Property profile

1111 Superior Ave Cleveland, OH 44114

FOR LEASE
Office buildings
Property ID
US66-1906550
623,950 SF 1.28 ac lot Built 1982
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space, located at 1111 Superior Avenue in Cleveland, Ohio, presents a unique leasing opportunity. The property, situated in Cuyahoga County, boasts a total building size of 597,442 square feet and comprises a single, expansive suite. Currently, 5,150 square feet of high-quality office space is immediately available for lease. The building's classification as an "Executive Office" suggests a sophisticated and well-appointed interior, ideal for discerning businesses seeking a prestigious address. The multiple tenancy structure indicates a dynamic and thriving environment. The property's location at 1111 Superior Avenue in the 44114 zip code offers excellent accessibility and visibility within Cleveland's vibrant business district. This significant square footage provides ample room for expansion and customization to meet the specific needs of a growing enterprise. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime Cleveland location. The property's size and location make it an attractive option for companies seeking a prominent presence in the city. The available space offers a chance to secure a substantial and well-situated office environment. Detailed specifications and lease terms are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction CONCRETE
Total area 623,950 SF
Lot 1.28 ac (55,665 SF)
Zoning code SI
APN 101-35-038
UPID US66-1906550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Title Company Escrow Service
  • Law Firm
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Law Firm

Location

1111 Superior Ave Cleveland, OH 44114
Cleveland metro Census 107701 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$51.83M
Blend (final) Blend
$49.45M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2014
Price N/A
1969
Price N/A

Zoning & alternative use

SI · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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