Flex Warehouse With
For Lease
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9423 Mercantile Dr, Mentor, OH 44060
Lease-ready industrial space combines warehouse functionality with a dedicated office and overhead loading access.
Space Size3,000 SF
Days on Market50
Property Features for 9423 Mercantile Dr
General Information
Standard status
Active
Size
3,000 SF
Property subtype
INDUSTRIAL
Lease Type
Modified Gross
Spaces For Lease
at 9423 Mercantile Dr Contact us- Floor
- 1
- Size
- 3,000 SF
- Type
- INDUSTRIAL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
9423 Mercantile Dr $7/SF/Yr
- For Lease at $7.00/ Sq. Ft.
- 3,000 Sq. Ft. Warehouse
- Prime Clean Industrial...
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Listing Agency:
Sequoia Realty
(440) 946-8600
Listed By:
Patrick Dowd · License #SAL.2007000856
(216) 406-0476
Source:
Moodyscre
Added: Jul 30
Changed: Sep 13
Last Checked: Sep 15 at 9:33AM
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 Sequoia Realty
Investment Insights
Based on property information with market context.
This 3,000-square-foot flex space is configured primarily for warehouse use, with a 150-square-foot office incorporated into the unit. The property also includes one overhead door and 12-foot clear height, supporting a range of industrial and storage operations.
Located at 9423 Mercantile Dr in Mentor, the property sits off Heisley Rd. Road connections include I-90, SR-2, and Route 615, providing access to major routes from the site. The space is offered for lease.
Located at 9423 Mercantile Dr in Mentor, the property sits off Heisley Rd. Road connections include I-90, SR-2, and Route 615, providing access to major routes from the site. The space is offered for lease.
Key Highlights
- 3,000‑square‑foot warehouse configuration
- 150‑square‑foot office within the unit
- One overhead door
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44060, OH
60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Mentor, OH
$9 /SF/Yr
Avg Asking Price
$5.75–$15 /SF/Yr
Price Range
33,282 SF
Avg Space Size
This space is priced 22% below the average of $9 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Lease-ready industrial space combines warehouse functionality with a dedicated office and overhead loading access.
Where is this flex space located?
The property is located at 9423 Mercantile Dr Mentor, OH.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 3,000‑square‑foot warehouse configuration; 150‑square‑foot office within the unit; One overhead door
