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Marietta, OH - CheckSmart

$550,000

234 Pike St, Marietta, OH 45750

Active
Last Updated: 10/10/2025

8.18

Cap Rate

45,000

NOI

Details:
Cap Rate:    8.18%
NOI:    $45,000
Building Size:    1,300 sqft
Lot Area:    0.66 acres
Occupancy:    100%
Year Built:    1959
Zoning:    C-3 - General Retail & Service District
Year Last Renovated:    2003
Description:

• Approximately 4 years remaining with 3 (5-year) option periods to extend
• Features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation

• Located just down the road from Lafayette Center, a 139,000 square foot shopping center with major tenants including Ollie’s Bargain Outlet, Planet Fitness, Harbor Freight Tools, and more
• Positioned just east of a major north/south travelling highway averaging 21,300 vehicles passing by daily
• Situated west of Washing Shopping Center, a 58,000 square foot center anchored by Kroger
• Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Lowe’s Home Improvement, Big Lots, Tractor Supply Co, Family Dollar, and more, further increasing consumer traffic to the site
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
Location