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

Listed By: Kevin Moss · License #SAL.2015001299 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 9 Last Checked: Aug 22 at 11:45AM

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Investment Insights

Based on property information with market context.

This 26,614 square foot space, formerly a Kmart, is located on the near west side of Cleveland. The property is suitable for retail or industrial use. It features a 14-foot clear height. The surrounding area is a dense neighborhood with a population of 154,198 within a 3-mile radius. The location provides strategic access to I-90 and I-71, and is situated minutes from Ohio City and downtown Cleveland. The zoning is GI-B1 (General Industry).

Key Highlights

• Large 26,614 SF space suitable for retail or industrial use
• Strategic location near I‑90 and I‑71, providing excellent accessibility
• High‑density neighborhood with 154,198 residents within a 3‑mile radius

Property Analytics

Property Profile

Current Use

Roses Discount Store Discount Store Roses Flooring and Furniture Furniture & Home Goods Kamin Realty Co Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center

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

554

Businesses Nearby

Explore this area Business Placement

Demographics for 44102, OH

43,347

Population

22,984

Households

1.9

Avg Household Size

35

Median Age

25%

College-Educated

80%

High-School Grad

6.1 sq mi

ZIP Area

7,106

Density / Sq Mi

$40,303

Median Household Income

$34,958

Median Earnings

$911

Median Rent

$99,300

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

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Frequently Asked Questions

What type of property is this?

Retail space - 26,614 SF former Kmart ideal for retail or industrial.

Where is this retail space located?

The property is located at 3250 West 65th Street Cleveland, OH.

What are key features of this property?

This property features: Large 26,614 SF space suitable for retail or industrial use; Strategic location near I‑90 and I‑71, providing excellent accessibility; High‑density neighborhood with 154,198 residents within a 3‑mile radius