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    2223 Lee Rd Cleveland Heights, OH

    For Lease
    $32 SF/Yr

    Pre-leasing retail space in Cleveland Heights, delivery Spring 2025.

    Property size:
    8,534 SF
    Lot size:
    1.06 Acres

    Property Features for 2223 Lee Rd

    General Information

    Size
    8,534 SF
    Lot size
    1.06 Acres

    Source: Cresco Real Estate | Cleveland Agent Ryan Fisher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Mixed-Use Development

    This retail space is available for pre-leasing within the Marquee at Cedar Lee, a new mixed-use development currently under construction and estimated for delivery by Spring of 2025. The property features a prominent window line and frontage on Lee Road, which sees 11,135 vehicles per day. On-site parking is ample, with over 265 covered and surface spaces available. A massive patio opportunity exists alongside a brand-new public green space. The location is adjacent to the historic Cedar-Lee Theater and near retailers such as CVS, Dewey’s Pizza, Boss Dog Brewing Co, Anatolia Cafe, and the Tavern Company. The property is also located minutes from Cleveland Heights High School, Cedar Fairmount, University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic Main Campus, and John Carroll University. The property offers 8,534 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Cleveland Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6089873
    Latitude
    41.5091257

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    FAQs

    What type of property is this?
    Retail space - Pre-leasing retail space in Cleveland Heights, delivery Spring 2025.
    Where is this retail space located?
    The property is located at 2223 Lee Rd Cleveland Heights, OH.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the new Marquee at Cedar Lee mixed-use development.; - Ample on-site parking with over 265 spaces, both covered and surface.; - High visibility with prominent window line and frontage on Lee Road (11,135 vehicles per day).
    (216) 525-1497
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2223 Lee Rd Cleveland Heights, OH
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