Interchange Office Building / 25,993 SF / Building 2

8401 Chagrin Road Building 2, Chagrin Falls, OH

$3,465,188

Price

25,993 sqft

Building Size

5.2 acres

Lot Area

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Street
Map
Overview
Building Size
25,993 sqft
Lot Area
5.2 acres
Occupancy
97%
Class
B
Year Built
2005
Floors
2
Description

See OM Attached

GREAT LOCATION WITH EXCELLENT HIGHWAY EXPOSURE
Located directly off the US 422 and SR 306 interchange on Chagrin Road, the property
provides exceptional exposure to an average of over 34,500 vehicles per day traveling US
422 with 25,615 VPD going through the intersection of State Route 306 and Chagrin Road.

Highlights
  • GREAT LOCATION WITH EXCELLENT HIGHWAY EXPOSURE
  • Located directly off the US 422 and SR 306 interchange on Chagrin Road, the property
  • provides exceptional exposure to an average of over 34,500 vehicles per day traveling US
  • 422 with 25,615 VPD going through the intersection of State Route 306 and Chagrin Road.
  • IMPRESSIVE ARCHITECTURE
  • ONE OF THE MOST AFFLUENT AREAS OF NORTHEAST OHIO
  • HISTORICALLY HIGH OCCUPANCY WITH MANY MEDICAL PRACTICES—
  • PANDEMIC & INFLATION RESISTANT
  • The footprint and elevations of the 54,000 square foot, two-story complex, designed in a
  • distinctive western reserve architecture, are well-maintained with high-end buildouts.
  • Continuous and recent updates. Beautifully landscaped grounds are surrounded by natural
  • forested areas on all sides resulting in over 60% of the campus devoted to green space.
  • With a median household income of $120,536 within a three-mile radius, a highly educated
  • and growing population, and a median home value exceeding $479,000 in the 44023 zip
  • code, Winbury Professional Center is located in one of the wealthiest suburban areas in
  • Northeast Ohio. Within a ten-mile radius, the aggregate household income exceeds $4.6
  • billion and this figure is expected to grow substantially in the years ahead.
  • Currently 97% occupied and with historically low vacancy. —most of whom have been
  • tenants since the building was created, providing stable, long-term income.
Documents
Location
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