Most listings are in the $20's per square foot per year. The Cleveland submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Cleveland market, the Cleveland region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1240 listings have been listed, 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 find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1931 and are Class B.
Real time and historical data on commercial real estate listings in Cleveland.
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