Central Retail

Central

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
11,770
As of: December 10, 2016

Central Rates

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

Central Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases are probably leasing quickly. 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 11,770 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this region were built in 1931 and are Class B.

Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Central folk. Commuting around an hour 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 Central.
Market Report

Market Data

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