Industrial Property for Lease in Cleveland, OH
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Cleveland, OH 44135
Description
Cleveland Business Park offers a premier industrial leasing opportunity with three state-of-the-art speculative warehouse buildings totaling approximately 642,340 square feet. Designed for modern distribution and logistics operations, the park features flexible configurations starting at 16,640 square feet, accommodating a wide range of tenant requirements. With completion scheduled for Fall 2027, Cleveland Business Park is positioned to meet the growing demand for high-quality industrial space in a prime logistics corridor.
Market Context
This industrial in Cleveland, OH is listed for lease. It has been on the market for 21 days. Compare it against other industrial listings for lease in Cleveland, OH — <a href="/search/lease/industrial/ohio/cleveland">view the full market</a>.
As of Q1 2026, the Cleveland industrial market showed a 8.8% vacancy rate, and cap rates around 10.5%. Source: Consensus Q1 2026 market report.
Industrial market FAQ
- What is the typical cap rate for industrial in Cleveland?
- About 10.5% as of Q1 2026, per Consensus.
- Is the Cleveland industrial market tightening or softening?
- Vacancy is around 8.8% (Q1 2026).
Unified Estimate
Very Low Confidence$10.63/SF/mo – $14.37/SF/mo
Mid: $12.50/SF/mo
Cost-of-business estimate only; rate estimator unavailable.
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.
Contact
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
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