West Park Shopping Center

Mansfield | OH

Offering Summary

  • Status: active
  • Price: $2,350,000
  • Price Per SF: $15
  • GLA: 157,478 SF
  • Price/SF: $15
  • Year(s) Built: 1956
  • Year(s) Renovated: 1984
  • Lot Size (Acres): 17.402
  • Major Tenants: Safelite Fulfillment, Comfrey Corner, Little Caesars
  • 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
  • 1.75 Miles to Walmart Supercenter (Only Walmart in Mansfield)
  • 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)
  • Dense Demographics | 41,258 Residents Within 3-Miles | 71,565 Residents Within 5-Miles
  • 1.5 Miles to Lexington-Springmill Road (Mansfield’s Top Retail Corridor)
  • Mansfield is Equidistant 1-Hour From Cleveland and Columbus Suburbs
  • 1 Mile to Mansfield Senior High School | 815 Students, 303K SF State-of-the-Art Facility
  • Consumer Spending of $415M Within 3-Miles | $700M Within 5-Miles
  • Neighboring Retail Includes Kroger, Taco Bell, Arby’s, Subway, Burger King, Chase Bank, Family Dollar, Walgreens, Firestone, & More
  • Mansfield Serves as the County Seat of Richland County | Located in Between Cleveland and Columbus | Incorporated in 1828
EXCLUSIVELY LISTED BY:

Jared Brown

Associate