23600 Commerce Park Rd Beachwood, OH 44122
This exceptional 5,000 square foot medical office space is situated within a larger 12,042 square foot building at 23600 Commerce Park Road, Beachwood, Ohio 44122. The suite offers a turnkey solution for medical practices, boasting a thoughtfully designed layout including a welcoming reception and waiting area, 10-12 private offices or exam rooms, a versatile group or conference room, and a convenient break room complete with a kitchenette. Three individual restrooms ensure privacy and convenience for both staff and patients. The property features two distinct entrances – a dedicated employee entrance and a separate patient entrance, both secured with key card access for enhanced security. Ample parking is provided with 60 spaces available for staff and patients. This highly accessible location is less than a mile from I-271, ensuring easy access for patients and employees alike. The building is located in the desirable Chagrin Corridor submarket. The space is currently vacant and ready for immediate occupancy. This is a rare opportunity to acquire a well-appointed medical office space in a prime Beachwood location. The existing infrastructure is highly conducive to a seamless transition for a medical practice.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.