On average, listings lease in the $10's per square foot per year. The Beachwood region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 10 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1979 and are Class B.