Search
Office Unit in Cold Dark Shell
For Lease
$15 SF/Yr Modified Gross

531 E Smith Road, Medina, OH 44256

Approximately 1,200 SF provides a customizable commercial suite near retail and healthcare amenities in Medina.

Space Size1,200 SF
Days on Market42

Property Features for 531 E Smith Road

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Lease Type Modified Gross

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Office
Condition Shell

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $1,500
Rent per SF/Year $15

Building Details

Year Built 1985
Listing Agency: EXP Realty, LLC.
Listed By: Marlene Antonius · License #2017005485
Source: Carolgoffrealestate
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 11:29AM

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 EXP Realty, LLC.

Investment Insights

Based on property information with market context.

This office unit contains approximately 1,200 SF and is delivered in cold dark shell condition, allowing an incoming occupant to complete the interior around its operational requirements. The previous configuration included private work areas and shared collaborative space. The property was built in 1985.

Located at 531 E Smith Road in Medina, the suite is positioned near the community’s central area with nearby retail and healthcare amenities. The space is available under a modified gross lease structure, with the tenant responsible for utilities, internet, and a prorated share of increases in base-year property taxes and insurance.

Key Highlights

  • Approximately ±1,200 SF of office space
  • Delivered in cold dark shell condition for tenant‑specific interior completion
  • Previous layout included private workspaces and collaborative areas

Property Analytics

Current Use

Medina Crown & Bridge Dental Office Chris S. Ruggiero ... Dental Office Robert E Geary ... Dental Office Ashiyan Rahman Dental Office

Suggested Use

Top Pick Restaurant Nail Salon Hair Salon Electrical Service Storage Facility HVAC 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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby

Demographics for 44256, OH

64,815
Population
26,740
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
130.8 sq mi
ZIP Area
496
Density / Sq Mi
$100,345
Median Household Income
$55,180
Median Earnings
$1,120
Median Rent
$292,000
Median Home Value

Market

Lease Benchmarks for Medina, OH

$11.86 /SF/Yr
Avg Asking Price
$7.98–$14.59 /SF/Yr
Price Range
1,519 SF
Avg Space Size

This space is priced 27% above the average of $11.86 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office units - Approximately 1,200 SF provides a customizable commercial suite near retail and healthcare amenities in Medina.
Where is this office units located?
The property is located at 531 E Smith Road Medina, OH.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately ±1,200 SF of office space; Delivered in cold dark shell condition for tenant‑specific interior completion; Previous layout included private workspaces and collaborative areas
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message