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Leased Specialty NNN Property
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 Market142

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.

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

Current Use

Michael Fracassa, DPM Physician Dr. Jeffrey Wilson Physician Ciccero Kimberly DPM Physician Gentle Foot Care Medical Clinic Chloe Chisnell Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Electrical Service HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

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
Rey
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
More about this property
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