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High-Cube Class A Industrial Complex
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2966 E 55th St, Cleveland, OH

Class A industrial complex near Opportunity Corridor, divisible to 50,000 SF.

Property Size181,945 SF
Lot Size10.85 Acres
Days on Market372

Property Features for 2966 E 55th St

General Information

Standard status Active
Size 181,945 SF
Lot size 10.85 Acres
Property subtype INDUSTRIAL
Listing Agency: Cresco Real Estate | Cleveland
Listed By: George J. Pofok, SIOR, CCIM
Source: Moodyscre
Added: Jul 25, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:40AM

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

Investment Insights

Based on property information with market context.

This high-cube, Class A industrial complex is located on E. 55th Street at the Opportunity Corridor. The property is divisible to 50,000 square feet within the total 181,945 square feet. It is located within minutes of I-490 and I-77, and 10 minutes from Downtown Cleveland and University Circle. The location is within an 8-hour drive to Columbus, Chicago, Indianapolis, New York, Toronto, and Louisville. The property includes 141 car parking spaces, with land available for trailer parking spaces.

Key Highlights

  • High‑Cube “Class A” Industrial Complex divisible to 50,000 SF
  • Strategic location on E. 55th at the Opportunity Corridor
  • Excellent highway access: Minutes from I‑490 and I‑77

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon

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

627
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Cleveland, OH

$6.87 /SF/Yr
Avg Asking Price
$3.5–$13 /SF/Yr
Price Range
40,984 SF
Avg Space Size

This space is priced 9% above the average of $6.87 /SF/Yr.

Properties on Market for Warehouses in Cuyahoga County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Cleveland, OH

3.8% 2019
3.7% 2020
3.6% 2021
3% 2022
2.7% 2023
2.7% 2024
3.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - Class A industrial complex near Opportunity Corridor, divisible to 50,000 SF.
Where is this warehouse located?
The property is located at 2966 E 55th St Cleveland, OH.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: High‑Cube “Class A” Industrial Complex divisible to 50,000 SF; Strategic location on E. 55th at the Opportunity Corridor; Excellent highway access: Minutes from I‑490 and I‑77
(216) 525-1469 Call to check price and availability
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