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Agora Restaurant Opportunity in Cleveland
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5000-5200 Euclid Ave, Cleveland, OH

Restaurant space available within the iconic Agora complex.

Space Size4,000 SF
Lot Size0.21 Acres
Days on Market682

Property Features for 5000-5200 Euclid Ave

General Information

Standard status Active
Size 4,000 SF
Lot size 0.21 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 5000-5200 Euclid Ave Contact us

5200 Euclid Ave $9.50/SF/Yr

Floor
1
Size
4,000 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Rare opportunity to re-imagine a new restaurant concept at the iconic Agora. Formerly...
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Listing Agency: Hoff & Leigh
Listed By: Joe Zumpano · License #SAL.2015004596
Source: Moodyscre
Added: Oct 30, 2024 Changed: Aug 8 Last Checked: Sep 11 at 5:22AM

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 Hoff & Leigh

Investment Insights

Based on property information with market context.

A restaurant space is available within the Agora complex, which is undergoing a multi-million dollar transformation. The Agora hosted approximately 130 events in 2023, with an annual attendance of 110,000 guests. The property, formerly known as Backstage Cafe, offers 4,000 square feet of space. The location is situated within Cleveland's Midtown District, near 50 new apartment units and office spaces. This presents an opportunity to be part of the area's growth.

Key Highlights

  • Rare opportunity to establish a new restaurant concept within the iconic Agora.
  • Part of the Agora's multi‑million dollar transformation, offering a vibrant and captivating environment.
  • Located within a development that includes 50 brand new apartment units and office space.

Property Analytics

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Current Use

Theaters & concert halls

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Auto Parts Store Hair 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
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,390
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Restaurant - Restaurant space available within the iconic Agora complex.
Where is this restaurant located?
The property is located at 5000-5200 Euclid Ave Cleveland, OH.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: Rare opportunity to establish a new restaurant concept within the iconic Agora.; Part of the Agora's multi‑million dollar transformation, offering a vibrant and captivating environment.; Located within a development that includes 50 brand new apartment units and office space.
(330) 990-0847 Call to check price and availability
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