Property Overview
Price/Rent PSF $ 4,000,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 83,066
Date Available 06/10/2019
Additional URL Link
Additional parameters Show
Search Demographic Data Explore financing options

Contact

Description

Location
Located in Marion County

Sale
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.

Location