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t r a n s l a t e

Social Security Administration Facility | ±8,287 | 7.5% Cap Rate

1287 S Trimble Rd
Mansfield, OH 44907
PRICE : $3,505,493
CAP RATE: 7.5%
PROPERTY TYPE: Office
SITE SIZE: 1.00 Acres
BUILDING SIZE: 8,287 SF
YEAR BUILT: 2003

Highlights

  • Build-to-Suit for SSA in 2003
  • New 10-year GSA lease commenced on 9/10/2023
  • Client-facing location/use
  • Bang Realty- Brian Brockman - OH License #: BRK.2009000214

Description

Call For Offers Deadline - October 17, 2023

Opportunity to acquire a ±8,287 SF, single tenant facility, fully-leased to the Social Security Administration (SSA). The subject property was a build-to-suit for the SSA in 2003 and the GSA signed an initial 20-year lease term. The GSA recently executed a new 10-year lease at the facility. The Mansfield, Ohio SSA location is a client-facing location requiring clients to visit the facility.

The subject property is well-located in Mansfield, Ohio between Lexington Avenue and Cook Road on South Trimble Road. The facility is situated just 7 miles away from the Mansfield Lahm Regional Airport. Mansfield is located 1 hour away from Columbus and 1.5 hours away from Cleveland.

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