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Downtown High-Rise Office Building
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1 Cascade Plaza, Akron, OH 44308

23-story office high-rise with on-site 24/7 security, fire suppression, and multiple elevators including freight.

Space Size116,084 SF
Days on Market529

Property Features for 1 Cascade Plaza

General Information

Standard status Active
Size 116,084 SF
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 1 Cascade Plaza Contact us

Downtown Akron Office Building Available for Lease $15/SF/Yr

Size
116,084 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, 30 Days
Sublease
No
A 23 story high-rise office building in Downtown Akron CBD located at Bowery and...
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Listing Agency: NAI Pleasant Valley - Akron
Listed By: Marissa Rufe · License #SAL.2021004616
Source: Moodyscre
Added: Apr 2, 2025 Changed: Sep 5 Last Checked: Sep 11 at 10:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Pleasant Valley - Akron

Investment Insights

Based on property information with market context.

This 23-story high-rise office building in Downtown Akron CBD offers a substantial vertical office configuration and on-site building operations. The property is equipped with a fire suppression system, and features eight elevators including freight service, plus an escalator.

The building is located at Bowery and S. Main Streets in Downtown Akron, with Lock 3, Akron’s Children’s Museum, and the Akron Civic Theatre across the street. Parking is available in a nearby parking garage, and the building is connected to Akron’s Skywalk via the parking deck.

With robust elevator service and 24/7 on-site security, the property supports daily tenant access and building safety requirements for office users.

Key Highlights

  • 23‑story office high‑rise in Downtown Akron CBD at Bowery and S. Main Streets
  • On‑site 24/7 security and fire suppression system
  • 8 elevators, including freight elevators, plus an escalator

Property Analytics

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Current Use

PNC bank Bank PNC Private Bank Financial Advisor Decarlo Michael Law Firm Kevin P. Hardman Law Firm Semple & Eicher Co, ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Acupuncture Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,946
Businesses Nearby

Demographics for 44308, OH

1,037
Population
478
Households
2.2
Avg Household Size
30
Median Age
40%
College-Educated
95%
High-School Grad
0.5 sq mi
ZIP Area
2,074
Density / Sq Mi
$15,473
Median Household Income
$8,924
Median Earnings
$733
Median Rent
$433,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Akron, OH

$16.61 /SF/Yr
Avg Asking Price
$12.25–$20 /SF/Yr
Price Range
24,118 SF
Avg Space Size

This space is priced 10% below the average of $16.61 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 23-story office high-rise with on-site 24/7 security, fire suppression, and multiple elevators including freight.
Where is this office building located?
The property is located at 1 Cascade Plaza Akron, OH.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 23‑story office high‑rise in Downtown Akron CBD at Bowery and S. Main Streets; On‑site 24/7 security and fire suppression system; 8 elevators, including freight elevators, plus an escalator
(330) 204-3873 Call to check price and availability
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