The Forum Shopping Center I & II

1559-1677 Marion Mount Gilead Road, Marion, OH

Market Price

Price

8.07%

Cap Rate

$1,211,198.29

NOI

Gallery
Street
Map
Overview
Cap Rate
8.07%
NOI
$1,211,198.29
Building Size
161,573 sqft
Lot Area
16.269 acres
Units
22
Year Built
1976
Floors
1
Parking Spots
533
Description

Retail for Lease

None

Highlights
  • 91% occupied with lease-up potential
  • Below market rent in place for numerous tenants including Big Lots and Panera
  • Excellent access to surrounding metro areas via U.S. 23
  • Adjacent to The Ohio State University at Marion and Marion Technical College, with a combined student enrollment of 4,200
  • State Route 95 | 30,000+ VPD
  • Cash-on-cash return of 11.96%
3 Spaces Available

1563 Marion Mount Gilead RoadCommunity Center

Available:
Immediately
Sublease:
No
SQFT
13,627
Lease Type:
Gross

1597 Marion Mount Gilead RoadCommunity Center

Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Type:
Gross

1605 Marion Mount Gilead RoadCommunity Center

Available:
Immediately
Sublease:
No
SQFT
900
Lease Type:
Gross
Documents
Location
Gallery