1713 Marion-Mt Gilead Rd
Marion, OH 43302

Marcus & Millichap, on behalf of ownership as its exclusive advisor, is pleased to bring to market Mallard Square in Marion, OH. The subject property is a 84.9 percent occupied, 60,552-square-foot mixed-use building consisting of retail storefronts, interior office, warehouse, and storage space. The property was constructed in 1989 and is situated on 6.94 acres. The space is allocated as 13 retail units along the northern and western perimeter of the property, 17 deluxe interior office suites, a large conference/presentation room rentable by the public on a daily basis, and heated warehouse/storage space. The property was originally home to Wolohan Lumber Company prior the redevelopment of the property by the Seller, who has owned and managed the property since 2000. Major tenants at the center include Habitat for Humanity and OhioHealth Primary Care Physicians & Home Care, who occupy 22 percent and 19 percent of the gross leasable area, respectively. The remainder of the occupied space is tenanted by an excellent mix of retail, professional, and internet-resistant service-oriented businesses, with other notable tenants including Sprint, Lee Garden Chinese Restaurant, Inspiration Nail Studio, Art of Style Hair Studio, Elite Driving School, and several insurance and financial services firms. Small-shop retail units range from 1,500 to 3,000 square feet, and office units range from 340 to 630 square feet. All tenants are leased to gross terms with most having an option to extend. Upside exists via lease-up of one larger unit measuring 7,814 square feet, as well as five small offices, ranging from 180 to 360 square feet.