5617 E. Schaaf Road — Lease in Independence, OH
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Independence, OH 44131
- Size: 4,000 SF
- Year built: 1959
Photos
Market Context
This industrial in Independence, OH is listed for lease across 4,000 SF. The building dates to 1959. Compare it against other industrial listings for lease in Independence, OH — view the full market.
As of Q2 2026, the Cleveland industrial market showed a 3.9% vacancy rate, average asking rents near $5.79/SF/yr, and rents up 10.2% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Industrial market FAQ
- Is the Cleveland industrial market tightening or softening?
- Vacancy is around 3.9%, with asking rents rising year over year (Q2 2026).
Estimated Market Rate
$0.52/SF/mo – $0.69/SF/mo
Mid: $0.61/SF/mo
Estimated total for 4,000 SF: $2,440 per month
Based on comparable properties in similar markets rather than local sales.
Contact
- Cole Sorenson · +1 216 525 1470
Explore this market
Similar Industrial Property for Lease in Independence, OH
- 6599 Granger Road — Contact for price · Independence, OH
- 8200 E Pleasant Valley Road — Contact for price · Independence, OH
- 7711 E Pleasant Valley Rd — Contact for price · Independence, OH · 189,021 SF