Contacts

Michael Nolan

The Gilbert Group

Property Details

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 Sep 17, 2026

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

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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