Specialty Retail
For Sale
Contact for pricing
730 E 140th St, Cleveland, OH 44110
For sale specialty retail property in Cleveland’s Northeast retail submarket, with vacancy averaging 6.6% in the third quarter.
Days on Market112
Property Features for 730 E 140th St
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily, Retail
Listing Agency:
JP Capital Solutions
Listed By:
Jason Postill · License #FL BK3337232
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 23 at 2:02PM
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 JP Capital Solutions
Investment Insights
Based on property information with market context.
This for-sale specialty retail property is located in Cleveland’s Northeast retail submarket, which includes 27 million square feet of retail space and an estimated total asset value of $2.8 billion.
Market fundamentals in the Northeast submarket show vacancy averaging 6.6% in the third quarter, among the higher rates across Cleveland’s retail submarkets. Rental rates in the submarket average $13.80 per square foot, with the lowest rents tied to general retail space at just below $12.30 per square foot. Rents for mall space average $21.00 per square foot.
Recent leasing activity referenced in the market overview includes Burkes Outlet occupying 23,000 square feet at Madison Shopping Center and Dollar Tree opening a 15,000-square-foot location at Shore Center Plaza in Euclid. The market report also notes rent growth accelerated last year and was near an all-time high of 2.7% as of the third quarter.
Market fundamentals in the Northeast submarket show vacancy averaging 6.6% in the third quarter, among the higher rates across Cleveland’s retail submarkets. Rental rates in the submarket average $13.80 per square foot, with the lowest rents tied to general retail space at just below $12.30 per square foot. Rents for mall space average $21.00 per square foot.
Recent leasing activity referenced in the market overview includes Burkes Outlet occupying 23,000 square feet at Madison Shopping Center and Dollar Tree opening a 15,000-square-foot location at Shore Center Plaza in Euclid. The market report also notes rent growth accelerated last year and was near an all-time high of 2.7% as of the third quarter.
Key Highlights
- Specialty retail property in Cleveland’s Northeast retail submarket
- Northeast submarket vacancy averaged 6.6% (Q3)
- Submarket rents average $13.80/SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 44110, OH
17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
Market
Properties on Market for Specialty properties in Cleveland
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Frequently Asked Questions
What type of property is this?
Specialty property - For sale specialty retail property in Cleveland’s Northeast retail submarket, with vacancy averaging 6.6% in the third quarter.
Where is this specialty property located?
The property is located at 730 E 140th St Cleveland, OH.
What are key features of this property?
This property features: Specialty retail property in Cleveland’s Northeast retail submarket; Northeast submarket vacancy averaged 6.6% (Q3); Submarket rents average $13.80/SF
