1560 Marion-Mount Gilead Rd - Freestanding FOR SALE


Marion, OH 43302
$2,688,000 USD
310-362-4303
1560 Marion-Mount Gilead Rd, Marion, OH for Sale
$2,688,000 USD
Freestanding - FOR SALE
1/5
null | 6.25% Cap Rate

1560 Marion-Mount Gilead Rd
Marion, OH 43302


HIGHLIGHTS

  • Absolute NNN Lease with ±15 Years Remaining
  • New-construction outparcel to Walmart Supercenter & Kroger-Anchored Center
  • Major Retail Corridor (22,000+ VPD)
  • Central location in major retail corridor featuring Walmart, Kroger, TJ Maxx, Lowe’s, Meijer, Menard’s, and many more national-branded tenants
  • Experienced 22-unit operator with management services from Anchor Point Management, whichprovides managed services for 440+ units

OVERVIEW

Century Partners Real Estate, Inc. is pleased to offer an absolute NNN leased 7 Brew Drive-Thru with approximately 15 years remaining, providing investors with a long-term, truly hands-off ownership opportunity. The newly constructed property sits at the main entrance to a Walmart and Kroger-anchored shopping center, offering an exceptional opportunity to command a prime site benefiting from the best visibility to high traffic draws to both anchors. The lease features annual rent increases, enhancing income stability and growth potential. The property is operated by an experienced 22-unit 7 Brew operator and managed by Anchor Point Management, a seasoned operator responsible for over 440 units across Pacific Bells, Wingmen V, and North American Wax Company, adding further strength and reliability to this investment.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$1,184 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew 15-Yr NNN Walmart & Kroger Outparcel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

20-011000.5305

ASK ABOUT THIS PROPERTY

Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

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Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.