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331 N Lexington Springmill Rd
Ontario, OH 44906 Mansfield

Price Upon Request

Storefront For Sale  •  54,116 SF

Property Details

  • Property Type Storefront
  • Total Building Size 54,116 SF
  • Lot Size 4.95 AC
  • Building Class B
  • Year Built 1993
  • Tenancy Multiple
  • Zoning Retail
0 Transit Score
29 Walk Score

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.

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes