Specialty Retail
730 E 140th St Cleveland, OH 44110
730 E 140th St, Cleveland, OH, 44110
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For Sale
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For sale specialty retail property in Cleveland’s Northeast retail submarket, with vacancy averaging 6.6% in the third quarter.
Days on Market102
Property Features for 730 E 140th St
General Information
- Standard status
- Active
- Property subtype
- Mixed Use, Multifamily, Retail
Listing agency
JP Capital Solutions
Listed by
Jason Postill · License #FL BK3337232
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 11:38PM Checked: Jul 21 at 7:05AM
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Investment Insights
Based on property information with market context.
This for-sale specialty retail property is located in Cleveland’s Northeast retail submarket, which includes 27 million square feet of retail space and an estimated total asset value of $2.8 billion.
Market fundamentals in the Northeast submarket show vacancy averaging 6.6% in the third quarter, among the higher rates across Cleveland’s retail submarkets. Rental rates in the submarket average $13.80 per square foot, with the lowest rents tied to general retail space at just below $12.30 per square foot. Rents for mall space average $21.00 per square foot.
Recent leasing activity referenced in the market overview includes Burkes Outlet occupying 23,000 square feet at Madison Shopping Center and Dollar Tree opening a 15,000-square-foot location at Shore Center Plaza in Euclid. The market report also notes rent growth accelerated last year and was near an all-time high of 2.7% as of the third quarter.
Market fundamentals in the Northeast submarket show vacancy averaging 6.6% in the third quarter, among the higher rates across Cleveland’s retail submarkets. Rental rates in the submarket average $13.80 per square foot, with the lowest rents tied to general retail space at just below $12.30 per square foot. Rents for mall space average $21.00 per square foot.
Recent leasing activity referenced in the market overview includes Burkes Outlet occupying 23,000 square feet at Madison Shopping Center and Dollar Tree opening a 15,000-square-foot location at Shore Center Plaza in Euclid. The market report also notes rent growth accelerated last year and was near an all-time high of 2.7% as of the third quarter.
Key Highlights
- Specialty retail property in Cleveland’s Northeast retail submarket
- Northeast submarket vacancy averaged 6.6% (Q3)
- Submarket rents average $13.80/SF
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Specialty property - For sale specialty retail property in Cleveland’s Northeast retail submarket, with vacancy averaging 6.6% in the third quarter.
Where is this specialty property located?
The property is located at 730 E 140th St Cleveland, OH.
What are key features of this property?
This property features: Specialty retail property in Cleveland’s Northeast retail submarket; Northeast submarket vacancy averaged 6.6% (Q3); Submarket rents average $13.80/SF
