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Flexible Office-Warehouse Space
For Lease
$8 SF/Yr

23400 Mercantile Rd, Beachwood, OH 44122

Adaptable commercial units combine office and warehouse functionality within Beachwood’s Commerce Park.

Space Size3,424 SF
Property Size34,312 SF
Days on Market54

Property Features for 23400 Mercantile Rd

General Information

Standard status Active
Size 3,424 SF
Net Rentable 3,000 SF
Property subtype Industrial
Lease Term NNN ($3.48/SF Estimate

Space & Availability

Available Space 3,000 SF
Space Use Flex

Additional Details

Flexible Term Yes
Highway Access Yes

Amenities

professional property management services

Building Details

Building Size 34,312 SF
Year Built 1968

Spaces For Lease

at 23400 Mercantile Rd Contact us

Unit 2 $8/SF/Yr

Size
3,424 SF
Type
Flex Space
Term
Negotiable
Contact us
Listing Agency: Lee & Associates | Cleveland
Listed By: Abram Schwarz, SIOR
Source: Lee-associates
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 30 at 5:01AM

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 Lee & Associates | Cleveland

Investment Insights

Based on property information with market context.

This flex property provides configurable office and warehouse units designed to accommodate varied business operations. The layout supports a blend of administrative, storage, and work-oriented functions, while ample on-site parking adds practical convenience for employees and visitors.

Located in Beachwood’s Commerce Park at 23400 Mercantile Rd, the property offers access from major highways and proximity to local dining and amenities. Professional property management supports day-to-day tenancy, and flexible leasing options accommodate businesses with different space requirements. The building was constructed in 1968.

Key Highlights

  • Configurable units with integrated office and warehouse areas
  • Ample on‑site parking for employees and visitors
  • Access from major highways

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Storage Facility HVAC Service Grocery & Convenience Store Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44122, OH

36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • 56 Kitchen (Cafe 56) Catering 22901 Millcreek Blvd, Cleveland, OH 44122
  • City Barbeque 24325 Chagrin Blvd, Beachwood, OH 44122

Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial units combine office and warehouse functionality within Beachwood’s Commerce Park.
Where is this flex space located?
The property is located at 23400 Mercantile Rd Beachwood, OH.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Configurable units with integrated office and warehouse areas; Ample on‑site parking for employees and visitors; Access from major highways
More about this property
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