5428 Detroit Avenue — Lease in Cleveland, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Property
  • Location: Cleveland, OH 44102

Market Context

This retail in Cleveland, OH is listed for lease. Compare it against other retail listings for lease in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland retail market showed a 5.1% vacancy rate, average asking rents near $16.10/SF/yr, rents up 0.7% year over year, and cap rates around 8.8%. Source: Matthews Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.8% as of Q1 2026, per Matthews.
Is the Cleveland retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.44/SF/mo – $2.05/SF/mo

Mid: $1.75/SF/mo

Contact the listing broker

This listing comes from the Cushman & Wakefield website. CREhunt does not pass messages to the broker. Contact the broker directly.

No broker contact on file. Look for this listing on the Cushman & Wakefield website.

Questions to ask the broker

This page does not show these details. The source may not publish them, or CREhunt may not have captured them.

  • What is the asking rent, and is it quoted per SF per month or per year?
  • Is the rent gross, modified gross or triple net (NNN)?
  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?
  • What lease term and renewal options are offered?

Explore this market

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