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Office Flex Space with Parking
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1163 E 40TH ST, Cleveland, OH 44114

Flexible office/flex space with private offices and open area, plus on-site parking.

Space Size1,283 SF - 5,000 SF
Days on Market102

Property Features for 1163 E 40TH ST

General Information

Standard status Active
Size 1,283 SF - 5,000 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Highway Access Yes

Amenities

on-site parking
event center

Spaces For Lease

at 1163 E 40TH ST Contact us

1163 E 40th St $12/SF/Yr

Floor
1
Size
1,283 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
1
Size
2,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
1
Size
5,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
2
Size
2,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
2
Size
2,800 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
2
Size
3,836 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
2
Size
4,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
3
Size
1,500 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us

1163 E 40th St $12/SF/Yr

Floor
3
Size
2,800 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Versatile office/flex space suitable for a variety of users - Functional layout...
show more
Contact us
Listing Agency: Cresco Real Estate | Cleveland
Listed By: Eliot Kijewski, SIOR
Source: Moodyscre
Added: Jun 3 Changed: Sep 2 Last Checked: Sep 12 at 4:30AM

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 Cresco Real Estate | Cleveland

Investment Insights

Based on property information with market context.

Versatile office/flex space suitable for a variety of users, featuring a functional layout with a mix of private offices and open area. The space is positioned to support uses including creative office, light industrial, showroom, or service-based operations. The property also includes an event center on site, providing an additional use within the building.

Located in Cleveland’s Midtown submarket, the property offers convenient access to I-90 and Downtown Cleveland. On-site parking is available, supporting daily tenant access and visitor parking. The property is centrally located with strong connectivity to surrounding neighborhoods, and it is near area amenities, dining, and retail.

The configuration is designed to accommodate different space needs, with flexibility to customize the space to fit tenant requirements.

Key Highlights

  • Versatile office/flex space with a functional layout of private offices plus open area
  • Flexible configuration designed to accommodate different tenant space needs
  • On‑site parking available

Property Analytics

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Open Analytics

Current Use

EventWorks 4D Rental Equipment Company Reception (Ariel International ... Conference Center em2p2 (Bike/Boat/Book/etc) Store Zuga Medical Dental Office Uber Greenlight (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Acupuncture

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44114, OH

7,622
Population
5,151
Households
1.5
Avg Household Size
32
Median Age
47%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
2,541
Density / Sq Mi
$45,400
Median Household Income
$39,915
Median Earnings
$1,296
Median Rent
$112,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cleveland, OH

$8.22 /SF/Yr
Avg Asking Price
$5.5–$14.95 /SF/Yr
Price Range
53,621 SF
Avg Space Size

This space is priced 46% above the average of $8.22 /SF/Yr.

Vacancy Rate% for Office in Cleveland, OH

6.9% 2019
6.6% 2020
6.6% 2021
7.6% 2022
10.8% 2023
10.6% 2024
10.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Marigold Catering 3901 Lakeside Ave E, Cleveland, OH 44114
  • HarvestOwl 5320 Stanard Ave, Cleveland, OH 44103
  • Ferleen's Catering 5320 Stanard Ave, Cleveland, OH 44103

Frequently Asked Questions

What type of property is this?
Flex space - Flexible office/flex space with private offices and open area, plus on-site parking.
Where is this flex space located?
The property is located at 1163 E 40TH ST Cleveland, OH.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Versatile office/flex space with a functional layout of private offices plus open area; Flexible configuration designed to accommodate different tenant space needs; On‑site parking available
(216) 525-1487 Call to check price and availability
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