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41 Cairns Rd
Mansfield, OH 44903
High Yield, Strong Credit, NNN Logistics · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • High yield NNN logistics facility leased to American Standard, a strong national credit, available at a significant discount to CBRE’s 2023 appraisal.
  • American Standard has shown a high level of commitment to this facility over 17 years including recent capital investments and onsite employee growth.
  • Ideally located in an industrial alcove adjacent to Mansfield Lahm Regional Airport with easy access to the heavily travelled Route 13.
  • Strong lease terms with +3% annual rent increases through April 2030, two 3-year renewals, and tenant responsible for all repairs and maintenance.
  • Possesses highly sought after industrial amenities with 35 foot clear heights, 20 docks, three drive-ins, eight levelers, HVAC, and a security system.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 20.00 AC
Rentable Building Area 187,386 SF
No. Stories 1
Year Built 1995
Tenancy Single
Parking Ratio 0.7/1,000 SF
Clear Ceiling Height 35’
No. Dock-High Doors/Loading 20
No. Drive In / Grade-Level Doors 3
Zoning I-2 - General Impact Industrial District
Parcel Number 028-90-037-01-001

AMENITIES

  • Security System
  • Storage Space
  • Air Conditioning
  • Listing ID: 27024294

  • Date on Market: 11/2/2022

  • Last Updated:

  • Address: 41 Cairns Rd, Mansfield, OH 44903

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