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Office Space Near Major Highways
For Lease
$17 SF/Yr

5701 Lombardo Center, Independence, OH 44131

Two-floor office space with highway access, near Cleveland.

Space SizeContact for details
Days on Market272

Property Features for 5701 Lombardo Center

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Steve Ross
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 21 at 10:27AM

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 Steve Ross

Investment Insights

Based on property information with market context.

This property features two floors encompassing approximately 31,000 rentable square feet. Its location provides convenient access to major highways I-77 and I-480. The property is situated approximately 10 minutes from downtown Cleveland and 15 minutes from Cleveland Hopkins International Airport.

Key Highlights

  • Approximately 31,000 RSF of space.
  • Access to major highways I‑77 and I‑480.
  • Located just 10 minutes from downtown Cleveland.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

Demographics for 44131, OH

20,664
Population
8,861
Households
2.3
Avg Household Size
49
Median Age
40%
College-Educated
97%
High-School Grad
15.7 sq mi
ZIP Area
1,316
Density / Sq Mi
$98,838
Median Household Income
$59,474
Median Earnings
$1,512
Median Rent
$252,400
Median Home Value

Market

Lease Benchmarks for Independence, OH

$16.7 /SF/Yr
Avg Asking Price
$12–$21.5 /SF/Yr
Price Range
8,714 SF
Avg Space Size

This space is priced 2% above the average of $16.7 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-floor office space with highway access, near Cleveland.
Where is this office units located?
The property is located at 5701 Lombardo Center Independence, OH.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 31,000 RSF of space.; Access to major highways I‑77 and I‑480.; Located just 10 minutes from downtown Cleveland.
More about this property
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