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    3609 Park Dr Beachwood, OH 44122

    Sponsored
    For Lease
    $26 SF/Yr

    2,214 SF Medical Office Space Available

    Lot size:
    54,947 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,214 square foot medical office space is available for immediate occupancy within the prestigious Parkway Medical Center in Cuyahoga County. Located in a five-story, 54,947 square foot building, this suite boasts a functional clinical layout perfectly suited for medical practices. The space includes six plumbed exam rooms, enhancing efficiency and patient care. Two convenient in-suite restrooms, a private physician office, a dedicated lab area, and spacious waiting/reception areas provide a comfortable and professional environment. The building, constructed in 1972 and renovated in 1989, benefits from its prime location, anchored by major healthcare providers MetroHealth and University Hospitals, ensuring high visibility and accessibility. This sublease opportunity offers immediate availability and runs until August 31, 2028, with potential for longer-term arrangements. The asking rent is $26.00 per square foot, plus electricity. This is a rare chance to secure a well-appointed medical office space in a thriving medical center. The building features multiple tenants, ensuring a vibrant and collaborative atmosphere. Don't miss this opportunity to establish or expand your medical practice in a highly desirable location.

    Property Features for 3609 Park Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,947 SF
    Total Rate
    119051.83

    Building Details

    Year Built/Renovated
    1972/1989
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 517
    Size
    2,214 SF
    Rate per SF
    $26

    HighLights

    • 2,214 SF of medical office space immediately available for sublease.
    • Functional layout includes six exam rooms, two restrooms, a physician's office, lab, and waiting area.
    • Excellent location within Parkway Medical Center, near MetroHealth and University Hospitals.
    • Sublease term expires August 31, 2028, with potential for longer‑term extension.
    • Asking rent: $26.00/SF, plus electricity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sasha Ross DDS Dental Implants Periodontist Rabal Bradley S ... Dentist D'MAZ Lifestyle Salon Hair Salon Charlene B. Krejci, ... Dental Implants Periodontist Mickel Andre K ... Endodontist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Accounting Firm Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beachwood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.4924524
    Latitude
    41.4620126

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    FAQs

    What type of property is this?
    Medical office - 2,214 SF Medical Office Space Available
    Where is this medical office located?
    The property is located at 3609 Park Dr Beachwood, OH.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 2,214 SF of medical office space immediately available for sublease.; Functional layout includes six exam rooms, two restrooms, a physician's office, lab, and waiting area.; Excellent location within Parkway Medical Center, near MetroHealth and University Hospitals.
    Request Owner's contact information
    3609 Park Dr Beachwood, OH 44122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3609 Park Dr Beachwood, OH 44122
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