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480 Glessner Ave
Mansfield, OH 44903
TD Dental | 15 Yr Abs NNN · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Single Tenant Healthcare Investment | New 15 Year Absolute NNN Lease
  • 2024 Practice Expansion | TD Dental expanded into this location after acquiring the existing practice, demonstrating their commitment to the location
  • Multi-Unit Operator | Experienced Management | TD Dental operates multiple locations throughout OH and is led by an experienced group of dentists
  • NNN Lease with Zero Landlord Responsibilities | Hands off, 15-year sale leaseback opportunity
  • 3.00% Annual Rental Increases | Average Return of 9.92%
  • Ideal 1031 Exchange Investment | Zero landlord responsibilities and a new 15-year lease term

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
5,440 SF
Building Class
C
Year Built
1953
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,440 SF
Building FAR
0.31
Lot Size
0.40 AC
Zoning
Office

AMENITIES

  • 24 Hour Access
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 027-02-108-02-000
  • 027-02-009-04-000
  • 027-02-064-03-000
Land Assessment
$11,470
Improvements Assessment
$61,470
Total Assessment
$72,940
  • Listing ID: 31622257

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 480 Glessner Ave, Mansfield, OH 44903

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