1081 Mt Vernon Ave Marion, OH 43302-5643
This exceptional 11,000-square-foot commercial property, formerly a Rite Aid, presents a unique opportunity for lease or sale. Situated on a 1.66-acre lot at 1081 Mount Vernon Avenue in Marion, Ohio (zip code 43302), this single-tenant space offers unparalleled visibility and accessibility. The building is located in the heart of Marion's bustling retail corridor, directly off Route 23, boasting impressive daily traffic counts exceeding 19,000 vehicles. Its strategic location places it amongst a strong roster of national retailers including Walmart, Lowe's, Kohl's, Kroger, TJ Maxx, Hobby Lobby, Meijer, and Menards, ensuring high foot traffic and brand recognition. The property is suitable for various uses, including retail, office, or restaurant establishments. The entire 11,000 square feet is currently vacant and available, offering flexibility for customization to meet specific business needs. The property's size is also divisible, allowing for potential multi-tenant occupancy. This prime location and versatile space make it an ideal investment for businesses seeking a prominent presence in a thriving retail market. Inquire today to learn more about this exceptional opportunity.
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higi Physician
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Rite Aid Pharmacy Pharmacy
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Dennis A. Boerger, RPH Pharmacy
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Luke Henry, RPh Pharmacy
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.