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Flexible Suites in Chagrin Corridor
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23945 Mercantile Rd, Beachwood, OH

Flexible use suites with ample parking and highway access.

Space Size12,560 SF
Lot Size2.99 Acres
Days on Market393

Property Features for 23945 Mercantile Rd

General Information

Standard status Active
Size 12,560 SF
Lot size 2.99 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 23945 Mercantile Rd
23945 Mercantile Rd $7/SF/Yr
Floor 1
Size 12,560 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Flexible Use Suites - Ample Parking - Professionally Managed - Excellent Highway Access - Great Location of Chagrin Office Corridor
Contact us
Listing Agency: Lee & Associates | Cleveland
Listed By: Connor Krouse · License #2018003406
Source: Moodyscre
Added: Sep 26, 2025 Changed: Oct 5 Last Checked: Oct 21 at 12:10AM

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

Rey
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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

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Current Use

Flex space

Suggested Use

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

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

32
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

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.
(216) 310-2079 Call to check price and availability
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