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The Forum Shopping Center I & II

Market Price

1559-1677 Marion Mount Gilead Road, Marion, OH 43302

Active
Last Updated: 02/22/2025

8.07

Cap Rate

1,211,198.29

NOI

Details:
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
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%
Description:

Retail for Lease

None

Map:
5 Spaces Available

1605 Marion Mount Gilead Road Community Center

Available:
Immediately
Sublease:
No
SQFT
900
Lease Rate:
$0/sqft/yr
Lease Type:
Gross

1597 Marion Mount Gilead Road Community Center

Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Rate:
$0/sqft/yr
Lease Type:
Gross

1563 Marion Mount Gilead Road Community Center

Available:
Immediately
Sublease:
No
SQFT
13,627
Lease Rate:
$0/sqft/yr
Lease Type:
Gross

1623 Marion Mount Gilead Road Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
1,150
Lease Rate:
$0/sqft/yr

1615 Marion Mount Gilead Road Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
44,827
Lease Rate:
$0/sqft/yr
Documents:
Title
Lease Brochure (L)
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Location
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