Iconic Medical Office
For Sale
Contact for pricing
Pending
3690 Orange Pl, Beachwood, OH 44122
Medical office building in Beachwood, Ohio, with highway exposure.
Property Size128,729 SF
Days on Market1598
Property Features for 3690 Orange Pl
General Information
Standard status
Pending
Size
128,729 SF
Class
B
Property subtype
Office
Zoning
commercial
Occupancy
85%
Lease Type
Modified Gross
Investment Type
Stabilized
Building Details
Year Built
1974
Year Renovated
2022
Buildings
1
Stories
5
Tenancy
Multi
Listing Agency:
Cushman & Wakefield CRESCO Real Estate
Listed By:
David Leb · License #OH SAL.2015004836
Source:
Crexi
Added: Apr 7, 2022
Changed: Aug 8
Last Checked: Jul 24 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield CRESCO Real Estate
Investment Insights
Based on property information with market context.
Orangewood Place Medical Building, constructed in 1974 and renovated between 2017-2023, is located at 3690 Orange Place in Beachwood, Ohio. This medical office building has direct highway (I-271) exposure in Cleveland's east side suburb of Beachwood, Ohio. The 128,729 square foot property is home to a variety of medical occupiers and professional service companies. The property features a surface lot with 414 spaces and a 150-car underground parking garage. The building has a 5-story central glass atrium which connects the two sides of the building, allowing natural light into the common areas and providing entrances from the east and west ends of the property. The property is located near Pinecrest, a $250 Million Dollar mixed-use development. Tenants include dentists, oral surgeons, eye doctors, primary care physicians, mental health service providers, and behavioral health specialists. The building is currently 88% occupied. The roof was replaced in 2017, and the parking garage was stabilized and waterproofed in 2018. Common area restrooms, the lobby, parking lot, and lighting have been improved.
Key Highlights
- Prime location in affluent Beachwood, Ohio, with direct highway (I‑271) exposure.
- Significant recent renovations (2017‑2023) including new elevators and roof.
- High occupancy rate (88%) with upside potential to increase income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44122, OH
36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building in Beachwood, Ohio, with highway exposure.
Where is this medical office space located?
The property is located at 3690 Orange Pl Beachwood, OH.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: Prime location in affluent Beachwood, Ohio, with direct highway (I‑271) exposure.; Significant recent renovations (2017‑2023) including new elevators and roof.; High occupancy rate (88%) with upside potential to increase income.
