Leased Specialty NNN
For Sale
Contact for pricing
Pending
381 Cline Avenue, Mansfield, OH 44907
Specialty NNN property leased through end of 2025 with renewal options and scheduled parking lot resurfacing.
Property SizeContact for details
Days on Market143
Property Features for 381 Cline Avenue
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
9.4%
Listing Agency:
Hanna Commercial Real Estate
Listed By:
Cole Griesinger · License #OH SAL.2018002514
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 28 at 9:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate
Investment Insights
Based on property information with market context.
This leased specialty NNN property is currently occupied under a lease through December 31, 2025, with two additional two-year options. Base rent is $2,750 per month plus $733.59 per month for taxes and insurance. The lease originated January 1, 2021 through December 31, 2025, and includes 2% annual increases beginning in year 3. Net operating income is reported as $33,000, offering a stated 9.4 cap rate. The parking lot is planned to be resurfaced before the sale of this location.
The current tenant is Gentle Foot Care, LLC.
This property may also be available as part of a package offering with another specified location.
The current tenant is Gentle Foot Care, LLC.
This property may also be available as part of a package offering with another specified location.
Key Highlights
- Specialty NNN property currently leased through 12/31/2025 with two 2‑year options
- Tenant: Gentle Foot Care, LLC (lease originated 01/01/2021–12/31/2025)
- Current base rent of $2,750/month plus $733.59/month for taxes and insurance
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
Demographics for 44907, OH
15,014
Population
7,798
Households
1.9
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
1,925
Density / Sq Mi
$44,033
Median Household Income
$34,528
Median Earnings
$788
Median Rent
$130,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Specialty NNN property leased through end of 2025 with renewal options and scheduled parking lot resurfacing.
Where is this 1031 exchange property located?
The property is located at 381 Cline Avenue Mansfield, OH.
What are key features of this property?
This property features: Specialty NNN property currently leased through 12/31/2025 with two 2‑year options; Tenant: Gentle Foot Care, LLC (lease originated 01/01/2021–12/31/2025); Current base rent of $2,750/month plus $733.59/month for taxes and insurance
