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Cleveland Restaurant Space For Lease
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7412 Detroit Ave, Cleveland, OH 44102

Restaurant space available in Cleveland, near Detroit Avenue.

Space Size2,800 SF
Days on Market1578

Property Features for 7412 Detroit Ave

General Information

Standard status Active
Size 2,800 SF
Class C
Total Parking Spaces 18
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 2,800 SF
Year Built 1989
Tenancy Single

Spaces For Lease

at 7412 Detroit Ave Contact us

Space 1

Size
2,800 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Florida Equities
Listed By: Brian Smith
Source: Crexi
Added: May 6, 2022 Changed: Aug 8 Last Checked: Aug 29 at 1:15AM

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 Florida Equities

Investment Insights

Based on property information with market context.

This 2,800-square-foot commercial space, suitable for conventional restaurants and other commercial real estate ventures, is available for rent just off Detroit Avenue in Cleveland, Ohio. The property is currently built out as a second-generation restaurant, with a refresh and add-on completed in 2009. Ample parking is available, with significant space at the rear of the building for loading and unloading. The property is surrounded by housing developments. The annual real estate taxes are $12,376.00, equating to $1,031.34 monthly. The annual rent is $65,000, with a monthly rent of $6,454.11, resulting in a total rent of $77,449.28.

Key Highlights

  • Prime location just off Detroit Ave in Cleveland, Ohio.
  • 2800 SqFt second‑generation restaurant space.**
  • Ample parking with rear loading/unloading area.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center

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
$3.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space available in Cleveland, near Detroit Avenue.
Where is this conventional restaurant located?
The property is located at 7412 Detroit Ave Cleveland, OH.
What is the lease rate?
The lease rate is $23.21 SF/Yr.
What are key features of this property?
This property features: Prime location just off Detroit Ave in Cleveland, Ohio.; 2800 SqFt second‑generation restaurant space.**; Ample parking with rear loading/unloading area.
(216) 525-1476 Call to check price and availability
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