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Property profile & analytics
OFF-MARKET Estimated value $3,085,000
Super regional malls

500 Galleria Dr Johnstown, PA 15904-8906

45.8 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US73-3427066
Property summary
AI-generated overview

The Johnstown Galleria, a prominent 358,373 square foot shopping mall located at 500 Galleria Dr, Johnstown, PA 15904, offers exceptional retail leasing opportunities. Built in 1992, this multi-tenant property sits on a substantial 75.8-acre lot and boasts ample parking with 3,750 spaces. Currently, there are 96,128 square feet of vacant space available, offering flexibility for businesses of various sizes. Units range from a minimum of 9 square feet to a maximum contiguous space of 10,025 square feet, catering to a wide array of retail needs. The property's prime location in Johnstown, Pennsylvania, ensures high visibility and accessibility for customers. This is an excellent chance to establish or expand your retail presence in a well-established and thriving shopping center. The property's substantial size and ample parking make it an attractive option for businesses seeking a significant retail footprint. Interested parties are encouraged to inquire about available spaces and lease terms. The property's location offers convenient access for customers and employees alike. This is a unique opportunity to secure retail space in a highly visible and well-maintained shopping mall.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 45.8 ac (1,995,048 SF)
APN 050 119851
UPID US73-3427066
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Apples & Bananas (Bike/Boat/Book/etc) Store
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Army Recruiting Office Johnstown, PA Military Recruiting Office Recruiter
  • US Air Force Recruiting Military Recruiting Office
  • The Italian Oven Restaurant of Johnstown Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.09M
Owner & transaction history
Karruli LLC · 3 yrs held
Karruli LLC
since 2022
Last sale
$3.2M
2 recorded transactions
2022
$3.2M
2021
$238,718
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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