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    FOR LEASE
    Medical Office Space

    6990 Lindsay Dr, Mentor, OH 44060

    12,992 SF 0.76 ac lot Built 1989
    Individually Owned 7-yr Hold Free & Clear
    Property ID
    US66-1086289
    Property summary
    AI-generated overview

    The Lindsay Professional Center, a meticulously maintained two-story building totaling 12,000 square feet, presents a unique opportunity for businesses seeking versatile office space in Mentor's thriving submarket. Situated on a 0.8-acre lot, this multi-tenant property boasts four suites ranging from 1,435 to 2,594 square feet, offering flexibility for various needs. Built in 1989 and extensively renovated in 2020, the building features a modern aesthetic with fully updated common areas and restrooms. Amenities include ample free surface parking, convenient access to SR-2 and Route 615 via signalized corners, and an elevator for accessibility. The property is handicap accessible and includes ADA-compliant restrooms. Multiple private ground-level entrances enhance convenience. The building's construction is masonry. Potential tenants can choose from move-in ready medical suites or raw, unfinished spaces allowing for complete customization. Office space lease rates begin at $15.00 per square foot, plus operating expenses (CAM). This prime location in Lake County, zoned commercial, offers an exceptional opportunity for businesses seeking a well-maintained, versatile, and conveniently located office space.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1989
    Construction WOOD
    Total area 12,992 SF
    Lot 0.76 ac (33,106 SF)
    Zoning code MIP
    APN 16-B-039-C-00-011-0
    UPID US66-1086289
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Sustainable Wellness Ltd · 7 yrs held
    Sustainable Wellness Ltd
    since 2019
    2 recorded transactions
    2020
    2019
    $566,500
    Zoning & alternative use
    MIP · Mentor, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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