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7207 Chagrin Rd 7207 Chagrin Rd

18,600 SF 100% Leased Flex Building Chagrin Falls, OH 44023 $1,495,000 ($80.38/SF) 8.16% Cap Rate

Flex Space Ohio Chagrin Falls 7207 Chagrin Rd, Chagrin Falls, OH 44023

EXECUTIVE SUMMARY

Rare offering of prime flex property in Chagrin Falls. Offered together with 7209 Chagrin flex building. Can be purchased together as a package or separately. New roof October 2021, all suites recently renovated. Fully occupied by wonderful mix of talented local tenants such as Heartwood Coffee/Roastery, Evergreen Baked Goods, Glass Asylum, 2Belles, Set Fitness, and Northwest Territory Cidery in the 7207 Chagrin building, and White Cloud Pilates, Process 4, and Sanders Chiropractic in the 7209 Chagrin building. Located 1/2 mile from the Village of Chagrin Falls, but in Bainbridge Township, Geauga County, so no RITA tax in townships.
Please sign and return attached NDA for Rent Roll and Operating Analysis.

ATTACHMENTS

7207 Chagrin - Fact Sheet 2024
7207 NDA Form 05.01.2024

PROPERTY FACTS

Price $1,495,000 Rentable Building Area 18,600 SF
Price Per SF $80.38 No. Stories 1
Sale Type Investment Year Built/Renovated 1990/2023
Cap Rate 8.16% Parking Ratio 2.48/1,000 SF
Property Type Flex Clear Ceiling Height 15’
Property Subtype
Showroom
  • Showroom
 No. Dock-High Doors/Loading 3
Building Class B No. Drive In / Grade-Level Doors 6
Lot Size 1.49 AC
Price $1,495,000
Price Per SF $80.38
Sale Type Investment
Cap Rate 8.16%
Property Type Flex
Property Subtype
Showroom
  • Showroom
Building Class B
Lot Size 1.49 AC
Rentable Building Area 18,600 SF
No. Stories 1
Year Built/Renovated 1990/2023
Parking Ratio 2.48/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 6

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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PROPERTY TAXES

Parcel Number 02-376800 Improvements Assessment $78,540
Land Assessment $34,860 Total Assessment $113,400

PROPERTY TAXES

Parcel Number
02-376800
Land Assessment
$34,860
Improvements Assessment
$78,540
Total Assessment
$113,400

ZONING

Zoning Code LIR (light industrial, office, some retail)
LIR (light industrial, office, some retail)
(216) 533-5414

CONTACT

  • Listing ID: 31680052

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 7207 Chagrin Rd, Chagrin Falls, OH 44023

More public record information on 7207 Chagrin Rd, Chagrin Falls, OH 44023

The Flex Property at 7207 Chagrin Rd, Chagrin Falls, OH 44023 is currently available for sale. Contact Chagrin Valley Commercial Real Estate for more information.

FLEX PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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7207 Chagrin Rd, Chagrin Falls, OH for sale Building Photo- Image 1 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Building Photo- Image 2 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Building Photo- Image 3 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Building Photo- Image 4 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Interior Photo- Image 5 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Interior Photo- Image 6 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Interior Photo- Image 7 of 10
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7207 Chagrin Rd, Chagrin Falls, OH for sale Site Plan- Image 8 of 10
7207 site plan + floor plan
7207 Chagrin Rd, Chagrin Falls, OH for sale Site Plan- Image 9 of 10
7207 Industrial basic suite layout

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7207 Chagrin Rd | 7207 Chagrin Rd
(216) 533-5414 x

7207 Chagrin Rd | 7207 Chagrin Rd

Peter Cary

(216) 533-5414

(216) 533-5414

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