Chagrin Lee Square

Property Details 
The property consists of two office/flex buildings totaling 39,515 SF on 3.5 acres.

The Property also consists of a Walgreens ground lease until 2054.

Property Highlights
• Located 7.6 Miles from downtown Cleveland.
•Two  office/flex  buildings  totaling  39,515  SF  on  3.5  acres
•38,000  vehicles  per  day  combined  on  Chagrin  Boulevard  and  Lee  Road
•Hard  corner  redevelopment  opportunity
•Barriers  to  entry  in  Shaker  Heights
•Dense  population  –  137,930  with  $66,112  average  household  income  within  3  miles
•Schools,  library,  and  municipal  building  all  in  close  proximity
•Grocery-anchored  retail  center  directly  across  street
•Convenient  access  to  RTA (Regional Transit Authority)
•Property  includes  Walgreen’s  ground  lease
•USPS  vehicle  repair  facility  lease  recently  renewed

Chagrin-Lee Square was acquired by CRE PRO in July of 2018. It is comprised of two office/flex buildings totaling 39,515 square feet. It sits on 3.5 acres and includes a Walgreens ground lease until 2054. The Property was foreclosed on by US Bank and acquired at auction by Gideon Gratsiani of CRE PRO.