Restaurant Space at Iconic
For Lease
Contact for pricing
5200 Euclid Ave, Cleveland, OH 44103
Restaurant space available in Cleveland's Midtown district.
Days on Market639
Property Features for 5200 Euclid Ave
General Information
Standard status
Active
Property subtype
Restaurant
Listing Agency:
Hoff & Leigh Fairlawn
(330) 940-9360
Listed By:
Joe Zumpano · License #OH SAL.2015004596
Source:
Crexi
Added: Oct 30, 2024
Changed: Jul 6
Last Checked: Jul 30 at 2:30PM
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 Fairlawn
Investment Insights
Based on property information with market context.
This restaurant space, formerly Backstage Cafe, presents an opportunity to establish a new restaurant concept at the Agora. The Agora is undergoing a multi-million dollar transformation and will include 50 new apartment units and office space. The Agora Theater hosted approximately 130 events in 2023, with an estimated 110,000 guests attending annually. The property is located in Cleveland's Midtown District.
Key Highlights
- Rare opportunity to establish a restaurant concept within the iconic Agora, currently undergoing a multi‑million dollar transformation.
- High foot traffic location, benefiting from the Agora Theater which hosts approximately 130 events and welcomes 110,000 guests annually.
- Integration within a mixed‑use development including 50 new apartment units and office space, creating a built‑in customer base.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44103, OH
14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Market
Properties on Market for Restaurants in Cuyahoga County
Vacancy Rate% for Retail in Cleveland, OH
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Similar Off Market Nearby
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- Sizzle Sauce & Spice — 3915 Carnegie Ave, Cleveland, OH 44115
- Revel and Elite Catering — 2275 E 55th St, Cleveland, OH 44103
- Tacontento — 3915 Carnegie Ave, Cleveland, OH 44115
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space available in Cleveland's Midtown district.
Where is this restaurant located?
The property is located at 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 restaurant concept within the iconic Agora, currently undergoing a multi‑million dollar transformation.; High foot traffic location, benefiting from the Agora Theater which hosts approximately 130 events and welcomes 110,000 guests annually.; Integration within a mixed‑use development including 50 new apartment units and office space, creating a built‑in customer base.
