41 Cairns Rd - Warehouse FOR SALE
Mansfield, OH 44903 |
41 Cairns Rd
Mansfield, OH 44903
HIGHLIGHTS
- The property is 100%-leased to American Standard for more than 12 years, and there is a pending long-term renewal in process.
- In the City of Mansfield, the county seat of Richland County, and ideally positioned equidistant between Cleveland (70 miles) and Columbus (65 miles).
- American Standard is a subsidiary of the Lixil Group, a Japanese-based company, with investment-grade credit of A/stable.
- Part of the Richland County industrial market, which had a vacancy rate of 3.3% at the end of the first quarter of 2021.
- Well-positioned for American Standard’s business since it features both manufacturing and warehouse components with excellent industrial amenities.
- This 21.43-acre property is large enough to provide future expansions to the facility should American Standard expand its operations.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
American Standard
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
UTILITIES
-
CLEAR CEILING HT
35 Ft
DOCKS
20
DRIVE INS
3
PARKING SPACES
131
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
028-90-037-01-001
