Recent 12-Year Lease Extension with 8+ Years Remaining
30-Year Operating History at the Site Demonstrates Long-Term Commitment
Strong Store Performance | 471,000 Trailing-12-Month Visits and Ranked #2 Marc’s Location out of 9 Within a 15-Mile Radius (Source: Placer.ai)
Strong Reported Store Sales: See Agent for Details
Low rent of only $9.57/SF NNN | New Construction Grocery Deals Require Rents in the Mid-Upper Teens
Majority of Roof Replaced in 2019 with 20 Year Marranty Through December 2039 via Centimark
New LED Parking Lot Lots Replaced in 2023 Paid for by Tenant
Minimal Landlord Responsibilities: LL Roof/Structure Cost Responsibility Only
Marc’s is a Cleveland, OH-based Discount Grocery Chain in Business Since the 1970’s with 62 Stores in NE and Central Ohio & Estimated Annual Revenue Exceeding $1.2B
Adjacent to Aurora Farms Premium Outlets | 1.3 Million Annual Visitors Drive Significant Regional Draw and Cross-Shopping (Source: Placer.ai)
Affluent Trade Area With Exceptional Household Incomes | Average Household Income Exceeds $150K Within 3 Miles and Median Home Values Above $348K
Located Within the Highly Rated Aurora City School District | Ranked #4 in Northeast Ohio, #2 in the Akron MSA, and #15 Statewide by U.S. News & World Report
Communities and Schools | Supports Consistent Daily-Needs Grocery Demand