Melissa Hornbeck

1713 Marion-mt Gilead Road
Marion, OH 43302

$5,300,000

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Listing Details

  • $5,300,000
  • MLS# 226026082
  • Type Commercial - Retail
  • Status Active
  • 1989
    Year Built

Home Value Estimate

Description

Mallard Square is a +/-61,250 SF multi-tenant retail & office shopping center on +/-6.94 acres fronting State Route 95 (Marion-Mt. Gilead Rd), the busiest retail corridor in Marion with 30,000+ vehicles per day. Anchored by Habitat for Humanity and home to 20+ tenants including OhioHealth, State Farm, T-Mobile and Jet's Pizza, the center produces diversified in-place income with an 8.56% cap rate at the asking price, plus value-add upside from vacant suites and below-market rents. Directly across from The Ohio State University-Marion and Marion Technical College (4,200 students), with immediate access to U.S. 23 and co-tenancy alongside Walmart,...read more

Features

  • Built in 1989
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Listed By

Agency Name: Di Lusso Real Estate
Agent Name: Fisal Ikhmayes
Agency Phone: 614-980-9400

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Shown By

Agent Name: Melissa Hornbeck
Agent Phone: (240) 727-5830
Agency Title: Old Colony, REALTORS®

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