Property Type: Retail
Address: 1229 Ashland Road
Mansfield, OH 44905
|CAP Rate: 7.88%|
Square Feet: 49,874
Tenancy Type: National
The Cooper Commercial Investment Group is pleased to announce the sale of Mansfield Plaza, a Save-a-Lot grocery anchored center, which is comprised of three well-known, national tenants (Family Dollar and an AutoZone ground lease).
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the Seller, a private investment group out of California. An Ohio investor purchased the asset for $2,325,000, representing a 7.88% CAP Rate and nearly 98% of the list price.
The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.