Two-Tenant Drug Store
For Sale
Contact for pricing
525 W Marion Road, Mount Gilead, OH 43338
Two occupants operate under double-net lease structures at this established retail property.
Property Size37,182 SF
Lot Size5.01 Acres
Price / SF$85.36
Days on Market188
Property Features for 525 W Marion Road
General Information
Standard status
Active
Size
37,182 SF
Lot size
5.01 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$238,045
Building Details
Year Built
1987
Buildings
1
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
Horvath & Tremblay Tampa
Listed By:
Chris King · License #FL 3359988
Source:
Crexi
Added: Apr 11
Changed: Oct 8
Last Checked: Oct 14 at 10:44PM
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 Horvath & Tremblay Tampa
Investment Insights
Based on property information with market context.
This two-tenant retail property contains 37,182 square feet within a 5.01-acre parcel. Discount Drug Mart has operated at the site since 2009 and recently extended its lease for 10 years. Dollar Tree has occupied the property since 2015 and exercised its first option. Both leases are structured as double net.
The property is located at 525 West Marion Road in Mount Gilead, Ohio, within the community’s commercial center. It is adjacent to Kroger, identified as the town’s only grocery store. Two additional pad sites at the property are occupied by McDonald’s and AutoZone; those businesses are not included in the offering.
The property is located at 525 West Marion Road in Mount Gilead, Ohio, within the community’s commercial center. It is adjacent to Kroger, identified as the town’s only grocery store. Two additional pad sites at the property are occupied by McDonald’s and AutoZone; those businesses are not included in the offering.
Key Highlights
- 37,182‑square‑foot building on a 5.01‑acre parcel
- Two‑tenant retail property with Discount Drug Mart and Dollar Tree
- Double‑net lease structures for both occupants
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 43338, OH
10,423
Population
4,510
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
95.1 sq mi
ZIP Area
110
Density / Sq Mi
$69,794
Median Household Income
$41,084
Median Earnings
$821
Median Rent
$212,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drug store - Two occupants operate under double-net lease structures at this established retail property.
Where is this drug store located?
The property is located at 525 W Marion Road Mount Gilead, OH.
What is the asking price?
The asking price for this property is $3,173,933.
What are key features of this property?
This property features: 37,182‑square‑foot building on a 5.01‑acre parcel; Two‑tenant retail property with Discount Drug Mart and Dollar Tree; Double‑net lease structures for both occupants
