8401 Chagrin Rd | Chagrin Falls, OH 44023
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- LoopNet Team
8401 Chagrin Rd
Chagrin Falls, OH 44023
Winbury Professional Center Building 1 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- A 28,354 SF, two-story medical/office building with Western Reserve Architecture over ±5.2 acres of lushly landscaped grounds in Chagrin Falls, OH.
- Investment opportunity to acquire a well-maintained and stabilized asset with long-term tenancy, mostly being medical or medical-related practices.
- In a suburban area where 92% of residents live in owner-occupied homes, generating a median household income of $120,536 within a three-mile radius.
- Conveniently located with prominent highway exposure at the US 422 and SR 306 interchange in the desirable Chagrin Valley corridor.
- Advantageously situated in one of the wealthiest neighborhoods of Northeast Ohio within a highly educated and growing population.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
54,505 SF
Building Class
B
Year Built/Renovated
2005/2023
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
54,505 SF
Building FAR
0.24
Lot Size
5.20 AC
Zoning
PO - Professional Office
Parking
189 Spaces (3.47 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Courtyard
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,812,210 | |
| Land Assessment | $140,000 | Total Assessment | $1,952,210 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$140,000
Improvements Assessment
$1,812,210
Total Assessment
$1,952,210
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