Cleveland Industrial

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Gatto Group, Inc.
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4620 Johnston Pkwy - Entire Building Lee - Miles, Cleveland, OH two grade doors
Sep 20
14,000
sqft
Industrial
2200 Prospect Ave E - Space Central, Cleveland, OH Close Highway, Onsite Parking, and Close Points Of Interest.
Aug 02
88,000
sqft
Industrial Mixed Use Office Medical

Cleveland

Market Report

Number of Listings
Posted in the last 90 days
14
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,730

Cleveland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Cleveland region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Cleveland market, the Cleveland region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Cleveland Listing Supply

In the last 90 days, 1240 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available space in the Cleveland are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this market were built in 1930 and are Class B.

Cleveland Community

Market Data

Real time and historical data on commercial real estate listings in Cleveland.
Research