Office Medical
8401 Mentor Avenue
8401 Mentor Ave, Mentor, OH 44060
Listing Price: $1,525,000
Investment Overview
Marcus & Millichap is pleased to present a fee-simple ownership opportunity at 8401 Mentor Avenue located in Mentor, Ohio. This three-tenant property was constructed in 1999 and is 100 percent occupied by three tenants. The largest being LUMINA Imaging and Diagnostics, a state-of-the-art Hitachi Healthcare supplied Facility that specializes in CT scans and MRI imaging. The balance of the property is occupied by a two operating room ambulatory surgery center doing business as Lake County Pain & Diagnostic Center and Geauga Rehabilitation Engineering. The site sits on 1.3 acres offering 8,281 square feet of class B medical office space.
8401 Mentor Avenue
Investment Highlights
- At $139.42 per Rentable Square Foot, the Asset is Priced on the Lower End of Other Medical Comparable Properties
- Average Rental Rate $22.58 per Square Foot, Both Gross and Net Lease Structure
- 10,938 Rentable Square Foot Fully Occupied Multi-Tenant Medical Office Building
Exclusively Listed By
Financing By
Listing Price: $1,525,000
Investment Highlights
- At $139.42 per Rentable Square Foot, the Asset is Priced on the Lower End of Other Medical Comparable Properties
- Average Rental Rate $22.58 per Square Foot, Both Gross and Net Lease Structure
- 10,938 Rentable Square Foot Fully Occupied Multi-Tenant Medical Office Building
Investment Overview
Marcus & Millichap is pleased to present a fee-simple ownership opportunity at 8401 Mentor Avenue located in Mentor, Ohio. This three-tenant property was constructed in 1999 and is 100 percent occupied by three tenants. The largest being LUMINA Imaging and Diagnostics, a state-of-the-art Hitachi Healthcare supplied Facility that specializes in CT scans and MRI imaging. The balance of the property is occupied by a two operating room ambulatory surgery center doing business as Lake County Pain & Diagnostic Center and Geauga Rehabilitation Engineering. The site sits on 1.3 acres offering 8,281 square feet of class B medical office space.
Exclusively Listed By
Financing By
