41 Cairns Rd | Mansfield, OH 44903
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41 Cairns Rd
Mansfield, OH 44903
High Yield, Strong Credit, NNN Logistics · Industrial Property For Sale
Investment Highlights
- High yield NNN logistics facility leased to American Standard, a strong national credit, available at a significant discount to CBRE’s 2023 appraisal.
- American Standard has shown a high level of commitment to this facility over 17 years including recent capital investments and onsite employee growth.
- Ideally located in an industrial alcove adjacent to Mansfield Lahm Regional Airport with easy access to the heavily travelled Route 13.
- Strong lease terms with +3% annual rent increases through April 2030, two 3-year renewals, and tenant responsible for all repairs and maintenance.
- Possesses highly sought after industrial amenities with 35 foot clear heights, 20 docks, three drive-ins, eight levelers, HVAC, and a security system.
PROPERTY FACTS
Amenities
- Security System
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 028-90-037-01-001 | Improvements Assessment | $2,296,470 |
| Land Assessment | $265,660 | Total Assessment | $2,562,130 |
PROPERTY TAXES
Parcel Number
028-90-037-01-001
Land Assessment
$265,660
Improvements Assessment
$2,296,470
Total Assessment
$2,562,130
zoning
| Zoning Code | I-2 (General Impact Industrial District) |
| I-2 (General Impact Industrial District) |
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