Clarkson Eyecare – Medina, OH

Clarkson Eyecare
409 N Court St, Medina, OH 44256, USA

We are pleased to exclusively offer for sale the 3,450 SF Clarkson Eyecare NN Asset located at 409 N Court Street in Medina, OH. This offering is highlighted by a recent lease extension that demonstrates the tenant’s continued commitment to this premier medical office location, further reinforcing the strength of the site and its long-standing operating history. With an established tenant presence and a proven track record of operations, the property presents a stable and attractive investment opportunity for investors seeking reliable income from a well-positioned healthcare asset.

  • The location has operated as an optometry practice serving the Medina community since 1990, originally as Medina Vision Centre. In 2020, the practice partnered with Midwest Vision Partners, which later became part of the Clarkson Eyecare network, allowing the practice to expand within a larger medical eye-care platform. Today, the property continues to operate as an optometry clinic under Clarkson Eyecare, maintaining over three decades of continuous eye-care services at this location.
  • Clarkson Eyecare, founded in 1979, is a leading provider of medical optometry services with 230+ locations across the United States. The company is part of EyeCare Partners, one of the largest vertically integrated eye-care platforms in the country with 700+ locations. EyeCare Partners is backed by Partners Group, a Switzerland-based global private markets investment manager that holds a majority stake in the platform.
  • A recent lease extension demonstrates the tenant’s continued commitment to this premier medical office location, further reinforcing the strength of the site and its long-standing operating history.
  • The property is located approximately 1.4-miles from Cleveland Clinic Medina Hospital, a 148-bed acute care facility and part of the nationally recognized Cleveland Clinic health system. The hospital provides a full range of services including cardiovascular care, cancer treatment, advanced imaging, surgical services, and specialty medical care, serving as a primary healthcare provider for Medina and the surrounding communities.
  • The property is located along North Court Street, Medina’s primary retail corridor, surrounded by a strong concentration of national retailers and grocery anchors that drive consistent daily traffic. Nearby shopping centers feature Giant Eagle, Buehler’s Fresh Foods, ALDI, Target, Walmart, Home Depot, and Kohl’s, establishing the area as the dominant retail hub for Medina County. Additional national tenants including Starbucks, Chipotle, Jersey Mike’s, Aspen Dental, and Pet Supplies Plus further strengthen the corridor and attract shoppers from the surrounding Cleveland-Akron metro area.

 

In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224

 

Clarkson Eyecare
409 N Court St, Medina, OH 44256, USA

Clarkson Eyecare

Clarkson Eyecare is a medically based optometric group founded in St. Louis, Missouri. The organization employs a team of highly trained optometrists, opticians, and technicians who focus on maintaining and improving patients’ eye health through comprehensive eye exams and the use of advanced vision care technology. The Clarkson Eyecare brand was established in 1979 by Lawrence J. Jehling, O.D., on Clarkson Road in Ellisville, Missouri. Clarkson Eyecare is part of the EyeCare Partners network of practices. EyeCare Partners is the nation’s leading provider of clinically integrated eye care. Our national network of over 300 ophthalmologists and 700 optometrists provides a lifetime of care to our patients with a mission to enhance vision, advance eye care, and improve lives. Clarkson Eyecare has over 230 offices in 13 different states.

Price

$910,345

Cap Rate

7.25%

PREMISES

3,450 SF

YEAR BUILT

1970

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

05/20/2031

Lease Type

NN

RENTAL INCREASES

10% Every 5 Years

BROKERS

Benjamin Brigham
Los Angeles

List with SIG

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