For Sale
$8,700,000

3711 Chester Ave Cleveland, OH 44114

Added:
Dec 11, 2024
Days on market:
137

Highlights

  • Incredible investment opportunity: 2-tenant, NNN office building with newly built-out spaces; 10-year leases with reimbursements and annual rent increases.
  • CHN, a nonprofit affordable housing developer, recently relocated and expanded, self-funding a $3,045,000 build-out.
  • Prime location surrounded by Cleveland Clinic, Cleveland State University (14,000 students), Case Western Reserve University, hotels, JACK Cleveland Casino, restaurants, museums, and entertainment venues.
  • High foot traffic area with proximity to Children's Museum of Cleveland (157,000 annual visitors), Agora Theatre, Playhouse Square, Severance Music Center, and sporting venues.
  • High visibility on Chester Avenue (40,000+ VPD) with convenient access to I-90 (134,000+ VPD).
  • Strong employment base anchored by Cleveland Clinic, University Hospitals, MetroHealth, and numerous Fortune 500 companies.

Property Details for 3711 Chester Ave

Property type
Office properties, Office space
Square Feet
92,536 SF
Year Renovated
2017
Lot Size (sq. ft)
57,499 SF
Units
2

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5051779
Longitude
-81.6611905

FAQs

Where is the office property located?
The property is located at 3711 Chester Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: Incredible investment opportunity: 2-tenant, NNN office building with newly built-out spaces; 10-year leases with reimbursements and annual rent increases.; CHN, a nonprofit affordable housing developer, recently relocated and expanded, self-funding a $3,045,000 build-out.; Prime location surrounded by Cleveland Clinic, Cleveland State University (14,000 students), Case Western Reserve University, hotels, JACK Cleveland Casino, restaurants, museums, and entertainment venues.
How can I contact the broker?
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3711 Chester Ave
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