

  • 9,438‑square‑foot retail building occupied by Family Dollar
  • Recently extended 10‑year lease with a 22.22% increase
  • Corporately guaranteed lease

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 15902, PA

11,107
Population
6,281
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
9.4 sq mi
ZIP Area
1,182
Density / Sq Mi
$42,163
Median Household Income
$34,187
Median Earnings
$684
Median Rent
$58,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant retail property with an extended corporate lease and established operating history.
Where is this retail space located?
The property is located at 91 Central Ave Johnstown, PA.
What is the asking price?
The asking price for this property is $957,000.
What are key features of this property?
This property features: 9,438‑square‑foot retail building occupied by Family Dollar; Recently extended 10‑year lease with a 22.22% increase; Corporately guaranteed lease
More about this property
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