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Divisible Warehouse Space Available
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5171 Canal Rd, Cleveland, OH 44125

Divisible warehouse space for lease in central Cuyahoga County.

Space Size30,110 SF
Days on Market1442

Property Features for 5171 Canal Rd

General Information

Standard status Active
Size 30,110 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 5171 Canal Rd
5171 Canal Rd $5.95/SF/Yr
Floor Bldg
Size 30,110 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Divisible 20,000 SF - 30,110 SF - Total Size: 30,110 SF - Warehouse: 25,810 SF - Office: 4,300 SF - Clear Height: 14’ - Four (4) docks - Three (3), 12’ x 12’ drive-in doors - Parking: 25 surface spaces with additional parking on the side and rear of the building - Lease Rate: $5.95/SF, NNN
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Listing Agency: CBRE | Cleveland
Listed By: George Stevens, SIOR, CCIM
Source: Moodyscre
Added: Nov 4, 2022 Changed: Oct 13 Last Checked: Oct 15 at 1:52AM

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

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Investment Insights

Based on property information with market context.

This divisible warehouse space offers a total size of 30,110 square feet, with 25,810 square feet dedicated to warehouse space and 4,300 square feet for office use. The property features a clear height of 14 feet, four docks, and three 12-foot by 12-foot drive-in doors. There are 25 surface parking spaces available, with additional parking located on the side and rear of the building. The property is strategically located in central Cuyahoga County, near I-77 and I-480, and is just minutes from downtown CBD. It is situated on the northeast corner of Canal Road and East 71 Street. The space is divisible, with available sizes ranging from 20,000 to 30,110 square feet.

Key Highlights

  • Strategic Central Cuyahoga County location (I‑77 & I‑480)
  • Divisible 20,000 SF - 30,110 SF Total Size
  • Features four (4) docks

Property Analytics

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Current Use

FedEx Drop Box Postal Service Rural/Metro Corporation Ambulance Service Sana Flooring Company Big Box & Wholesale Store

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Hair Salon Storage Facility Grocery & Convenience Store Bakery

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
$0.89 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44125, OH

29,663
Population
12,849
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
90%
High-School Grad
14.0 sq mi
ZIP Area
2,119
Density / Sq Mi
$55,524
Median Household Income
$37,292
Median Earnings
$1,103
Median Rent
$107,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cleveland, OH

$8.4 /SF/Yr
Avg Asking Price
$5.42–$15 /SF/Yr
Price Range
57,139 SF
Avg Space Size

This space is priced 29% below the average of $8.4 /SF/Yr.

Vacancy Rate% for Industrial in Cleveland, OH

3.8% 2019
3.7% 2020
3.6% 2021
3% 2022
2.7% 2023
2.7% 2024
3.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Divisible warehouse space for lease in central Cuyahoga County.
Where is this warehouse located?
The property is located at 5171 Canal Rd Cleveland, OH.
What is the lease rate?
The lease rate is $5.95 SF/Yr.
What are key features of this property?
This property features: Strategic Central Cuyahoga County location (I‑77 & I‑480); Divisible 20,000 SF - 30,110 SF Total Size; Features **four (4) docks**
(216) 687-1800 Call to check price and availability
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