| 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.
