331 N Lexington Springmill Rd - Storefront FOR SALE
Ontario, OH 44906 |
331 N Lexington Springmill Rd
Ontario, OH 44906
HIGHLIGHTS
- TOP-RANKED WALMART SHADOW – The subject property is shadow-anchored by one of the strongest Walmart Supercenters in Ohio.
- IMMEDIATE UPSIDE POTENTIAL – Currently there is 30% of vacancy, and after implementing reasonable market and leasing assumptions.
- STABLE ANCHOR TENANTS – The three largest tenants: Dollar Tree, Cato, and Hong Kong Buffet occupy 41% of the center.
- DENSE RETAIL CORRIDOR HUB – Within a 2-mile stretch of Lexington-Springmill Rd, the subject property’s street.
- INELASTIC REVENUE DRIVERS – Manufacturing is the largest industry by employment in Mansfield, with approximately 3,500 workers.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Applewood Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
54116
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
038-60-175-15-001
