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1351 Mt Vernon Ave 3,378 SF of Office/Retail Space Available in Marion, OH 43302
HIGHLIGHTS
- 3,378 SF standalone building with drive-thru on a 1.13 acre parcel
- Adjacent to The Ohio State University at Marion campus
- Excellent accessibility with ample parking and drive-thru capabilities
- Prime hard-corner location on Mount Vernon Ave, a major retail corridor in Marion, OH
- Mount Vernon Avenue ADT 21,500 and University Drive ADT 8,000
- Ideal building and monument signage opportunities for enhanced brand visibility
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,378 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,378 SF | Gross Leasable Area | 3,378 SF |
| Property Type | Retail | Year Built | 1973 |
| Property Subtype | Freestanding | Parking Ratio | 6.51/1,000 SF |
| Total Space Available | 3,378 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,378 SF |
| Year Built | 1973 |
| Parking Ratio | 6.51/1,000 SF |
ABOUT THE PROPERTY
The Carrington Company is pleased to present a prime leasing or development opportunity in the retail heart of Marion, OH. The property consists of a single building former QSR containing 3,378 SF with drivethru on a 1.13 acre parcel at an optimal hard corner. Positioned at the intersection of Mount Vernon Avenue (ADT 21,500) and University Drive (ADT 8,000), Marion’s most active retail corridor, this site offers excellent visibility, accessibility and traffic counts. Neighboring national brand retailers include Walmart, Kohl’s,TJ Maxx, Hobby Lobby, Lowe’s, Starbucks and many others. This versatile site is ideal for a variety of potential uses and is well suited for quick-service restaurants, retail or office related businesses looking to capitalize on strong area demographics and consistent traffic. The property is also available for build to suit or ground lease opportunities. ?3,378 SF standalone building with drive-thru on a 1.13 acre parcel ? Prime hard-corner location on Mount Vernon Ave, a major retail corridor in Marion, OH ? Adjacent to The Ohio State University at Marion campus ? Mount Vernon Avenue ADT 21,500 and University Drive ADT 8,000 ? Surrounded by national retailers including Walmart, Lowe’s, Hobby Lobby and more ? Versatile space suitable for quick-service restaurants, retail or office related businesses ? Excellent accessibility with ample parking and drive-thru capabilities ? Ideal building and monument signage opportunities for enhanced brand visibility
- Drive Thru
NEARBY MAJOR RETAILERS
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1351 Mt Vernon Ave
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