Cleveland Sublease

Cleveland

Office Space Market Report

Number of Listings (last 90 days)
122
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,070
As of: June 25, 2017

Cleveland Rates

On average, listings lease in the $20's per square foot per year. The Cleveland submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Compared to the rest of the Cleveland market, the Cleveland submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Cleveland Listing Supply

In the last 90 days, 122 listings have been listed, so you'll want to check back regularly for new listings. About 102% of the listings in the Cleveland are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,070 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this region were built in 1931 and are Class B.

Cleveland Community

Market Report

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

Market Data

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