1380 Lexington Ave - Freestanding FOR SALE


Mansfield, OH 44907
$4,471,000 USD
214-560-6900
1380 Lexington Ave, Mansfield, OH for Sale
$4,471,000 USD
Freestanding - FOR SALE
1/8
null | 8.5% Cap Rate

1380 Lexington Ave
Mansfield, OH 44907


HIGHLIGHTS

  • Corporate Signed Lease | Signalized, Hard Corner Intersection | Excellent Visibility & Access | Drive-Thru Equipped
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Appleseed Center | Top-Ranked Kroger | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• Walgreens Corporate signed lease • 4+ years of initial term remaining • The asset is located at the signalized, hard corner intersection of Lexington Ave and S Trimble Rd, providing the site with excellent visibility and multiple points of access • Lexington Ave and S Trimble Rd combine to average over 27,200 vehicles passing by daily

FOR SALE DETAILS

PRICE

$4,471,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens (Subleased to Family Dollar)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,630 SF

ZONING

B-2

APN/PARCEL ID

056-92-195-06-000

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.