208 Central Avenue - 208 Central Ave, Mansfield, OH 44905

100% LEASED INDUSTRIAL BUILDING IN MANSFIELD! Rare opportunity to purchase 100% leased industrial building in Mansfield, OH. Mansfield is north of Columbus and experiencing rapid growth with the new $20 billion Intel facility in close proximity.
Commercial Cutting leases the space and has been in the building for over 20 years. The business has seen consistent growth and financials are available upon a signed NDA. Price below replacement cost, this is a great NNN option at a rare 9.32% cap rate. Tenant has 5 years left on their lease but a early termination option following year 2. That being said, the long-term tenant has no intention of leaving. This opportunity won’t last long due to the low price per square foot and healthy yield.