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510 W Marion Rd
Mount Gilead, OH 43338
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • ?Large 3.59 acre parcel improved by 11,157 square foot Rite Aid prototype with drive-thru
  • ?Five-years remain on primary term with six five-year options thereafter
  • ?Limited surrounding competition – closest CVS is 13.5-miles away; closest Walgreens is 16.8-miles away
  • ?This is a 2007 relocation store from a previous successful location
  • ?Corporate guarantee from Rite Aid (NYSE: RAD) S&P rated B- credit with a stable outlook
  • ?Adjacent to the Morrow County Hospital, the community’s primary healthcare facility

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,157 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.59 AC
Parking
50 Spaces
Frontage
212’ on West Marion Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
G20-001-00-014-00
Land Assessment
$242,730
Improvements Assessment
$324,870
Total Assessment
$567,600
  • Listing ID: 25354260

  • Date on Market: 3/30/2022

  • Last Updated:

  • Address: 510 W Marion Rd, Mount Gilead, OH 43338

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