525 W Marion Rd
Mount Gilead, OH 43338
Drug Mart & Dollar Tree · Retail Property For Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a two-tenant retail center located at 525 W Marion Road in Mount Gilead, Ohio (the “Property”). The two-tenant property is improved by Discount Drug Mart and Dollar Tree and contains 37,182 square feet on a 5.01-acre parcel. Discount Drug Mart has occupied this location since 2009 and has consistently extended their lease, demonstrating their commitment to the site and the market. Discount Drug Mart has 8+ years remaining on their lease with two (2), 5-year renewal options. Dollar Tree has been at this location since 2016 and just exercised their first renewal option. Dollar Tree has 4+ years remaining on their lease with two (2), 5-year options. Both leases provide attractive rent increases at the start of each of their renewal options.
Positioned along West Marion Street, Mount Gilead’s primary retail and commuter corridor, the Property benefits from a highly visible location within the community’s established commercial district. The Property is directly adjacent to Kroger, the area’s sole grocery provider, and is surrounded by a concentration of national retailers, dining options, and Morrow County Hospital, creating consistent consumer traffic and strong daily visitation to the immediate trade area. In addition, the Property offers convenient access to OH Routes 30, 61, and 95, as well as U.S. Route 42, providing efficient connectivity throughout Morrow County and direct access to the broader Columbus metropolitan region.