4500 Rockside Road - Plaza 45 — Lease in Independence, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Independence, OH 44131
  • Size: 58,000 SF
  • Year built: 1977

Description

Market Context

This office in Independence, OH is listed for lease across 58,000 SF. The building dates to 1977. It has been on the market for 113 days. Compare it against other office listings for lease in Independence, OH — view the full market.

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Cleveland office market tightening or softening?
Vacancy is around 26.9% (Q1 2026).

Estimated Market Rate

$14.15/SF/mo – $17.05/SF/mo

Mid: $14.83/SF/mo

Estimated total for 58,000 SF: $860,140 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

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