Log In/Sign Up
Your email has been sent.
40,700 SF Rare Anchor Big Box on 3.21 Acres 23949 Chagrin Blvd 40,700 SF Retail Building Beachwood, OH 44122 $5,345,436 CAD ($131.34 CAD/SF)
INVESTMENT HIGHLIGHTS
- Shadow anchored by Pavilion Shopping Center
- Rare anchor store box purchase opportunity in one of the best retail and demographic markets in Northern Ohio
- Loading: 2 recessed truck wells
- Join Giant Eagle, Petco, Ross Dress for Less, Michaels and more | $184,614 average household incomes within 1-mile and $139,172 within 3-miles
- Value Add: future potential outlot opportunity
- High traffic counts of 25,800 VPD on Chagrin Blvd (source ODOT TIMS)
EXECUTIVE SUMMARY
• Ceiling heights:
— South wall: The bottom of joist is approximately 17'-11", and bottom of deck is approx. 19'-8 3/4" (south is the front of the store facing Chagrin). North wall: The bottom of joist is 16'-3", and 18' to the bottom of the deck (north is the rear of the store) - the roof slopes from front to back (building has internal roof drains).
• Zoned: U-4A integrated Business
— Permitted uses include general retail, hotel, multifamily with ground floor retail, childcare, fitness and more
— The property is subject to the Pavilion CCR's and would require consent from the neighboring owner
— PPN: 74215035 (Cuyahoga County)
• The site is located in the heart of the Beachwood MSA, the market features:
— Retail: High-end retail, featuring Ohio's only Saks, Cleveland's only Nordstrom, Restoration Hardware Mansion, Tiffany, Apple, Whole Foods, Warby Parker and many more
— Office: Over 5m SF office space with 6 Fortune 500 Companies in the east side office district
— Medical: Minutes from University Hospital Ahuja hospital, which underwent a $236m expansion in '24
— Hotels: Over 15 hotels with over 2,000 keys
— South wall: The bottom of joist is approximately 17'-11", and bottom of deck is approx. 19'-8 3/4" (south is the front of the store facing Chagrin). North wall: The bottom of joist is 16'-3", and 18' to the bottom of the deck (north is the rear of the store) - the roof slopes from front to back (building has internal roof drains).
• Zoned: U-4A integrated Business
— Permitted uses include general retail, hotel, multifamily with ground floor retail, childcare, fitness and more
— The property is subject to the Pavilion CCR's and would require consent from the neighboring owner
— PPN: 74215035 (Cuyahoga County)
• The site is located in the heart of the Beachwood MSA, the market features:
— Retail: High-end retail, featuring Ohio's only Saks, Cleveland's only Nordstrom, Restoration Hardware Mansion, Tiffany, Apple, Whole Foods, Warby Parker and many more
— Office: Over 5m SF office space with 6 Fortune 500 Companies in the east side office district
— Medical: Minutes from University Hospital Ahuja hospital, which underwent a $236m expansion in '24
— Hotels: Over 15 hotels with over 2,000 keys
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
40,700 SF
Building Class
B
Year Built
1974
Price
$5,345,436 CAD
Price Per SF
$131.34 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.29
Lot Size
3.21 AC
Zoning
U-4A - U-4A Integrated Business
Parking
800 Spaces (19.66 Spaces per 1,000 SF Leased)
Frontage
212’ on Chagrin Blvd
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 742-15-035 | Improvements Assessment | $885,769 CAD (2024) |
| Land Assessment | $521,703 CAD (2024) | Total Assessment | $1,407,473 CAD (2024) |
PROPERTY TAXES
Parcel Number
742-15-035
Land Assessment
$521,703 CAD (2024)
Improvements Assessment
$885,769 CAD (2024)
Total Assessment
$1,407,473 CAD (2024)
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
40,700 SF Rare Anchor Big Box on 3.21 Acres | 23949 Chagrin Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.