CANAM VENTURES LLC
Price
Price on request
Price/Sq Ft
$4.00
Description
+ 60,511 Gross Sq. Ft. + 43,098 Available Sq. Ft. + Warehouse: 35,982 Sq. Ft., with office to be built + 7,116 Sq. Ft., with 1,278 Sq. Ft. of Office + Lease Term: 3 - 5 years + Lease Rate: $4.00 Modified Gross
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
As of Q1 2026, the Cleveland industrial market showed a 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
indicative confidenceModeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Cleveland industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 5.5%–7.3%, asking rent trend-adjusted to today).
Compare it against other industrial listings for lease in Akron, OH to benchmark pricing and space — view the full market.
Industrial market FAQ
- What is the typical cap rate for industrial in Cleveland?
- About 10.5% as of Q1 2026, per multiple brokerages.
- Is the Cleveland industrial market tightening or softening?
- Vacancy is around 8.8% (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-antonio (similarity: 98%) with 9 comparable listings.
Lease Rate & Market Trend
Market report quarterly trend fallback
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Rent vs. Market
$4
10.8% below market average
Listed at $4.0/sqft/mo vs. market avg $4.48/sqft/mo
Assumptions
- Market comparison: industrial in akron, OH
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