Little Caesar's 1245 Park Ave W 1,566 SF Retail Building Mansfield, OH 44906 $628,000 ($401.02/SF) 5% Cap Rate

We are pleased to present an opportunity to acquire a single-tenant, feesimple Little Caesars in Mansfield, Ohio, 100% leased on a net-lease basis to a corporate chain with a national footprint. The lease commenced in 1986 and features approximately 2.6 years of firm term remaining, with one 5-year renewal option at a 10% rent increase, showcasing tenant longevity providing built-in income growth and inflation protection.
The property is strategically located along Park Avenue West (State Route 430), one of Mansfield’s primary east–west commercial corridors, offering strong
visibility and consistent traffic flow. The property is directly adjacent to a Kroger-anchored destination grocery center and benefits from strong national
co-tenancy, including Firestone, Family Dollar, Taco Bell, Burger King, Arby’s, Verizon, and Chase Bank - underscoring the corridor’s proven retail demand
and long-term viability. Mansfield is a centrally positioned, mid-sized Ohio city with direct access to U.S. Route 30 and Interstate 71, providing convenient connectivity to Columbus, Cleveland, and other major regional markets. As part of an established commercial corridor surrounded by residential neighborhoods
and daily services, the site benefits from durable local traffic patterns rather than reliance on destination retail. This investment combines a recognizable
national brand, passive net-lease structure, and strong roadway fundamentals, making it a compelling net lease opportunity in a strong Midwestern market
supported by a diverse local employment base.