Listing Agency: CBRE | Cleveland v***@cbre.com Show Phone

Listed By: Vince Mingo · License #2019001372 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 22 at 11:24AM

Report an Issue

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

Investment Insights

Based on property information with market context.

The property at 1401 Prospect Avenue offers 3,257 square feet of space suitable for retail or restaurant use. The location provides convenient access from all parts of Cleveland via car, public transit, bicycle, and walking. Its proximity to major traffic drivers and retail zones positions it well for various retail or restaurant concepts.

Key Highlights

• Unbeatable access from all parts of Cleveland via all modes of transportation.
• Close proximity to Cleveland’s biggest traffic drivers.
• Close proximity to Cleveland’s most bustling retail zones.

Property Analytics

Property Profile

Current Use

The Residences at Hanna Apartment Complex

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Locksmith Home Appliance Store Butcher (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

5,041

Businesses Nearby

Explore this area Business Placement

Demographics for 44115, OH

8,985

Population

5,691

Households

1.6

Avg Household Size

27

Median Age

34%

College-Educated

86%

High-School Grad

2.1 sq mi

ZIP Area

4,279

Density / Sq Mi

$21,293

Median Household Income

$27,515

Median Earnings

$850

Median Rent

$151,300

Median Home Value

Market

Lease Benchmarks for Cleveland, OH

$22.14 /SF/Yr

Avg Asking Price

$12–$30 /SF/Yr

Price Range

14,173 SF

Avg Space Size

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019

8.5% 2020

7.2% 2021

6.9% 2022

6.7% 2023

6.9% 2024

7.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Renovated Creative Office Suite

1101 Auburn Ave, Cleveland, OH 44113

$20 SF/Yr

3,355 sqft

View details

Ground-Floor Restaurant Space

1938 Euclid Ave, Cleveland, OH 44115

$21.50 SF/Yr

1,515 sqft

View details

Corner Restaurant Space with Outdoor Patio

1400 West 25th Street, Cleveland, OH 44113

$25 SF/Yr

4,442 sqft

View details

Mixed-Use Tower With Retail

200 Public Square, Cleveland, OH 44114

$25.50 SF/Yr

424,042 sqft

View details

Second-Floor Office Suite

5808 Detroit Avenue, Cleveland, OH 44102

$1,875/Mo

View details

Warehouse Storage Space for Lease

B-11350 Brookpark Rd, Cleveland, OH 44109

$2,500/Mo

5,000 sqft

View details

Flexible Office Suite

A-11350 Brookpark Rd, Cleveland, OH 44109

$1,500/Mo

1,500 sqft

View details

Drive-In Light Industrial Warehouse

1702 Saint Clair Avenue Northeast, Cleveland, OH 44114

$5.92 SF/Yr

11,143 sqft

View details

Prime Retail Space on Franklin

2800 Franklin Blvd., Cleveland, OH 44113

$25 SF/Yr

5,410 sqft

View details

Two-Unit Storefront Building

4512 E 131st Street, Cleveland, OH 44105

$1,600/Mo

View details

Renovated Office with Warehouse Space

12600 Triskett Road, Cleveland, OH 44111

$13 SF/Yr

8,715 sqft

View details

Cleveland Warehouse Space For Lease

4780 Crayton Avenue, Cleveland, OH 44104

$7.50 SF/Yr

8,065 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail or restaurant space with excellent access and high visibility.

Where is this retail space located?

The property is located at 1401 Prospect Avenue Cleveland, OH.

What are key features of this property?

This property features: Unbeatable access from all parts of Cleveland via all modes of transportation.; Close proximity to Cleveland’s biggest traffic drivers.; Close proximity to Cleveland’s most bustling retail zones.