Pavilion Office Building
Property Type: Office | Property Status: Sold
Property Details
Price: $3,275,000
CAP Rate:
Square Feet:
Tenancy Type: Regional
Lease Type:
Location Info
Address: 24100 Chagrin Blvd.
City: Beachwood
State: OH
Zip: 4122
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the Pavilion Office Building located in heart of the Chagrin corridor of the highly sought after Beachwood, Ohio office district. Dan Cooper, President and Broker of Cooper Commercial Investment Group in Cleveland, Ohio had the privilege to represent the owner, a private group out of Beachwood, Ohio, and the buyer, a private investor, was also directly found by Cooper. The Buyer was found on the first day of marketing the property for sale and had a signed purchase agreement within two weeks at 96% of the original list price. The sale of the property was for $3,275,000, representing an 8.72% CAP Rate.
Details