For Sale
Request a price328 Mcmahan Blvd Marion, OH 43302
Ohio Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Strong leasing momentum with a 12,000 sq ft lease-up, including a 10-year deal with Five Below starting May 2024.
- 91% of GLA occupied by national credit tenants; 4,220 sq ft of vacant space offers significant NOI growth potential ($85,000 estimated).
- 75% of tenants are the only locations within a 20-mile radius, creating a strong draw for consumers.
- High-performing tenants with strong Placer.ai rankings, indicating a wide trade area and solid fundamentals.
- Prime location off US Route 23 and Highway 95 (41,387 combined VPD), near major retailers like Lowe's, Meijer, and Walmart in a 2.5 million sq ft retail corridor; 98% leased with no box availability.
Property Details for 328 Mcmahan Blvd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 71,026 SF
- Year Built
- 2006
- Lot Size (sq. ft)
- 462,172 SF
Location Insight
- City
- Marion
- County
- Marion
- State
- Ohio
- Latitude
- 40.584005587025
- Longitude
- -83.082489433869
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Ohio Retail Investment Opportunity
- Where is the lifestyle center located?
- The property is located at 328 Mcmahan Blvd Marion, OH.
- What are key features of this property?
- This property features: Strong leasing momentum with a 12,000 sq ft lease-up, including a 10-year deal with Five Below starting May 2024.; 91% of GLA occupied by national credit tenants; 4,220 sq ft of vacant space offers significant NOI growth potential ($85,000 estimated).; 75% of tenants are the only locations within a 20-mile radius, creating a strong draw for consumers.
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