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Leased Shopping Center with Buildable Pad
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907 Coshocton Avenue, Mount Vernon, OH 43050

100% leased shopping center anchored by Marshalls, newly remodeled, with a buildable pad site secured with tenants in hand.

Property Size44,988 SF
Days on Market122

Property Features for 907 Coshocton Avenue

General Information

Standard status Active
Size 44,988 SF
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 7.35%

Building Details

Tenancy Multi
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Kyle Hartung · License #OH SAL.2003016343
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:06AM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

For sale is the 100% leased, fee simple interest in Mount Vernon Plaza, a 44,988-square-foot shopping center anchored by Marshalls and featuring Shoe Carnival, Maurices, rue21, and Buffalo Wild Wings. The property is being offered as a long-term investment with national credit tenants.

Mount Vernon Plaza was completely remodeled in 2016/2017, including new roof and facade improvements, reflecting the newest tenant prototypes. The center also includes a buildable pad site with tenants in hand, allowing a new multi-tenant building to be capitalized on immediately following acquisition.

Located along Coshocton Avenue (U.S. Route 36) in Mount Vernon, Ohio, the property fronts a corridor with over 20,000 vehicles per day and is surrounded by other national and regional retailers.

Key Highlights

  • 44,988 SF shopping center in Mount Vernon, OH, 100% leased and fee simple interest
  • Anchored by Marshalls and includes Shoe Carnival, Maurices, rue21, and Buffalo Wild Wings
  • New roof and facades plus complete remodel in 2016/2017 with newest tenant prototypes

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Storage Facility Hair Salon

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

Lease Details

20,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43050, OH

29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
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
Rey
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Similar Off Market Nearby

  • Mt Vernon Shopping Plaza 855 Coshocton Ave, Mt Vernon, OH 43050
  • Knox Village Square 1500 Coshocton Ave (US Highway 36, Coshocton Ave, Mt Vernon, OH 43050
  • Coinstar Kiosk | Bitcoin ATM Kroger - Columbus, 855 S Coshocton Ave, Mt Vernon, OH 43050

Frequently Asked Questions

What type of property is this?
Shopping center - 100% leased shopping center anchored by Marshalls, newly remodeled, with a buildable pad site secured with tenants in hand.
Where is this shopping center located?
The property is located at 907 Coshocton Avenue Mount Vernon, OH.
What are key features of this property?
This property features: 44,988 SF shopping center in Mount Vernon, OH, 100% leased and fee simple interest; Anchored by Marshalls and includes Shoe Carnival, Maurices, rue21, and Buffalo Wild Wings; New roof and facades plus complete remodel in 2016/2017 with newest tenant prototypes
(216) 381-8200 Call to check price and availability
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