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Flex Office-Warehouse Building
For Lease
$7.50 SF/Yr

12450 - 54 Plaza Drive, Parma, OH 44130

Multi-tenant, sprinklered masonry flex building with ample parking and convenient highway access for office and warehouse users.

Property Size7,905 SF
Days on Market33

Property Features for 12450 - 54 Plaza Drive

General Information

Standard status Active
Size 7,905 SF
Property subtype Industrial

Building Details

Year Built 1985
Listing Agency: Lee & Associates | Cleveland
Listed By: Connor Krouse · License #2018003406
Source: Lee-associates
Added: Jun 29 Changed: Jul 10 Last Checked: Jul 30 at 5:59AM

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 Lee & Associates | Cleveland

Investment Insights

Based on property information with market context.

Plaza Drive Business Park I is a single-story, masonry, multi-occupant flex office and warehouse building. The space is equipped with a wet sprinkler system and supported by well-maintained building components, including a new roof. The property is professionally managed and features ample parking to support tenant and customer access.

The location is described as offering convenient highway access, which can be important for teams that require regular regional travel or deliveries. As a business park setting, the configuration supports multiple occupancies within the same property framework.

This type of building is typically well-suited for tenants needing both workspace and light distribution or storage in one footprint. With sprinkler protection, masonry construction, and an emphasis on parking and ease of access, the property can accommodate a range of office-and-warehouse operations that value practical day-to-day logistics within a managed environment.

Key Highlights

  • Single‑story, masonry multi‑occupant office and warehouse building built in 1985
  • Wet sprinkler system throughout the building
  • Ample parking on site

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Law Firm Kitchen & Bath Showroom

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
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44130, OH

50,825
Population
23,819
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
92%
High-School Grad
17.1 sq mi
ZIP Area
2,972
Density / Sq Mi
$68,099
Median Household Income
$43,474
Median Earnings
$1,045
Median Rent
$184,900
Median Home Value

Market

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?
Flex space - Multi-tenant, sprinklered masonry flex building with ample parking and convenient highway access for office and warehouse users.
Where is this flex space located?
The property is located at 12450 - 54 Plaza Drive Parma, OH.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Single‑story, masonry multi‑occupant office and warehouse building built in 1985; Wet sprinkler system throughout the building; Ample parking on site
More about this property
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