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Embassy Exchange Office Space Available
For Lease
$19 SF/Yr

4040 Embassy Parkway, Akron, OH 44333

50,556 RSF office building with renovated amenities for rent.

Space SizeContact for details
Property Size17,521 SF
Days on Market260

Property Features for 4040 Embassy Parkway

General Information

Standard status Active
Size 17,521 SF
Property subtype Office
Listing Agency: CBRE | Cleveland
Listed By: Steve Lazarides
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 8 at 7:40AM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

Embassy Exchange is a 50,556 RSF building offering options for both large and smaller tenants. The property features a recently renovated building conference room, auditorium, and breakroom with a kitchen, providing opportunities to host events. A grand atrium offers main floor collaborative space for tenants.

Key Highlights

  • 50,556 RSF building offering options for large and smaller tenants.
  • Recently renovated building conference room.
  • Recently renovated auditorium.

Property Analytics

Current Use

CBIZ Business To Business Service Sovereign Chemical Company Chemical Plant INPATIENT MEDICAL SERVICES Corporate Office CooksonPeirce Bank Ruport Co Law Firm

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Storage Facility HVAC Service Grocery & Convenience Store Garden Center

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 44333, OH

19,449
Population
8,598
Households
2.3
Avg Household Size
49
Median Age
64%
College-Educated
98%
High-School Grad
28.4 sq mi
ZIP Area
685
Density / Sq Mi
$119,313
Median Household Income
$63,920
Median Earnings
$1,232
Median Rent
$362,600
Median Home Value

Market

Lease Benchmarks for Akron, OH

$16.68 /SF/Yr
Avg Asking Price
$12.25–$20 /SF/Yr
Price Range
22,505 SF
Avg Space Size

This space is priced 14% above the average of $16.68 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 50,556 RSF office building with renovated amenities for rent.
Where is this office building located?
The property is located at 4040 Embassy Parkway Akron, OH.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 50,556 RSF building offering options for large and smaller tenants.; Recently renovated building conference room.; Recently renovated auditorium.
More about this property
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