500 Galleria DrJohnstown, PA 15904

Property Details for 500 Galleria Dr

Lot size

45.80 AC

Property type

Retail properties

Property subtype

Super regional malls

APN

050 119851

APU

50119851

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $625,714,816

  6.5%

  $577,582,912

  7%

  $536,326,976

• Comparable approach

  Method

  Valuation

  Relative Method

  $513,496,576

  Geo Method

  $1,005,202,560

• Alternative Use

  Use

  Valuation

  Residential

  $487,212,768

  Hospitality

  $446,284,288

  Educational

  $371,303,296

  Medical

  $384,072,960

  Retail

  $577,582,912

Location Insight

City

Johnstown

County

Cambria

State

Pennsylvania

Latitude

40.2944

Longitude

-78.8339

CBSA code

27780

CBSA name

JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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