Most listings are in the $10's per square foot per year. The North Collinwood region is seeing a a boost 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 undervalued submarket.
In the last 90 days, 5 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 30,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market 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 area. Commute by bike is the most popular way to get to work amongst North Collinwood residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.