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Office Suite
For Lease
$15 SF/Yr

531 E Smith Road, Medina, OH 44256

The space is offered in cold dark shell condition for an incoming tenant to finish.

Space Size1,200 SF
Days on Market104

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
Available From Immediate

Lease Terms

Lease Rate $15 /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: Kimberlysrealtycorp
Added: Jul 20 Changed: Oct 31 Last Checked: Oct 31 at 3:18AM

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,200 SF office suite is available for lease in cold dark shell condition. The building dates to 1985, and the suite’s interior is ready for a new tenant’s finish work.

At 531 E Smith Road in Medina, the property is near retail and healthcare amenities.

Key Highlights

  • 1,200 SF available for lease
  • Delivered in cold dark shell condition
  • Building constructed in 1985

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Medina, OH

$11.42 /SF/Yr
Avg Asking Price
$7.98–$14.59 /SF/Yr
Price Range
1,376 SF
Avg Space Size

This space is priced 31% above the average of $11.42 /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

Frequently Asked Questions

What type of property is this?
Office unit - The space is offered in cold dark shell condition for an incoming tenant to finish.
Where is this office unit 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: 1,200 SF available for lease; Delivered in cold dark shell condition; Building constructed in 1985
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