FOR SALE
$350,000

381 Cline Avenue
Mansfield, OH 44907

Business Opportunities
Commercial
2,123
Sq. Ft.
0.18
Acre Lot
Courtesy: Cole Griesinger - Hanna Commercial, LLCBroker Phone: 6148883456Agent: Agent Phone:
Agent Websites> Ohio> Mansfield> 44907
**Please be discreet and do not disturb the ongoing business or employees** This is a fantastic opportunity for an I.R.S Section 1031 Like-Kind Exchange replacement property. The property is currently leased through the end of 2025 with two 2-year options, to Gentle Foot Care, LLC. The current base rent is $2,750 per month plus $733.59 per month in Taxes and Insurance. Net operating income is $33,000 offering a 9.4 cap rate. Beginning year 3 the lease contains 2% annual increases. Lease originated 01/01/2021 through 12/31/2025. Can be sold as a package with the 3255 E. Livingston location ($825,000). Strong tenant with over 13 locations in the State of Ohio. The parking lot will be resurfaced before the sale of this location.
223002474
Business Opportunities, 1 Story
Richland
1987
0.18 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Cole Griesinger - Hanna Commercial, LLCBroker Phone: 6148883456Agent: Agent Phone:
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