Cleveland Commercial Real Estate

4549 State Rd - Entire Building Old Brooklyn, Cleveland, OH  
Oct 07
40,000
sqft
For Sale Industrial Mixed Use Office
5000 Prospect Ave E - Entire Building Central, Cleveland, OH loading docks and divisible
Sep 27
25,000
sqft
For Sale Industrial Mixed Use Office
14138 Lorain Ave - Entire Building Jefferson, Cleveland, OH  
Aug 12
5,800
sqft
For Sale Industrial

Cleveland

Market Report

Number of Listings
Posted in the last 90 days
14
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,620

Cleveland Rates

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.

Cleveland Listing Supply

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.

Cleveland Community

Market Data

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