Marion Archives | Sands Investment Group

Medical Office Building | Marion, OH

Sands Investment Group is Pleased to Present Exclusively For Sale the 14,000 SF Medical Office Building Multi-Tenant Asset Located at 125 Executive Drive in Marion, Ohio. The Property Features a Diverse Mix of Medical and Professional Tenants With an Established History in the Building, Providing For a Secure Investment.

DESIRABLE MIX OF MEDICAL AND PROFESSIONAL TENANTS: The Property Features a Diverse Mix of Medical and Professional Tenants With an Established History in the Building
OFFERED BELOW REPLACEMENT COST: At the Current List Price, the Property is Being Offered at a Value Below $100 / SF – Well Below the Replacement Cost For Any Commercial Building
VALUE-ADD POTENTIAL: More Than Half of the Current Tenant Roster Occupies Space on Shorter Term Leases at Well Below Market Rents Providing a New Owner the Opportunity to Increase Rental Rates or Reposition Spaces Through a Strategic Leasing Program
STRATEGIC LOCATION: The Property is Strategically Situated in a Master-Planned Commercial Park Next to Other Well-Known Commercial and Medical Tenants Improving the Likelihood of Renewal and Future Leasing Viability
ECONOMIC DEVELOPMENT IN MARION: Marion is Centrally Located in Ohio and Will be the Home of a New 3,617,000 SF Industrial Park With CSX & Union Pacific Rail Service to All Major Logistics Hubs in the State

In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224

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Vacant C-Store | Marion, NC

Sands Investment Group is Pleased to Present Exclusively For the 4,048 SF Vacant C-Store Owner-User Located at 6263 Highway 221 South in Marion, NC. This is a Strong Value-Add Opportunity That Sits on Sits ~0.73 Acres With a Great Opportunity to Develop in a Growing Market, Providing For a Secure Investment.

Strong Value-Add Opportunity
Strategically Located on U.S. 221 South Which Sees Just Over 14,000 VPD
Sits on ~0.73 Acres of Land
Strong Demographics of 13,752 Residents Making an Average Household Income of $53,927 Within in a 5-Mile Radius
Underground Storage Tanks Have Been Removed, Posing No Risk
Great Opportunity to Develop in a Growing Market

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Amar Goli – Lic. NC #310575

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Family Dollar | Marion, SC

Sands Investment Group is Pleased to Present For Sale the Family Dollar Gross Property Located in Marion South Carolina. This Opportunity Provides a New Owner With Stable Cash Flow From an Investment Grade Tenant With a Long History at the Site.

Dollar Tree Has a Bond Rating of Baa2 (Moody’s) and BBB (S&P), Making it an Investment Grade Tenant; This Makes For a Stabilized Investment For a New Owner
Located Roughly 43-Miles Northwest of Myrtle Beach That Sees an Impressive 19 Million Visitors Per Year
(2) Five Year Options at 10% Increases Respectively, Provides Significant Upside to a New Owner
Other Notable Tenants in the Area Include: Food Lion, CVS Pharmacy, Tractor Supply, AutoZone, Burger King, Circle K and Much More
Tenant Replaced the HVAC Unit in 2022 Resulting in Limited Capital Expenditure Exposure to a New Owner
Recession and Pandemic Resistant Tenant

In Cooperation With Sands Investment Group Charleston, LLC, Broker Lic. #20891 BoR: Chris Sands – Lic. SC #93103

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Parkway Shopping Center | Marion, VA

Sands Investment Group is Pleased to Present Exclusively For Sale the 100% Occupied, Grocery Anchored Strip Center, in Marion, Virginia. This Opportunity Includes a Strong Performing Grocer in Addition to Three Additional Investment Grade Tenants, Providing a Stable Investment For a New Owner. The Property Also Sits at a Signalized Hard Corner With High Traffic Counts in Front and is the Dominant Grocer in This Market.

