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501 Broad St 37,570 SF 100% Leased Industrial Building Johnstown, PA 15906 $1,500,000 ($39.93/SF) 6.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Johnstown offers a strategic location in southwestern Pennsylvania with access to major logistics corridors and a skilled local workforce.
- The ±37,570 SF building is 100% leased to Best Windows and Hajoca, both paying well below market industrial rents.
- Best Windows’ lease includes multiple option periods.
- The area features affordable operating costs, low competition for industrial space, and growing demand from service and supply chain tenants.
- Hajoca has formally notified they will vacate at lease expiration in January 2027, opening up ±17,076 SF for new tenancy.
- The building sits on ±1.6 acres and features a practical industrial layout suitable for distribution, storage, or light manufacturing.
EXECUTIVE SUMMARY
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
| Price | $1,500,000 | Lot Size | 1.60 AC |
| Price Per SF | $39.93 | Rentable Building Area | 37,570 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.45% | Year Built | 1967 |
| Property Type | Industrial | Parking Ratio | 0.56/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | Commercial - Commercial | ||
| Price | $1,500,000 |
| Price Per SF | $39.93 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.60 AC |
| Rentable Building Area | 37,570 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 0.56/1,000 SF |
| Clear Ceiling Height | 15’ |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 086-006098 | Improvements Assessment | $124,680 |
| Land Assessment | $69,700 | Total Assessment | $194,380 |
PROPERTY TAXES
Parcel Number
086-006098
Land Assessment
$69,700
Improvements Assessment
$124,680
Total Assessment
$194,380
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501 Broad St
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