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147 Mansfield Ave
Shelby, OH 44875
La Campesina · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,400 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
163’ on Mansfield Ave

Amenities

  • Pylon Sign
  • Signage

About 147 MANSFIELD AVE , SHELBY, OH 44875

Marcus & Millichap is pleased to present the fee simple interest in the single tenant La Campesina Mexican restaurant in Shelby, Ohio. La Campesina has been a successful tenant since 2013, and recently signed a Six year lease extension early, showing commitment to the site. This free standing restaurant sits on a .92 acre parcel, with excellent visibility and frontage to OH-39 where the traffic count exceeds 20,000 cars per day. Many local businesses within a 1.5 Mile radius support the restaurant, such as MTD Products, Inc. with 500 employees, UPS Freight, North Central State College (3,500 students), and more. La Campesina offers an Absolute Triple Net Lease in which the landlord has zero management responsibilities. The rent per square foot is $12.35 which well in line with the market. The lease also does not have any built-in tenant options, giving the landlord leverage at the end of the six year term. The roof and parking lot are in good condition. This multi-unit operator has also been successful in his La Campesina location in Willard, OH and El Sol Mexican American Restaurants across Ohio. Shelby Oh is located 70 Miles North of Columbus, Oh and just 12 miles from Mansfield, Oh.

Property Taxes

Property Taxes

Parcel Number
017-80-212-05-000
Land Assessment
$18,520
Improvements Assessment
$83,660
Total Assessment
$102,180
  • Listing ID: 13868829

  • Date on Market: 9/24/2018

  • Last Updated:

  • Address: 147 Mansfield Ave, Shelby, OH 44875

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