113 West Smith Road, Medina, Ohio 44256


113 West Smith Road in Medina, Ohio has an 8 year modified net lease to Thyme2 restaurant. The building is for sale.  The lease to Thyme is from January 1, 2019 thru December 31, 2027. The responsibility of the landlord is the roof, structure of the building, walls, insurance and 25% of the property taxes. There is access to 75 parking spaces maintained by Medina City including snow plowing. In 2008 the building was completely renovated including a new roof in 2016 with Liquid EPDM covering. The roof has a 15 year warranty. The Net Operating Income is $56,407 and the Cap Rate is 9%. Thyme2 is considered one of the best fine dining restaurants in Medina County.

Property Location: On West Smith Road and public parking on South Court Street. Located within walking distance of Historic Medina Square. 3 miles from I-71

Additional Info

Within City Limits:
Ceiling Clear:
Construction Type:
Distance from Nearest Interstate:
3 miles form I-71
Former Use:
Primary Building Type:

Property Location


For Sale
Sale Price:
$ 626,000
Property Type:
Sq. Feet:
city of Medina
Corner Property:
  • Troy Gerspacher, CCIM, SIOR

    Troy Gerspacher
    Real Estate Broker & President

    Troy Gerspacher, President of Gerspacher Real Estate Group is a 3rd generation real estate broker & investor in commercial real estate. He began in sales over 20 years ago with Aerotek, a global staffing company. In 1998 he helped start a commercial skilled trades division for the Cleveland and Akron markets. Over a 7 year period he established over 100 new clients for the company with a payroll of over 200 contract employees with 30 different companies by 2003. 

    In 2004  he began as a real estate agent mentoring his uncle James Gerspacher till 2007. In 2007 Troy become President, Broker and  owner of the Gerspacher Real Estate Group. Since his ownership he has grown the company from a company of 4 to 10 employees and agents.   He along with his team have been integral in growing the listings from  75 to over 150 listing totaling over $150 million in real estate inventory.  In that time he has completed nearly 500 sale and lease transactions. In 2012 he earned the elite  CCIM designation for investment commercial brokers (Certified Commercial Investment Member) and recently in 2017 he earned the SIOR Designation (Society of Office & Industrial Realtors.) Only 3000 practioniaires in the world have earned this highly honored designation. In addition he has invested, re-developed, owns and manages multiple commercial office, retail and apartments buildings.  

    He lives in Medina, married to Heather with 3 children, Gavin, Marin and Aylin.


    • Ohio Licensed Real Estate Managing Broker
    • Certified Commercial Investment Member - CCIM
    • Society of Office & Industrial Realtors-SIOR
    • National Association of Realtors-Affiliate Member


    • Bachelor of Arts, Baldwin Wallace University, Berea OH
    • Member - CCIM


    • Medina County Economic Development Corp. Board Member
    • Medina County Board of Realtors Commercial Committee
    • Leadership Medina County Graduate
    • Northern Medina County Chamber of Commerce
    • Greater Medina Chamber of Commerce
    • Wadsworth Area Chamber of Commerce
    • Greater Akron Chamber of Commerce
    • Previous St. Matthews Church Personnel Committee Chair 
    • Previous Phi Kappa Tau Fraternity, Past Social Chair, Vice President, President
    • Previous PKT Board of Governors


    • Crain’s Cleveland Business “Forty Under 40 for 2013”
    • 2014 Cleveland Marathon Finisher