4650 Spring Road — Lease in Independence, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Independence, OH
  • Size: 11,724 SF
  • Year built: 1974

Description

Market Context

This industrial in Independence, OH is listed for lease across 11,724 SF. The building dates to 1974. It has been on the market for 112 days. Compare it against other industrial listings for lease in Independence, 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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