The typical asking rate per listing is in the $20's per square foot per year. The Cleveland region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 23% decline 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, 122 listings have been posted online, so you'll want to check back regularly for new listings. About 99% of the office spaces 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 3,660 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this area were built in 1930 and are Class B.