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7160 Chagrin Rd

Chagrin Falls, OH 44023

$1,725,000

Office For Sale  •  19,020 Sq Ft

Property Details

  • Property Type Office
  • Total Building Size 19,020 Sq Ft
  • Lot Size 2.78 ac
  • Building Class B
  • Year Built 2000
  • Cap Rate 8.50 %
  • Tenancy Multiple
  • Zoning PO
0 Transit Score
19 Walk Score

Description

Attractive, stylish and well located multi-tenant office building.   Brick and aluminum siding facade and frame construction with various office configurations.  Cleveland City water and Sewer serve the premises.   Gas fired forced air in office with A/C.

One mile south of downtown Chagrin Village, heading south.  2 1/2 miles west of route 306 ( Chillicothe Rd.) and 422 freeway, heading northwest.

Financial Summary

Cap Rate: 8.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Chagrin Valley Counseling 625 SF 11/30/2021
Employee Benefit Svc Inc 600 SF
Jonesboro Investments Corp 1,000 SF
Magnolia Bank 2,500 SF 3/31/2023
Master's Group Inc 450 SF

Public Transportation

AirportDriveWalkDistance
Cleveland Hopkins International Airport 44 min - 26.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Peter Cary 216-533-5414 Chagrin Valley Commercial Real Estate
Peter Cary 216-533-5414 Chagrin Valley Commercial Real Estate