INVESTMENT HIGHLIGHTS

• STRONG REGIONAL INDUSTRIAL FUNDAMENTALS – Johnstown offers a strategic location in southwestern Pennsylvania with access to major logistics corridors and a skilled local workforce. The area features affordable operating costs, low competition for industrial space, and growing demand from service and supply chain tenants—making it a smart target for industrial investment.
• DUAL-TENANT INDUSTRIAL INVESTMENT / SIGNIFICANT RENT UPSIDE – The ±37,570 SF building is 100% leased to Best Windows and Hajoca, both paying well below market industrial rents. Hajoca is paying $3.80/SF and Best Windows is paying $2.03/SF, creating a compelling opportunity for future income growth. Both leases include 2.00% annual rent increases, providing built-in inflation protection.
• 2027 VALUE-ADD OPPORTUNITY – 17,076 SF VACANCY – Hajoca has formally notified they will vacate at lease expiration in January 2027, opening up ±17,076 SF for new tenancy. With market rents ranging from $4.00–$8.75/SF, re-leasing this space presents a substantial value-add opportunity to increase cash flow and property value.
• RENT DOUBLING POTENTIAL – BEST WINDOWS – Best Windows’ lease includes multiple option periods. While they provide short-term stability, once those options expire, ownership will have the opportunity to reset the rent to market levels, potentially doubling the current income from this ±20,000 SF space.
• FUNCTIONAL SITE AND RECENT UPGRADES – The building sits on ±1.6 acres and features a practical industrial layout suitable for distribution, storage, or light manufacturing. The parking lot was recently repaved, and the overall condition of the facility is excellent, supporting long-term utility and tenant retention.