Restaurant Space with Existing
For Lease
$9.50 SF/Yr Modified Gross
5200 Euclid Avenue, Cleveland, OH 44103
Restaurant premises include existing equipment and a hood along Euclid Avenue.
Space SizeContact for details
Days on Market670
Property Features for 5200 Euclid Avenue
General Information
Standard status
Active
Property subtype
Restaurant
Lease Type
Modified Gross
Lease Term
Modified Gross
Listing Agency:
Hoff & Leigh Fairlawn
(330) 990-0847
Listed By:
Joe Zumpano · License #SAL.2015004596
(330) 990-0847
Source:
Hoffleigh
Added: Oct 30, 2024
Changed: Aug 30
Last Checked: Aug 30 at 12:54PM
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 Hoff & Leigh Fairlawn
Investment Insights
Based on property information with market context.
Located at 5200 Euclid Avenue, the 4,000-square-foot restaurant space includes existing equipment and a hood. The premises were formerly identified as Backstage Cafe and are part of the Agora complex.
The Agora is undergoing a major redevelopment that includes 50 new apartment units and office space. Midtown Cleveland Inc. and LDA Architects are involved in the transformation, adding residential and workplace components to the property’s existing event-oriented setting.
The Agora Theater recorded approximately 130 events in 2023 and receives about 110,000 guests each year. The property also sits minutes from The Cleveland Foundation Campus, with frontage along Euclid Avenue.
The Agora is undergoing a major redevelopment that includes 50 new apartment units and office space. Midtown Cleveland Inc. and LDA Architects are involved in the transformation, adding residential and workplace components to the property’s existing event-oriented setting.
The Agora Theater recorded approximately 130 events in 2023 and receives about 110,000 guests each year. The property also sits minutes from The Cleveland Foundation Campus, with frontage along Euclid Avenue.
Key Highlights
- 4,000 SF restaurant space at 5200 Euclid Avenue
- Existing restaurant equipment and hood
- Euclid Avenue frontage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44103, OH
14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant premises include existing equipment and a hood along Euclid Avenue.
Where is this conventional restaurant located?
The property is located at 5200 Euclid Avenue Cleveland, OH.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 4,000 SF restaurant space at 5200 Euclid Avenue; Existing restaurant equipment and hood; Euclid Avenue frontage
