Retail Space
1680 Marion-Mt Gilead Road Marion, OH 43302
Details & Description
Price: $4,000,000
    The Gilbert Group is pleased to present a fantastic opportunity to own 100% fee simple interest in The Marion SAB Shopping Center, a multi-tenant retail center located in Marion, Ohio. The subject property is an 83,066 square foot power center located on the north side of Marion-Mt. Gilead Rd., just west of the intersection with State Route 23. Marion-Mt. Gilead Rd. (State Route 95) is the main retail corridor servicing Marion, Ohio. The shopping center is currently 100% occupied, with national co-tenants including T.J. Maxx, Office Depot and Rent-A-Center. The center offers upside by way of increasing below market rents, as well as development of excess land (self storage). This is a rare opportunity to acquire a stabilized power center priced below replacement cost.
    Listing Agents
    Michael Nolan

    O: 614-228-2222
    M: 614-674-6942
    mnolan@gilbertgrouprealestate.com
    Joe Nazar
    Gilbert Group Retail Real Esta
    O: 614-228-2222
    M: 614-674-5523
    jnazar@gilbertgrouprealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1680 Marion-Mt Gilead Road

    Marion, OH 43302

    Listing ID: 237628
    • 1680 Marion-Mt Gilead Road Marion, OH 43302 | for Sale | Photo 1
    • 1680 Marion-Mt Gilead Road Marion, OH 43302 | for Sale | Photo 2
    • 1680 Marion-Mt Gilead Road Marion, OH 43302 | for Sale | Photo 3
    1680 Marion-Mt Gilead Road | for Sale | Thumbnail 1
    1680 Marion-Mt Gilead Road | for Sale | Thumbnail 2
    1680 Marion-Mt Gilead Road | for Sale | Thumbnail 3
    Building Size: 83,066 SF
    Lot Size: 9.630 AC
    Land Size: 419,482 SF
    Building $/SF: $48.15
    Land $/SF: $9.54
    Price
    $4,000,000
    Description

    The Gilbert Group is pleased to present a fantastic opportunity to own 100% fee simple interest in The Marion SAB Shopping Center, a multi-tenant retail center located in Marion, Ohio. The subject property is an 83,066 square foot power center located on the north side of Marion-Mt. Gilead Rd., just west of the intersection with State Route 23. Marion-Mt. Gilead Rd. (State Route 95) is the main retail corridor servicing Marion, Ohio. The shopping center is currently 100% occupied, with national co-tenants including T.J. Maxx, Office Depot and Rent-A-Center. The center offers upside by way of increasing below market rents, as well as development of excess land (self storage). This is a rare opportunity to acquire a stabilized power center priced below replacement cost.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Columbus History of Retail Space for Sale

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    Marion Area Market Trends

    Listing Demographics for 1680 Marion-Mt Gilead Road Marion, OH 43302

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,04930,72648,552
    Population Median Age444040
    Population by Age0-9 Yrs303 (9%)3752 (12%)5489 (11%)
    10-19 Yrs359 (11%)3841 (12%)5726 (11%)
    20-29 Yrs296 (9%)4166 (13%)6729 (13%)
    30-39 Yrs319 (10%)3988 (12%)6746 (13%)
    40-49 Yrs379 (12%)3620 (11%)6096 (12%)
    50-59 Yrs416 (13%)4014 (13%)6629 (13%)
    60-69 Yrs404 (13%)3690 (12%)5779 (11%)
    70+ Yrs573 (18%)3654 (11%)5358 (11%)
    Median HH Income$53,989$43,001$42,429
    Total Household Income< 24K312 (21%)3697 (29%)5257 (29%)
    25-49K359 (25%)3344 (26%)4978 (27%)
    50-74K325 (22%)2448 (19%)3385 (18%)
    75-99K163 (11%)1466 (11%)2029 (11%)
    100-199K223 (15%)1376 (10%)2084 (11%)
    200K+42 (2%)220 (1%)376 (2%)
    Highest Education LevelNo Diploma23926544725
    Diploma or GED755871414907
    Some College50750438071
    Assoc. Degree19516522423
    Bachelors Degree32618822597
    Higher Degree19411121459
    Total Housing Units1,50214,23720,445
    --Owner-Occupied8426,89910,769
    --Renter-Occupied5825,6537,342
    Owner-Occupied Values< 100K23240096406
    100-199K49022973249
    200-299K109479788
    300-399K969207
    400-499K21450
    500K+03068
    Total Working Age Population2,53924,49239,310
    In Work Force1,50514,02920,233
    Not In Work Force1,03510,46319,077
    Workforce Employed1,42312,91918,592
    Workforce Unemployed791,0941,608
    Civlian Workforce1,50214,01320,200
    Military Workforce31633
    Total Households1,42412,55218,111
    Family Households7407,24610,979
    Non-Family Households6845,3067,132
    Married Couple5975,0047,569
    Other Family1432,2423,410
    Married w/Child1761,7882,652
    Single Male w/Child2271384
    Single Female w/Child791,0191,522

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Marion County66,217066,501-463,840-262,400
    Morrow County31,628+1034,827034,870-134,540

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1680 Marion-Mt Gilead Road in Marion?
    The asking price for 1680 Marion-Mt Gilead Road is $4,000,000
    What is the building size of this Retail property in Marion, OH?
    The size of the building/unit at 1680 Marion-Mt Gilead Road in Marion is 83,066 square feet
    How much land does the Marion, OH property at 1680 Marion-Mt Gilead Road include?
    1680 Marion-Mt Gilead Road in Marion includes 9.630 acres of land
    What kind of Retail is the propery at 1680 Marion-Mt Gilead Road?
    The property at 1680 Marion-Mt Gilead Road Marion, OH 43302 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 1680 Marion-Mt Gilead Road in Marion?
    The population within 1 mile of 1680 Marion-Mt Gilead Road Marion, OH 43302 is 3,049 people.
    Who do I contact for questions about 1680 Marion-Mt Gilead Road?
    You should contact the listing agent, Michael Nolan, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John Glenn Columbus International Airport (CMH) 42
    Rickenbacker International Airport (LCK) 54
    James M Cox Dayton International Airport (DAY) 76