3711 Chester Ave - Office/Residential FOR SALE
Cleveland, OH 44114 |
3711 Chester Ave
Cleveland, OH 44114
HIGHLIGHTS
- Incredible Investment Opportunity: 2-tenant, NNN office building with newly built-out tenant spaces on recent extension and lease executions
- CHN Housing Partners relocation and expansion, while self-funding approximately $3,045,000 to their build-out, designed to meet their specific needs
- Extremely high traveled Chester Avenue with over 40,000 vehicles per day surrounding the building
- Advantageously located with convenient highway access: 0.5 miles to I-90, connecting to all other Cleveland highway systems with over 134,000 VPD
- Main business corridor positioned between Downtown Cleveland, Cleveland State & the Cleveland Clinic, Cleveland’s largest employer
- Strong Employment Base: The Cleveland Clinic Foundation, University Hospitals and MetroHealth Medical Center
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
2-Tenant, NNN Office | 10-Yr Leases w/Bumps
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Loft/Creative Space, Light Distribution
TOTAL BUILDING SIZE
92279
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
337
LAND DETAILS
LAND ACRES
2.17 AC AC
LAND SF
94,525 SF
ZONING
-
APN/PARCEL ID
102-38-041,102-40-014,102-40-046
