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Brand New Office Building
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29992 Lorain Rd, North Olmsted, OH 44070

Newly delivered office space with private offices, bullpen area, conference rooms, lunch room, and outdoor seating.

Space Size8,455 SF
Days on Market51

Property Features for 29992 Lorain Rd

General Information

Standard status Active
Size 8,455 SF
Property subtype OFFICE
Lease Type NNN

Amenities

private offices
bullpen area
conference rooms
lunch room
outdoor seating area

Spaces For Lease

at 29992 Lorain Rd Contact us

29992 Lorain Rd $18.50/SF/Yr

Size
8,455 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, On Available Date
Sublease
No
- Brand new building - occupied for less than 6 months - All warranties in place -...
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Listing Agency: Cresco Real Estate | Cleveland
Listed By: Kevin M. Kelly
Source: Moodyscre
Added: Jul 24 Changed: Aug 8 Last Checked: Sep 12 at 10:33AM

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 brand new office building has been occupied for less than 6 months and includes all warranties in place. The layout is well-designed with a mix of private offices and a bullpen area, along with well-appointed conference rooms and a dedicated lunch room. The property also features an outdoor seating area.

The building is located at 29992 Lorain Rd in North Olmsted, Ohio.

Additional incentives may be available, including potential tax abatement. This makes the property worth a closer look for office users seeking a newer, move-in-ready configuration with both private and collaborative work zones.

Key Highlights

  • Brand new office building occupied for less than 6 months
  • All warranties are in place
  • Floor plan includes private offices and a bullpen area

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale 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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 44070, OH

32,442
Population
13,953
Households
2.3
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,773
Density / Sq Mi
$85,435
Median Household Income
$49,900
Median Earnings
$1,092
Median Rent
$202,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Newly delivered office space with private offices, bullpen area, conference rooms, lunch room, and outdoor seating.
Where is this office building located?
The property is located at 29992 Lorain Rd North Olmsted, OH.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Brand new office building occupied for less than 6 months; All warranties are in place; Floor plan includes private offices and a bullpen area
(216) 525-1480 Call to check price and availability
More about this property
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