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For-Sale Retail Property with Cap Rate
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1418 Mount Vernon Ave., Marion, OH 43302

For-sale retail property with a stated 8.77% cap rate.

Property Size11,920 SF
Days on Market122

Property Features for 1418 Mount Vernon Ave.

General Information

Standard status Active
Size 11,920 SF
Property subtype Retail

Additional Details

Cap Rate 8.77%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This for-sale retail property is offered at a stated 8.77% CAP. The offering is described as retail and totals 11,920 SF.

The property is located at 1418 Mount Vernon Ave. in Marion, OH 43302.

Key Highlights

  • Retail property listed with an 8.77% cap rate
  • 11,920 SF retail building

Property Analytics

Current Use

Lin's LLC Restaurant Iron Chef Steakhouse ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Lee's Famous Recipe Chicken Dining
7,085 visits/mo 0.3 miles
AutoZone Shops & Services
4,567 visits/mo 0.4 miles
Papa John's Pizza Dining
2,638 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
2,410 visits/mo 0.4 miles
Spectrum Shops & Services
2,109 visits/mo 0.4 miles

Demographics for 43302, OH

54,094
Population
22,483
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
88%
High-School Grad
195.0 sq mi
ZIP Area
277
Density / Sq Mi
$53,833
Median Household Income
$36,816
Median Earnings
$853
Median Rent
$139,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property with a stated 8.77% cap rate.
Where is this retail space located?
The property is located at 1418 Mount Vernon Ave. Marion, OH.
What are key features of this property?
This property features: Retail property listed with an 8.77% cap rate; 11,920 SF retail building
(858) 373-3100 Call to check price and availability
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