3401 Enterprise PkwyBeachwood, OH 44122

This exceptional 130,000 square foot, four-story Class A office building in Beachwood, Ohio, presents a rare investment opportunity. Strategically located at the intersection of I-271 and Chagrin Boulevard, it boasts maximum visibility and recognition. Designed by The Architects Collaborative, the building features floor sizes ranging from approximately 20,000 to 28,000 square feet, based on 30-square foot modular bays. Thirty-five corner offices are distributed across the four floors, seven per floor, complemented by ten private 900 square foot rooftop terraces. The impressive lobby showcases a large abstract painting and black granite flooring. Amenities include a 72-space heated indoor parking garage, ample surface parking (660 spaces total), a tenant-use conference center, and proximity to numerous stores, restaurants, and hotels. Built in 1985 and extensively renovated in 2019 and 2022, the property sits on a 7.93-acre lot with U-9 zoning. The building's current Net Operating Income (NOI) is $1,149,241, with a 7.50% cap rate and an asking price of $15,320,000 ($117.85/sq ft). The high-traffic location, with over 68,000 vehicles daily on Chagrin Boulevard and over 174,535 on I-271, ensures exceptional visibility. The area is known for its affluent residents and high concentration of businesses, including major employers like University Hospitals Ahuja Medical Center, Eaton Corporation, and the Cleveland Clinic. The property's strong tenant base, with a significant portion in the medical industry, and recent lease extensions demonstrate its stability and appeal. Recent building improvements include a new roof (2022 with a 15-year transferable warranty) and an elevator modernization project (over $600,000). This is an unparalleled opportunity to acquire a premier commercial property in a thriving, high-demand market.