Cleveland Sublease

Cleveland

Office Space Market Report

Number of Listings (last 90 days)
108
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,710
As of: January 21, 2017

Cleveland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Cleveland submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

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

Cleveland Listing Supply

In the last 90 days, 108 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available space in the Cleveland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,710 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1932 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