1296 Delaware Ave
Marion, OH 43302
Servex Centre | 88% Occupied Shopping Center · Retail Property For Sale

Marcus & Millichap, on behalf of ownership as its exclusive advisor, is pleased to bring to market Servex Centre located in Marion, Ohio (Columbus MSA). Servex Centre is a neighborhood shopping center with a mix of national and local tenants. The property is 22,090 square feet and currently 88 percent occupied, sitting on 2.57 acres. It includes several nationally-known tenants such as Verizon Wireless, Advance America, and Jackson Hewitt Tax Services. Nearly 45 percent of the tenants have been in place since 2007 or before, showing long term success with the site. Servex Centre is located with excellent visibility along Delaware Ave, seeing traffic counts of 21,840 vehicles per day. Demographics in the surrounding area are stable & mature with 38,462 residents located within three miles and 48,942 residents located within five miles. The average household income within one mile of the property is $59,465. Across from the property sits Marion Centre, the only mall located in Marion, Ohio with multiple tenants including JoAnn Fabrics, Marion Centre Cinemas 7, Bath & Body Works, & Elder Beerman. Other prominent traffic driving retailers directly surrounding the property include Kroger, Tractor Supply Co, Walgreens, Wendy’s, Arby’s, Chase Bank, and more. Additionally, there are three higher education institutions all located less than 5 miles from the property including – The Ohio State University Marion Campus, Marion Technical College, and Tri-Rivers Career Center, with combined enrollment estimated at over 6,000 students. The OhioHealth Marion General Hospital is less than one mile from the property as well with 250 beds. Servex Centre is located within Marion Township and is less than 30 miles north of Columbus’ northern suburbs, and 33 miles north of Columbus’ Interstate 270 ring highway system that connects to two other major interstates. Marion is part of the Columbus metropolitan statistical area which is home to 2.5 million residents.