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.
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.
Real time and historical data on commercial real estate listings in Cleveland.
Get email notifications when new listings are posted that match your requirements.