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Commercial - Mansfield, OH
This fully leased industrial property spans 5.85 acres with 46,250 SF of office & warehouse space, offering a 7.3% cap rate. Built in 2000, it includes 40,000 SF of warehouse space with 4 loading docks, 2 garage bays, a mezzanine, & a restroom. The property features 3 office units. Unit 1 includes 5 offices, a secretary area, waiting room, kitchenette, multiple warehouse access points, & 2 restrooms. Unit 2 consists of 3 offices, an open work area, a kitchenette, & access to 2,000 SF of warehouse space. Unit 3 has 2 offices, an open conference area, storage, kitchenette, & restrooms. An additional tenant leases 5,000 SF of warehouse space. Recent upgrades include new carpet in Units 1 & 3, LED lighting, & a 2020 dock seal replacement. The tenant in Unit 1 may downsize, adding flexibility. All tenants, except the warehouse tenant, are on flat (NNN) leases. Suitable for warehouse, office, ...
This fully leased industrial property spans 5.85 acres with 46,250 SF of office & warehouse space, offering a 7.3% cap rate. Built in 2000, it includes 40,000 SF of warehouse space with 4 loading docks, 2 garage bays, a mezzanine, & a restroom. The property features 3 office units. Unit 1 includes 5 offices, a secretary area, waiting room, kitchenette, multiple warehouse access points, & 2 restrooms. Unit 2 consists of 3 offices, an open work area, a kitchenette, & access to 2,000 SF of warehouse space. Unit 3 has 2 offices, an open conference area, storage, kitchenette, & restrooms. An additional tenant leases 5,000 SF of warehouse space. Recent upgrades include new carpet in Units 1 & 3, LED lighting, & a 2020 dock seal replacement. The tenant in Unit 1 may downsize, adding flexibility. All tenants, except the warehouse tenant, are on flat (NNN) leases. Suitable for warehouse, office, or manufacturing use with stable tenants & strong cash flow, this turnkey investment is a must-see!
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