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Chester Business Park 8437 Mayfield Rd 12,000 SF 70% Leased Office Building Chesterland, OH 44026 $797,000 ($66.42/SF)



INVESTMENT HIGHLIGHTS
- Located near Rt. 322 & Rt. 306 with strong visibility and positioned in desirable Chesterland business district.
- Traffic counts of approximately 12,000 vehicles/day while surrounded by national retailers and service hubs.
EXECUTIVE SUMMARY
Positioned in the heart of Chesterland’s thriving commercial corridor, 8437 Mayfield Rd offers a compelling investment opportunity in Northeast Ohio. This multi-tenant office business park spans approximately 12,000 square feet (excluding basement) and sits on a generous 2.5-acre parcel, providing ample room for future expansion or additional development.
Strategically located near the intersection of Rt. 322 and Rt. 306, the site benefits from strong visibility and traffic counts of approximately 12,000 vehicles per day. The surrounding area is anchored by national and regional retailers including Giant Eagle, Drug Mart, McDonald’s, and USPS, enhancing the appeal for tenants and visitors alike. Chesterland’s reputation for stable demographics and business-friendly infrastructure further supports the asset’s long-term value.
Whether for an investor seeking stable returns or an owner-user looking to establish a headquarters in a high-demand submarket, this property delivers flexibility, location strength, and upside potential. The existing multi-tenant layout allows for diversified income streams, while the land size opens the door to future development. With proximity to major routes and a vibrant mix of nearby amenities, 8437 Mayfield Rd is a standout opportunity in Geauga County.
Strategically located near the intersection of Rt. 322 and Rt. 306, the site benefits from strong visibility and traffic counts of approximately 12,000 vehicles per day. The surrounding area is anchored by national and regional retailers including Giant Eagle, Drug Mart, McDonald’s, and USPS, enhancing the appeal for tenants and visitors alike. Chesterland’s reputation for stable demographics and business-friendly infrastructure further supports the asset’s long-term value.
Whether for an investor seeking stable returns or an owner-user looking to establish a headquarters in a high-demand submarket, this property delivers flexibility, location strength, and upside potential. The existing multi-tenant layout allows for diversified income streams, while the land size opens the door to future development. With proximity to major routes and a vibrant mix of nearby amenities, 8437 Mayfield Rd is a standout opportunity in Geauga County.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built
1975
Price
$797,000
Price Per SF
$66.42
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,992 SF
Slab To Slab
9’
Building FAR
0.39
Lot Size
0.71 AC
Zoning
C
Parking
40 Spaces (4.85 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- CAS Data Loggers
- -
- -
- -
- -
- Computer Aided Solutions LLC
- Retailer
- -
- -
- -
- Enhanced Rehabilitation Service
- Health Care and Social Assistance
- -
- -
- -
- Malik Law
- Services
- -
- -
- -
- Negative Review Removal Consultants
- Public Administration
- -
- -
- -
- Tristate Construction
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| CAS Data Loggers | - | - | - | - | ||
| Computer Aided Solutions LLC | Retailer | - | - | - | ||
| Enhanced Rehabilitation Service | Health Care and Social Assistance | - | - | - | ||
| Malik Law | Services | - | - | - | ||
| Negative Review Removal Consultants | Public Administration | - | - | - | ||
| Tristate Construction | Professional, Scientific, and Technical Services | - | - | - |
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PROPERTY TAXES
| Parcel Number | 11-362800 | Improvements Assessment | $74,100 |
| Land Assessment | $85,120 | Total Assessment | $159,220 |
PROPERTY TAXES
Parcel Number
11-362800
Land Assessment
$85,120
Improvements Assessment
$74,100
Total Assessment
$159,220
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Chester Business Park | 8437 Mayfield Rd
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