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Office Units in Mixed-Use Building

2223 Lee Rd, Cleveland Heights, OH 44118

For Lease
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Ground-floor office space is positioned below 207 apartments in a mixed-use development.

Space Size1,817 SF
Property Size8,534 SF
Days on Market85

Property Features for 2223 Lee Rd

General Information

Standard status Active
Size 1,817 SF
Net Rentable 8,534 SF
Property subtype RETAIL

Space & Availability

Available Space 8,534 SF
Contiguous Space 8,534 SF
Floor Ground Floor
Space Use Office

Site & Location

Neighborhood Cedar Lee

Spaces For Lease

at 2223 Lee Rd
The Marquee at Cedar Lee $32/SF/Yr
Floor 1
Size 1,817 SF
Type RETAIL
Availability AVAILABLE, Completion
Sublease No
- 6,424 SF Retail/Commercial Space (Divisible to 1,054 SF). - Join the ground floor of Cleveland Heights’ newest mixed use development, the Marquee at Cedar Lee. - Currently under construction and estimated to be delivered by Spring of 2025, the $66 million project offers 207 luxury apartments with resort-style amenities above 8,534 SF of premier commercial space centrally-located in the Cedar Lee neighborhood. - Prime opportunity to join a thriving, historic entertainment district in one of Cleveland’s densest east-side suburbs.
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Listing Agency: Cresco Real Estate | Cleveland
Listed By: Cameron Callahan
Source: Moodyscre
Added: Aug 18 Changed: Nov 8 Last Checked: Nov 10 at 8:04AM

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 Cresco Real Estate | Cleveland

Rey
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Investment Insights

Based on property information with market context.

The office offering occupies the ground level of a mixed-use property at 2223 Lee Road in Cleveland Heights. The development includes 8,534 SF of commercial space, with 207 apartments located above.

The property is in the Cedar Lee neighborhood, within a historic entertainment district.

Key Highlights

  • 8,534 SF of commercial space on the ground floor
  • 207 apartments positioned above the commercial space
  • Located at 2223 Lee Road in Cleveland Heights

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Butcher

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 44118, OH

40,242
Population
17,849
Households
2.3
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
5,749
Density / Sq Mi
$76,328
Median Household Income
$44,837
Median Earnings
$1,195
Median Rent
$205,600
Median Home Value

Market

Average Price Trend$/SF/Yr for Office Units in Cuyahoga County, OH

$23.33 Jul
$23.12 Aug
$23.11 Sep
$22.69 Oct

Properties on Market for Office Units in Cuyahoga County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Ground-floor office space is positioned below 207 apartments in a mixed-use development.
Where is this office unit 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: 8,534 SF of commercial space on the ground floor; 207 apartments positioned above the commercial space; Located at 2223 Lee Road in Cleveland Heights
(216) 232-4101 · Office Call to check price and availability
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