Legacy Crossing | 200-370 McMahan Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Legacy Crossing 200-370 McMahan Blvd
71,026 SF 100% Leased Retail Building Marion, OH 43302 For Sale
Investment Highlights
- VALUE ADD OPPORTUNITIES
- DOMINANT RETAIL CORRIDOR JUST OFF US ROUTE 23
- IMPRESSIVE TENANT PERFORMANCE & LIMITED CHAIN COMPETITION
- LARGE GEOGRAPHICAL TRADEA AREA
Executive Summary
Call For Offers: Thursday, July 11, 2024
Thank you for your continued interest in Legacy Crossing..
???????
We are requesting initial offers be submitted by EOB Thursday, July 11, 2024
???????
We would be happy to discuss this high-quality asset in more detail. Please let us know if such a call would be beneficial.
CBRE is pleased to offer investors the opportunity to acquire Legacy Crossing, a 71,026-square-foot shopping center in Marion, Ohio. Legacy Crossing is located in a prominent corridor off US Route 23, the major north-south state highway that connects consumers from a large trade area. Drawing 1.6 million visitors annually, the Property features a diverse set of nationally recognized retailers including Petco, Five Below, Bealls, Bath & Body Works, and Dollar Tree. The Property's tenancy benefits from traffic-generating shadow anchors, Hobby Lobby and Kohl's. The Property is strategically situated in the primary retail corridor along the highly trafficked Marion-Mt Gilead Road. At 98% occupied, this corridor is nearing full occupancy and features no available box space.
At 94% occupied, Legacy Crossing presents a valuable opportunity for future investors to acquire a successful shopping center within a powerful retail corridor that features national tenancy drawing consumers from a large geographical trade area.
Thank you for your continued interest in Legacy Crossing..
???????
We are requesting initial offers be submitted by EOB Thursday, July 11, 2024
???????
We would be happy to discuss this high-quality asset in more detail. Please let us know if such a call would be beneficial.
CBRE is pleased to offer investors the opportunity to acquire Legacy Crossing, a 71,026-square-foot shopping center in Marion, Ohio. Legacy Crossing is located in a prominent corridor off US Route 23, the major north-south state highway that connects consumers from a large trade area. Drawing 1.6 million visitors annually, the Property features a diverse set of nationally recognized retailers including Petco, Five Below, Bealls, Bath & Body Works, and Dollar Tree. The Property's tenancy benefits from traffic-generating shadow anchors, Hobby Lobby and Kohl's. The Property is strategically situated in the primary retail corridor along the highly trafficked Marion-Mt Gilead Road. At 98% occupied, this corridor is nearing full occupancy and features no available box space.
At 94% occupied, Legacy Crossing presents a valuable opportunity for future investors to acquire a successful shopping center within a powerful retail corridor that features national tenancy drawing consumers from a large geographical trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
71,026 SF
Building Class
B
Year Built
2006
NOI
$729,599
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.15
Land Acres
10.53 AC
Zoning
B2 - Community Business District, by Marion Township.
Parking
700 Spaces (5.78 Spaces per 1,000 SF Leased)
Frontage
892 FT on McMahan Blvd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20-0110005.203 | Improvements Assessment | $0 |
| Land Assessment | $6,410 | Total Assessment | $6,410 |
PROPERTY TAXES
Parcel Number
20-0110005.203
Land Assessment
$6,410
Improvements Assessment
$0
Total Assessment
$6,410
-
Michael Wilson -
Power Broker Christian Williams -
CBRE
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Legacy Crossing | 200-370 McMahan Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.