Request a Full Offering Memorandum:
• 2 Building, 98% Occupied, NNN Office Asset: Exceptionally Affluent Market with Average Household Incomes Over $200,000 Within a 5-Mile Radius!!
• Consistent High Occupancy Trophy Asset: Meticulously Maintained with Prominent Monument Signage and Being Sold by Original Developer
• All Tenants on Preferred NNN Lease Structures, Attractive 8.60% CAP Rate, Expected 10% Year-1 Cash-on-Cash Return with Many Tenants Having Built-In Rental
Increases Boosting Future Investment Returns
• Below Market Rate for Owner Leased Co-Working Space Creating Additional Upside Potential
• Great Mix of Long-Term Medical (40%+ NOI from Medical) and Other Service-Oriented Recession Proof Users: Recent Renewals, Extensions, Expansions and Leasing
Activity, Proving Tenant Success, and Demand in the Market
• Top Rated Education System in the US: Chagrin Falls High School Rated in Newsweek's "Complete List of Top U.S. Schools", and Has Been Named an "Excellent" Rating
for Numerous Years that (Consistently Ranks in the Top 100 Public Schools in the Country), a Blue Ribbon District, and Regularly Ranked as a Top 10 District in Ohio, Along
with Neighboring Kenston Local Schools in Bainbridge Ranked #15 in Ohio by U.S. News
• Additional Income (Approx. $21,000) For Reserve Account Associated with Tenant Collections, a Financial Buffer for Improvements Included with Sale
• Nicely Staggered Rent Roll with No Major Tenants Up for Near-Term Expiration, Along with Tenured Tenants, Who Have Consistently Exercised Renewals and Newly
Executed Leases
• Directly Off US-422 (Connecting to I-480 and I-271, Some of Cleveland’s Most Heavily Traveled Highways) with Highway Visibility from Over 37,100+ VPD and 33,000+
VPD at the Intersection of Chagrin Road and Route 306, Making Sets Winbury Aside From Competition Office Parks Due to the Ease of Access
• Loads of Building Amenities: Some Separate/Private Entrances, Custom Designed Suites, High Speed Internet, Individual Temperature Controls, Automated Access, 24-
Hour Security, Building Conference Room with Smart TV and Videoconference Capabilities
• Located 4-Miles from the Nationally Known Historic Downtown Chagrin Falls, Offering Shopping, Dining, Festivals, Events, Which Includes The Blossom Time Festival, Art
by the Falls and Chagrin Documentary Film Festival
• Surrounded by High-Class Residential Communities and Luxury Living with the Recent Addition of Riverhaus Chagrin Falls of Brand-New Luxury Townhomes Overlooking
the Chagrin River
• Geauga County Ranked by Forbes Magazine as the “4th Best County in the Nation to Raise a Family” and in recent years, Chagrin Falls was named as
ChamberOfCommerce.org “Ohio's Best City to Live”
• Desirable Suburban Community with Short Commute (30 Miles) to Downtown Cleveland with Immediate Proximity to Several Colleges and Universities, National
Retailers and High-Profile Companies, Along with Being 30 Miles to Cleveland Hopkins International Airport