Surgical Center and Medical
9002 Mentor Ave Mentor, OH
9002 Mentor Ave, Mentor, OH, 00000
Contact for pricing
For Sale
Contact for pricing
Surgical center and medical offices with multiple exam rooms.
Property Size7,500 SF
Lot Size0.95 Acres
Price / SF$240
Days on Market434
Property Features for 9002 Mentor Ave
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 0.95 Acres
- Property subtype
- OFFICE
Listing Agency
Hanna Commercial Real Estate | Cleveland
(216) 839-2032
Listed by
Michael E. Berland
(216) 839-2032
Source
Moodyscre
Added: May 13, 2025 Updated: Jul 6 at 10:03 am Checked: Jul 19 at 5:35 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This property features a surgical center and medical offices. The facility has CHC Accreditation. It includes multiple exam rooms and offices, as well as a surgical room with a recovery area. The property also has one garage space and a 125 KW backup generator. It is zoned B-2 General Business and is located near OH-615 (Center St). The property size is 7,500 square feet.
Key Highlights
- Surgical room with recovery area
- CHC accreditation
- Multiple exam rooms and offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.7k | $21.96 |
| − Vacancy | −$38.0k | −$5.07 |
| EGI | $126.7k | $16.89 |
| − OpEx | −$31.7k | −$4.22 |
| NOI | $95.0k | $12.67 |
7,500 SF · lease $21.96/SF/yr · vacancy 23.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.58M
NOI $94,991 @ 7.0% cap · market cap 5.28%
Second Best
Healthcare Medical
$1.19M
$1.05M – $1.39M
NOI $83,633 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,256 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Surgical center and medical offices with multiple exam rooms.
Where is this medical office space located?
The property is located at 9002 Mentor Ave Mentor, OH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Surgical room with recovery area; CHC accreditation; Multiple exam rooms and offices
