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Dollar General - Johnstown PA 21 Bridge St 9,600 SF Retail Building Johnstown, PA 15902 $518,000 ($53.96/SF) 7.75% Cap Rate
Investment Highlights
- Recent 5-Year Renewal | Corporate Lease | 30-Year Operating History
- Signalized, Hard-Corner Intersection | Proximity to Students |Near Goodwill & Sheetz
- NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Dollar General has 5 years remaining on their current lease
• Dollar General recently exercised their last option, committing them to the site until October 2031
• The lease is corporately signed by Dolgencorp, LLC, an investment grade (S&P: BBB), nationally recognized, and an established discount store with 21,055 locations as of May 2026
• The tenant has operated at this site for 30 years
• Dollar General recently exercised their last option, committing them to the site until October 2031
• The lease is corporately signed by Dolgencorp, LLC, an investment grade (S&P: BBB), nationally recognized, and an established discount store with 21,055 locations as of May 2026
• The tenant has operated at this site for 30 years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
C
Year Built/Renovated
1954/2019
Price
$518,000
Price Per SF
$53.96
Cap Rate
7.75%
NOI
$40,141
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.44 AC
Zoning
C-2 - Community Business District
Parking
45 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
160’ on Bridge St
Amenities
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 087-011399 | Improvements Assessment | $65,660 |
| Land Assessment | $10,080 | Total Assessment | $75,740 |
Property Taxes
Parcel Number
087-011399
Land Assessment
$10,080
Improvements Assessment
$65,660
Total Assessment
$75,740
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Dollar General - Johnstown PA | 21 Bridge St