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Class A Office Space Available
For Lease
$21 SF/Yr

388 South Main Street, Akron, OH 44311

Modern Class A office space in downtown Akron for lease.

Space SizeContact for details
Property Size147,483 SF
Days on Market138

Property Features for 388 South Main Street

General Information

Standard status Active
Size 147,483 SF
Property subtype Office
Lease Type Direct
Listing Agency: CBRE | Cleveland
Listed By: Warren Blazy
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 2:37PM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

This Class A office space is situated in downtown Akron, within a campus-like setting along the Ohio and Erie Canal. The property, formerly part of the B.F. Goodrich complex, offers a history of innovation. The building provides large, efficient floor plates and a building conference room. On-site amenities include a café and child care. The property provides 24/7 building security. Parking includes free surface options, with reserved indoor and garage parking available. The building offers remarkably low operating expenses. The property contains 147483 square feet.

Key Highlights

  • Class A office space with a modern look and feel.
  • Enjoy free surface parking.
  • Remarkably low operating expenses.

Property Analytics

Current Use

Gabriel Performance Products Chemical Plant Children's Hospital Med ... Physician Jason Spivey, Sr., ... Pediatrician John Bober, MD Physician Dr. Laura H. ... Physician

Suggested Use

Top Pick Veterinary Clinic Locksmith Acupuncture Storage Facility Pet Grooming Service Electrical Service

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 44311, OH

6,993
Population
3,400
Households
2.1
Avg Household Size
28
Median Age
10%
College-Educated
79%
High-School Grad
1.9 sq mi
ZIP Area
3,681
Density / Sq Mi
$23,857
Median Household Income
$14,953
Median Earnings
$790
Median Rent
$64,000
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 26% 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
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Frequently Asked Questions

What type of property is this?
Office building - Modern Class A office space in downtown Akron for lease.
Where is this office building located?
The property is located at 388 South Main Street Akron, OH.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Class A office space with a modern look and feel.; Enjoy free surface parking.; Remarkably low operating expenses.
More about this property
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