Error received: "Failed to save target content: Access to the path 'xxxx' is denied"

I am trying to save target content from a Word docx file and it is telling me that access to a given path is denied. I DO have rights to these paths - I have tried several - on the cloud and directly on my machine's hard drive. 

The file has 300 pages and 74,000 words, but is not that large in digital size - it is 1.84 MB. Though, I was wondering if this has something to do with the size. 

Does anyone have any suggestions? Thanks!

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