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    1502 Executive Dr Saint Marys, OH 45885

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    For Lease
    Contact for pricing

    Former Rite Aid available for lease or redevelopment.

    Property size:
    14,741 SF
    Lot size:
    2.61 Acres

    Property Features for 1502 Executive Dr

    General Information

    Size
    14,741 SF
    Lot size
    2.61 Acres

    Source: Anchor Associates Agent Jason Gibson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Retail Space in St. Marys

    The property is a former Rite Aid situated along State Route 29 in St. Marys, Ohio. The building, totaling 14,741 square feet, is available for lease or redevelopment via ground lease. The site encompasses approximately 2.61 acres off State Route 33 and features two signalized entrances. Nearby Grand Lake St. Marys generates over $150 million in annual revenue and attracts more than 750,000 visitors annually. Retailers in the vicinity include Grocery Outlet, Hobby Lobby, Dollar Tree, GNC, Shoe Sensation, Bath & Body Works, Maurices, Tractor Supply, Goodwill, Ollie’s Bargain Outlet, Advance Auto Parts, and Dollar General. Restaurants in the area include Taco Bell, Arby’s, Subway, McDonald’s, and Beer Barrel Pizza & Grill.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coinhub Bitcoin ATM ... Atm Western Union Money Transfer Service higi Health Consultant James M. Hay, ... Pharmacy Laura A. Cunningham, RPH Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rite Aid Pharmacy, James M. Hay, RPh, Laura A. Cunningham, RPH, Avon by Jodia Long

    Location Insight

    • Map
    • Local Demand
    City
    Saint Marys
    County
    Auglaize
    State
    Ohio
    Longitude
    -84.4091488
    Latitude
    40.5528769

    Nearby Similar for Lease

    • $6 SF/Yr
      238,839 SF

      St. Mary's Square Retail/Office

      Prime Ohio location, high traffic, diverse tenants
      1292 Indiana Ave, Saint Marys, OH 45885
      View Details
    • Contact for pricing
      9,053 SF

      St. Mary's Retail Space Available

      High-visibility retail space; flexible layouts.
      201 High St, Saint Marys, OH 45885
      View Details

    FAQs

    What type of property is this?
    Drug store - Former Rite Aid available for lease or redevelopment.
    Where is this drug store located?
    The property is located at 1502 Executive Dr Saint Marys, OH.
    What are key features of this property?
    This property features: - High-traffic location on State Route 29 in St. Marys, Ohio.; - Redevelopment or ground lease opportunity.; - **2.61 acre pad site with two signalized entrances off State Route 33.**
    (513) 784-1106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 Executive Dr Saint Marys, OH 45885
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