Listing Agency: Lee & Associates | Cleveland c***@lee-associates.com Show Phone

Listed By: Connor Krouse · License #2018003406 Show Phone

Source: Moodyscre

Added: Sep 26, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:46AM

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Investment Insights

Based on property information with market context.

This property offers flexible use suites and ample parking. It is professionally managed and provides excellent highway access. The location is in the Chagrin office corridor. The property is suitable for flex space and industrial purposes. The property size is 12560 square feet.

Key Highlights

• Excellent highway access for convenient commuting.
• Great location within the desirable Chagrin office corridor.
• Ample parking available for employees and clients.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store HVAC Service Gym & Fitness Center Furniture & Home Goods

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

NNN (Triple Net)

Lease Type

$1.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,688

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Flex space - Flexible use suites with ample parking and highway access.

Where is this flex space located?

The property is located at 23945 Mercantile Rd Beachwood, OH.

What is the lease rate?

The lease rate is $7 SF/Yr.

What are key features of this property?

This property features: Excellent highway access for convenient commuting.; Great location within the desirable Chagrin office corridor.; Ample parking available for employees and clients.