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

Listed By: Steve Lazarides Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 8 at 2:56AM

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Investment Insights

Based on property information with market context.

This three-story multitenant office building, known as Embassy Reserve, offers 41,266 square feet of rentable space. The building features two entrances and a common conference room for tenant use. Situated at the midpoint of the Parkway, the location provides convenient access to highways.

Key Highlights

• 41,266 RSF multitenant office building
• Easy access to highways
• Located at the mid‑point of the Parkway

Property Analytics

Property Profile

Current Use

Ockerman Michael Law Firm Rossi Gregory T Law Firm Hanna Campbell & Powell ... Law Firm Calderone Kenneth A Law Firm The Cypress Companies, Inc. Industrial Manufacturer

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Parking Lot & Garage Home Appliance 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

823

Businesses Nearby

Explore this area Business Placement

Demographics for 44333, OH

19,449

Population

8,598

Households

2.3

Avg Household Size

49

Median Age

64%

College-Educated

98%

High-School Grad

28.4 sq mi

ZIP Area

685

Density / Sq Mi

$119,313

Median Household Income

$63,920

Median Earnings

$1,232

Median Rent

$362,600

Median Home Value

Market

Lease Benchmarks for Akron, OH

$16.68 /SF/Yr

Avg Asking Price

$12.25–$20 /SF/Yr

Price Range

22,505 SF

Avg Space Size

This space is priced 11% above the average of $16.68 /SF/Yr.

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

Questions? Ask Rey

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

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Frequently Asked Questions

What type of property is this?

Office building - Three-story office building with conference room and highway access.

Where is this office building located?

The property is located at 3737 Embassy Parkway Akron, OH.

What is the lease rate?

The lease rate is $18.50 SF/Yr.

What are key features of this property?

This property features: 41,266 RSF multitenant office building; Easy access to highways; Located at the mid‑point of the Parkway