Pepper Pike Place - office in Pepper Pike, OH
Office

Pepper Pike Place

pepper pike place, pepper pike, OH 44124

Price

Price on request

Price/Sq Ft

$24.00

Description

One of the premier professional office buildings on the Chagrin corridor Pepper Pike Place was constructed in 1980 and remains one of the premier professional office buildings on the Chagrin cooridor. Extensive interior renovations underway will ensure Pepper Pike Place will continue to set the bar for Class A office space in Cleveland.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

pepper pike place, pepper pike, OH 44124

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Unified Estimate

Low Confidence
$22.10/SF/mo-$29.90/SF/mo
Mid: $26.00/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market trend fallback (no county sold history available)

Low Confidence
  • Avg Rent ($/SF/mo) (market fallback)
  • Vacancy %
Q3 '19Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q4 '25Q1 '26$0$15$30$45$600%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

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

YoY Growth:+0.1%
Avg Weekly Wage:$1,356

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,245,873
Median Income$64k↓ 14%
College Educated31.5%
Median Age40.4 yrs
Median Home Value$195k
Unemployment6.6%↑ 3.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Rent vs. Market

$26

On par with market

Listed at $26.0/sqft/mo vs. market avg $25.25/sqft/mo

Assumptions
  • Market comparison: office in pepper pike, OH

More Office for Lease in Pepper Pike, OH(5)

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Listed by

CBRE System Import