2635 Payne Avenue — Lease in Cleveland, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44103
  • Size: 10,844 SF
  • Year built: 1960

Description

2635 Payne Avenue - Available for lease

Market Context

This industrial in Cleveland, OH is listed for lease across 10,844 SF. The building dates to 1960. It has been on the market for 209 days. Compare it against other industrial listings for lease in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland industrial market showed an 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Cleveland?
About 10.5% as of Q1 2026, per multiple brokerage reports.
Is the Cleveland industrial market tightening or softening?
Vacancy is around 8.8% (Q1 2026).

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