- For Sale $15,000,000
- Property Type Retail - Community Center
- Property Size 161,573 SF
- Units 22
- Lot Size 16.27 Acre
- Parking Spaces Avail. 533
- Property Tenancy Multi-Tenant
- Year Built 1976
- Date Updated Jul 10, 2026
Description
NoneThe Gilbert Group is pleased to present a fantastic opportunity to own 100% fee simple interest in The Forum Shopping Center I & II, a multi-tenant retail center located in Marion, Ohio. The subject property is a 162,473 square foot power center located on the south side of Marion-Mt. Gilead Rd., just west of the intersection with State Route 23. Marion-Mt. Gilead Rd. (State Route 95) is the main retail corridor servicing Marion, Ohio. The shopping center is currently 91% occupied, with national co-tenants including Big Lots!, Harbor Freight Tools, Buffalo Wild Wings, Panera Bread, Popeye's Louisiana Chicken, Verizon and Goodwill. The center offers upside by way of increasing occupancy and raising below market rents. This is a rare opportunity to acquire a stabilized power center priced below replacement cost.Retail for Lease
Highlights
- 91% occupied with lease-up potential
- Adjacent to The Ohio State University at Marion and Marion Technical College, with a combined student enrollment of 4,200
- Below market rent in place for numerous tenants including Big Lots and Panera
- Cash-on-cash return of 11.96%
- Excellent access to surrounding metro areas via U.S. 23
- State Route 95 | 30,000+ VPD
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Contacts
Michael Nolan
The Gilbert Group
Location
Contact Listing Broker
Michael Nolan
The Gilbert Group
