Shopping Regional
Marion Centre Redevelopment
1509 Marion-Waldo Rd, Marion, OH 43302
Listing Price: $4,000,000
Gross SF
                                    
                                        415,274
                                    
                                Rentable SF
                                    
                                        415,274
                                    
                                Price/Gross SF
                                    
                                        $9.63
                                    
                                Lot Size
                                    
                                        35.90 acres
                                    
                                Year Built
                                    
                                        1965
                                    
                                Investment Overview
Marcus & Millichap is pleased to present the offering for the 415,274-SF Marion Center Redevelopment Opportunity in the Columbus, OH MSA.
Investment Highlights
- 17% Occupied Regional Mall | 415,274-SF Total Area on a Large +/-35.9 Acre Lot | Mix of National and Local Tenants Including Dollar Tree and a 7 Screen Movie Theater
 - Development Opportunity With 4 Additional Out-Parcels | B-2 Community Business District Zoning Allows for a Wide Range of Planned Development Shopping Centers, General Retail, Grocery, Motel, & More
 - High Visibility With Multiple Points of Ingress and Egress Near a Signalized Intersection | Former Sears Anchor Box Sold in 2021 and Repositioned as Marion Self Storage – 80% Occupied Today
 - Near Multiple National Tenants Such as McDonald's, Kroger, Tractor Supply, Walgreens, Wendy's, Taco Bell, Verizon, Speedway, Family Dollar and More
 - 2 Miles From Downtown Marion and 3 Miles From The Ohio State University at Marion Campus and Marion Technical College With 3,700+ Students
 - 4 Miles Off of US-23, a Major US Highway Running Through Columbus into the Toledo Metro Area | Positioned Along Marion-Waldo Road, Seeing Over 16,000 Vehicles Per Day Running Through Downtown Marion
 - Marion is 45 Minutes From Downtown Columbus and is a Part of the Columbus Ohio Metropolitan Statistical Area With a Population Of Over 2.1 Million
 - 1 Mile From OhioHealth Marion General Hospital, a Major 250 Bed Hospital Serving the Marion Area and 1 Mile From OhioHealth Marion Outpatient Medical Campus
 
Exclusively Listed By
Broker of Record
- 
                                
Michael L. Glass
Executive Managing Director / Chief Revenue Officer 
Listing Price: $4,000,000
Gross SF
                                        
                                            415,274
                                        
                                    Rentable SF
                                        
                                            415,274
                                        
                                    Price/Gross SF
                                        
                                            $9.63
                                        
                                    Lot Size
                                        
                                            35.90 acres
                                        
                                    Year Built
                                        
                                            1965
                                        
                                    Investment Highlights
- 17% Occupied Regional Mall | 415,274-SF Total Area on a Large +/-35.9 Acre Lot | Mix of National and Local Tenants Including Dollar Tree and a 7 Screen Movie Theater
 - Development Opportunity With 4 Additional Out-Parcels | B-2 Community Business District Zoning Allows for a Wide Range of Planned Development Shopping Centers, General Retail, Grocery, Motel, & More
 - High Visibility With Multiple Points of Ingress and Egress Near a Signalized Intersection | Former Sears Anchor Box Sold in 2021 and Repositioned as Marion Self Storage – 80% Occupied Today
 - Near Multiple National Tenants Such as McDonald's, Kroger, Tractor Supply, Walgreens, Wendy's, Taco Bell, Verizon, Speedway, Family Dollar and More
 - 2 Miles From Downtown Marion and 3 Miles From The Ohio State University at Marion Campus and Marion Technical College With 3,700+ Students
 - 4 Miles Off of US-23, a Major US Highway Running Through Columbus into the Toledo Metro Area | Positioned Along Marion-Waldo Road, Seeing Over 16,000 Vehicles Per Day Running Through Downtown Marion
 - Marion is 45 Minutes From Downtown Columbus and is a Part of the Columbus Ohio Metropolitan Statistical Area With a Population Of Over 2.1 Million
 - 1 Mile From OhioHealth Marion General Hospital, a Major 250 Bed Hospital Serving the Marion Area and 1 Mile From OhioHealth Marion Outpatient Medical Campus
 
Investment Overview
Marcus & Millichap is pleased to present the offering for the 415,274-SF Marion Center Redevelopment Opportunity in the Columbus, OH MSA.
Exclusively Listed By
Broker of Record
- 
                                
Michael L. Glass
Executive Managing Director / Chief Revenue Officer