Stabilized Grocery Anchored Investment: Parkway Shopping Center is a 100% Leased Shopping Center, Anchored By Food City Grocery in Addition to an Impressive Roster of National Credit Tenants and a Diverse Group of Local Credit Tenants
Strong Food City Sales: Food City Enjoyed Extremely Strong Sales in 2021 With $20,494,791 in Total Sales, Equating to $446.84/SF, a Healthy Operating Cost of 2.1% and a 4.3% Increase in Sales From 2020
Well-Located With Exceptional Access: The Property is Strategically Located at the Signalized Hard Corner of N Main St/Highway 11 and Darby Road Which Sees Approximately 16,000 VPD
Investment Grade Tenancy: Dollar General (S&P BBB, Moody’s Baa2) , Sherwin Williams (S&P BBB, Moody’s Baa2) and AutoZone (S&P BBB, Moody’s Baa1) Are All Investment Grade Tenants, Providing a Stable Fundamental Investment to a New Owner at a Favorable Cap Rate
Roof In Great Condition: Entire Center Benefits From a Membrane Roof With Roughly Half of the Center Being Replaced in 2011 and Still Under Warranty
Excellent Parking Lot Condition: The Property’s Entire Parking Lot Was Completely Repaved in 2010 and Scheduled to Be Restriped in 2022
Nearby Food City Headquarters & Distribution Facility: This Center is Located Just 25-Miles East of the Food City Headquarters and Distribution Center Located in Abingdon, VA; In Addition, Food City Owns a Food City Gas ‘N Go 0.25-Miles From the Property, Further Exhibiting Food City’s Investment in the Area
Retail Synergy: Hwy 11/N Main Street is the Main Local Artery Through Marion, Which is the County Seat of Smyth County, VA, as Well as Other Towns That Skirt Interstate 81; Nearby Tenants Include: Arby’s, Walmart, Walgreens, Wendy’s, Burger King, Food Lion, CVS Pharmacy and McDonald’s; Other Major Tenants/Uses Nearby Include: Marion High School, Marion Elementary School and a Large General Dynamics Plant

In Cooperation With: Scott Reid & ParaSell Inc., a Licensed Virginia Broker #0226032019 Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers

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AT&T & Eyemart Express Strip Center | Marion, IL

Sands Investment Group is Pleased to Present Exclusively For Sale a Recently Constructed (2017) 8,000 SF Strip Center With AT&T and Eyemart Express Located in Marion, Illinois. These Corporate Guaranteed Triple Net (NNN) Leases Have 6 Years of Term Remaining Providing For a Secure Long-Term Investment Opportunity in the Largest Retail Trade Market in Southern Illinois As Well As One of Illinois’ Fastest Growing and Most Stable Markets.

Attractive 10% Rent Increases For Both Tenant’s During the Initial Term
2017 High-Quality Construction With Minimal Landlord Responsibilities
AT&T Operates Over 16,000 Locations in All 50 States
Eyemart Express Operates Over 200 Locations in 38 States
This AT&T and Eyemart Express Site is Strategically Positioned at the Signalized Intersection of West Deyoung and Halfway Road Where Combined Traffic Counts Exceed 44,000 Vehicles Per Day
Marion Serves as the Largest Retail Trade Center in Southern Illinois and is the Area Hub For Shopping, Dining and Entertainment
Marion is Home to Major Firms Such as: Aisin, Continental Tire, Walgreens Distribution Center and FRAM Laboratories
The Area Has Experienced Tremendous Growth in the Transportation, Distribution and Logistics Industry and Reaps the Benefits of Its Central U.S. Location
Strong Demographics With 27,734 People Making an Average Household Income of $59,956 Within a 5-Mile Radius
Situated Less Than 1-Mile From the Illinois Star Center, a 600,000 SF Enclosed Shopping Mall With More Than 50 Stores and Restaurants
Strong Retail Corridor With an Excellent Mix of National Retailers Including: Walmart Supercenter, Sam’s Club, Menard’s, ALDI, Home Depot, Kroger, Dillard’s, Target, AMC Theaters, Starbucks and More