Shopping Neighborhood
West Park Shopping Center
1157 Park Ave W, Mansfield, OH 44906
Listing Price: $2,350,000
Investment Overview
157,478 SF Value-Add Community Center in Mansfield, OH (Mansfield MSA = 125K People). Directly Across from Kroger | 10/13 Minutes to Next Two Closest Kroger Stores. 13,242 Cars/Day on Park Ave W (13,242 VPD) | 1,140 Feet of Frontage | 3 Entry-Points, 1 Traffic Signal. 1.5 Miles to US-30 Exit Ramps (3,000-Mile Long Highway From NJ to OR).
West Park Shopping Center
Investment Highlights
- 157,478 SF Value-Add Community Center in Mansfield, OH (Mansfield MSA = 125K People)
- Well-Below Replacement Cost at $15/SF / Opportunity for Asset-Class Conversion or Redevelopment
- $31K NOI Free-Standing NNN Little Caesars Included (+/- $500K Valuation; Opportunity to Re-Plat & Sell)
- Directly Across from Kroger | 10/13 Minutes to Next Two Closest Kroger Stores
- Dense Demographics | 41,258 Residents Within 3-Miles | 71,565 Residents Within 5-Miles
- Neighboring Retail Includes Kroger, Taco Bell, Arby's, Subway, Burger King, Chase Bank, Family Dollar, Walgreens, Firestone, & More
Listing Price: $2,350,000
Investment Highlights
- 157,478 SF Value-Add Community Center in Mansfield, OH (Mansfield MSA = 125K People)
- Well-Below Replacement Cost at $15/SF / Opportunity for Asset-Class Conversion or Redevelopment
- $31K NOI Free-Standing NNN Little Caesars Included (+/- $500K Valuation; Opportunity to Re-Plat & Sell)
- Directly Across from Kroger | 10/13 Minutes to Next Two Closest Kroger Stores
- Dense Demographics | 41,258 Residents Within 3-Miles | 71,565 Residents Within 5-Miles
- Neighboring Retail Includes Kroger, Taco Bell, Arby's, Subway, Burger King, Chase Bank, Family Dollar, Walgreens, Firestone, & More
Investment Overview
157,478 SF Value-Add Community Center in Mansfield, OH (Mansfield MSA = 125K People). Directly Across from Kroger | 10/13 Minutes to Next Two Closest Kroger Stores. 13,242 Cars/Day on Park Ave W (13,242 VPD) | 1,140 Feet of Frontage | 3 Entry-Points, 1 Traffic Signal. 1.5 Miles to US-30 Exit Ramps (3,000-Mile Long Highway From NJ to OR).
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