Johnstown, PA - Fastenal
$725,000
209 Broad St, Johnstown, PA 15906
7.49
Cap Rate
54,307
NOI
Details:
Description:
• Fastenal has more than 6 years remaining on their current lease
• The tenant recently amended the lease, adding 7 years of term and 1 (5-year) option to renew
• The lease is corporately signed by Fastenal, an industrial supply store with 1,600 locations across 25 countries
• The tenant has operated at this site since 2015
• The property sits on Broad St./PA Route 403 (23,600 VPD), a major thoroughfare connecting Johnstown to its surrounding areas, providing excellent visibility and access to the subject property
• The site sits on an oversized 1.25 AC parcel
• Fastenal is just down the road from a Giant Eagle, Sheetz, Subway, Advance Auto Parts, and various local retailers & restaurants
Location
Gallery