1245 Park Ave W Mansfield, OH 44906
Single-tenant Little Caesars in Mansfield, Ohio with strong visibility.
Property size:
1,540 SFLot size:
0.77 AcresProperty Features for 1245 Park Ave W
General Information
- Standard status
- Active
- Size
- 1,540 SF
- Lot size
- 0.77 Acres
Source:
Crexi
Listing Agency: Bang Realty Listing Agent: Brian Brockman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Little Caesars Net-Lease Investment Opportunity
This property presents an opportunity to acquire a single-tenant Little Caesars in Mansfield, Ohio. The property is 100% leased on a net-lease basis to a corporate chain with a national presence. The lease commenced in 1986 and has approximately 2.6 years of firm term remaining, with one 5-year renewal option at a 10% rent increase. The property is located along Park Avenue West (State Route 430), a primary commercial corridor in Mansfield, offering visibility and consistent traffic. It is directly adjacent to a Kroger-anchored grocery center and benefits from national co-tenancy, including Firestone, Family Dollar, Taco Bell, Burger King, Arby’s, Verizon, and Chase Bank. Mansfield is a mid-sized Ohio city with access to U.S. Route 30 and Interstate 71, providing connectivity to Columbus, Cleveland, and other major regional markets. The site benefits from local traffic patterns as part of an established commercial corridor surrounded by residential neighborhoods and daily services. The property size is 1540 square feet.
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5609053
- Latitude
- 40.7591509
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Single-tenant Little Caesars in Mansfield, Ohio with strong visibility.
Where is this drive through restaurant located?
The property is located at 1245 Park Ave W Mansfield, OH.
What is the asking price?
The asking price for this property is $628,800.
What are key features of this property?
This property features: - Net-Leased to Corporate Little Caesars: Enjoy passive income from a well-known national brand.; - Strategic Location: High visibility and traffic on Park Avenue West/State Route 430.; - Strong Co-Tenancy: Adjacent to Kroger and near Firestone, Taco Bell, and Chase Bank.
