Back

1 of 44

2 of 44

3 of 44

4 of 44

5 of 44

6 of 44

7 of 44

8 of 44

9 of 44

10 of 44

11 of 44

12 of 44

13 of 44

14 of 44

15 of 44

16 of 44

17 of 44

18 of 44

19 of 44

20 of 44

21 of 44

22 of 44

23 of 44

24 of 44

25 of 44

26 of 44

27 of 44

28 of 44

29 of 44

30 of 44

31 of 44

32 of 44

33 of 44

34 of 44

35 of 44

36 of 44

37 of 44

38 of 44

39 of 44

40 of 44

41 of 44

42 of 44

43 of 44

44 of 44

3401 Enterprise Pky
Beachwood, OH 44122

$15,320,000 USD

Medical For Sale • 130,000 SF

Property Details

Property Type Medical
Total Building Size 130,000 SF
Lot Size 7.93 AC
Building Class A
Year Built 1985
Cap Rate 7.50 %
Tenancy Multiple
Zoning MOTORIST SERVICES

0 Transit Score

41 Walk Score

                
                    Highlights
                
                                Rare Opportunity: Class A medical/professional building - irreplaceable RE with tremendous upside (current occupancy 79% vs market 94%). 
                            
                                One of the most desirable and sought-out suburban markets for all properties: directly adjacent to I-271 (175,000 VPD) & 212,000 people within 5 miles
                            
                                Located among some of highest concentration of office occupancy in Greater Cleveland: Chagrin Boulevard Corridor at 94%.
                            
                                Low $118/SF pricing, far below replacement costs with 65% of existing tenants leased to 2027 and beyond (WALT 5.2 Years) and over 70% Nationals.
                            
                                New (2022) 15-year roof, recent elevator modernization project ($600,000), high-end building amenities: outdoor terraces, heated garage, and a café.
                            
                                Strong, affluent market with average household incomes of over $180,000 within 1 mile | State-rated as Excellent & Top-rated Beachwood Schools.t

Property Flyers

View the 3401 Enterprise Parkway Flyer

Financial Summary (Actual)

Net Operating Income: $1,149,241 USD (2024)

Cap Rate:

7.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Arizona College of Nursing
The Emily Program		7/31/2029

Amenities

24 Hour Access
Atrium
Bus Line
Controlled Access
Conferencing Facility
Courtyard
Food Court
Food Service
Property Manager on Site
Restaurant
Security System
Signage
Kitchen
Roof Terrace
Storage Space
Natural Light
Open-Plan
Monument Signage
Outdoor Seating
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	34 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	600
Type:	Surface
Included in Rent:	Yes

Daniel Cooper 440-305-5323 Cooper Commercial Investment Group

3401 Enterprise Pky Beachwood, OH 44122