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1157 PARK AVE W
1157 Park Ave W
Mansfield, OH
Marcus & Millichap is pleased to bring to market West Park Shopping Center, a 157,477-square foot retail center located in Mansfield, Ohio. The subject property consists of three retail buildings situated on approximately 19 acres of land. The center is currently 86 percent occupied by a variety of local and national tenants. West Park Shopping Center is currently priced at $26.67 per square foot which is well below replacement costs. The proposed financing terms including a 30 percent down payment will create a 15.49 percent cash-on-cash return to the investor.
West Park Shopping Center's current major tenancy includes Dollar General Market, Dunham's Sports, Citi Trends, Rose's Beauty Supply, Rent A Center, Little Caesars, National Cash Advance, Midas Automotive, and the Ohio Department of Public Safety. These tenants comprise 56 percent of the current occupancy and are responsible for 62 percent of the gross rent income of the center. Fifteen tenants who occupy 31 percent of the gross leasable area have been at the center for at least 10 years. In total, there are currently 28 tenants, which are leased to either triple-net or gross terms.
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1288 North Broad Street
1288 N Broad St
Fairborn, OH
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15684 Broadway Avenue
15880 Broadway Ave
Maple Heights, OH
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18 Midway Plaza
Tallmadge, OH
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7300 Saint Clair Avenue
7300 Saint Clair Ave
St. Claire-Superior, Cleveland, OH
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6000 Royalton Road
6000 Royalton Rd
North Royalton, OH
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4341 East 131st Street
4341 E 131st St
Garfield Heights, OH
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927 North Cable Road
927 N Cable Rd
Lima, OH
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2200 Allentown Road
2200 Allentown Rd
Lima, OH
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3219 Tremont Road
3233 Tremont Rd
Upper Arlington, OH
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395 Martin Street
395 Martin St
Greenville, OH
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1987 Tiffin Avenue
1981 Tiffin Ave
Findlay, OH
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1257 Log Pond Drive
1257 Log Pond Dr
Newark, OH
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933 Hopley Avenue
933 Hopley Ave
Bucyrus, OH
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22690 Shore Center Drive
22690 Shore Center Dr
Euclid, OH
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2575 walter green cmns
2575 Walter Green Cmns
Madison, OH
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22501 Shore Center Drive
22501 Shore Center Dr
Euclid, OH
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25 Springwood Drive
25 Springwood Dr
Springboro, OH
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5567 Bigger Road
5567 Bigger Rd
Dayton, OH
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5737 Bigger Road
5737 Bigger Rd
Dayton, OH
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710 West National Road
710 W National Rd
Vandalia, OH
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409 North Main Street
409 N Main St
New Carlisle, OH
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4321 N. Main
4321 N Main St
Dayton, OH
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2822 Philadelphia Drive
Dayton, OH
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13998 Cedar Road
13998 Cedar Rd
University Heights, OH
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West Bagley Road
371 W Bagley Rd
Berea, OH
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725 West Central Avenue
725 W Central Ave
Springboro, OH
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1390 North Portage Path
1390 N Portage Path
Merriman Valley, Akron, OH
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866 West Wilbeth Road
894 W Wilbeth Rd
Kenmore, Akron, OH
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4785 Dixie Highway
4785 Dixie Hwy
Fairfield, OH
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2449 Harrison Avenue
Westwood, Cincinnati, OH
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801 West Central Avenue
801 Central Ave
Carlisle, OH
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4441 West Franklin Street
4441 W Franklin St
Bellbrook, OH
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Mentor Avenue
8840 Mentor Ave
Mentor, OH
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375 Lear Road
375 Lear Rd
Avon Lake, OH
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34325 Center Ridge Road
34325 Center Ridge Rd
North Ridgeville, OH
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6887 Ridge Road
6887 Ridge Rd
Parma, OH
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Sugarcreek Plaza I
6124 Wilmington Pike
Dayton, OH
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675 North University Boulevard
675 N University Blvd
Middletown, OH
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3495 Belmont Avenue
3495 Belmont Ave
Youngstown, OH
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3135 Belmont Avenue
3135 Belmont Ave
Youngstown, OH
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919 Cherry Street East
919 Cherry St E
Canal Fulton, OH
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1290 North Shoop Avenue
1290 N Shoop Ave
Wauseon, OH
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44408 Ohio 14
Columbiana, OH
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541 West Wooster Street, #c
541 W Wooster St
Bowling Green, OH
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106 West 3rd Street
106 W 3rd St
Perrysburg, OH
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1616 East Wooster Street
1616 E Wooster St
Bowling Green, OH
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13003 Eckel Junction Road
13003 Eckel Junction Rd
Perrysburg, OH
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6985 East Main Street
6985 E Main St
Reynoldsburg, OH
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297 South Main Street
297 S Main St
Oberlin, OH
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Market Stats
Ohio has 20,778 commercial real estate spaces for lease, representing 320,928,872 sqft space.
8875 buildings are available for sale.
In the past 30 days, Ohio has had 2539 spaces leased and 21 new spaces come on market.
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