The typical asking rate per listing is in the $10's per square foot per year. The North Collinwood region is seeing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Cleveland market, the North Collinwood region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the office spaces in the North Collinwood 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 available, so finding a space for a small business might be tough.
Even though the median size is 30,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst North Collinwood folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.