Ohio City Office Space

Ohio City

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,200
As of: June 27, 2017

Ohio City Rates

The typical asking rate per listing is in the $30's per square foot per year. The Ohio City region is seeing a a boost in rates. In the last 3 months, the median rate went up $30 per sqft per year.

Compared to the rest of the Cleveland market, the Ohio City submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Ohio City Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Ohio City 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,200 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1920 and are Class B.

Ohio City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Ohio City occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Ohio City.
Market Report

Market Data

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