Highly Visible Freestanding 6,160 SF Building — Lease in Parma, OH
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Property
- Location: Parma, OH 44134
Photos
Description
Highly visible building located along Brookpark Rd with over 15,000+ VPD
Market Context
This retail in Parma, OH is listed for lease. Compare it against other retail listings for lease in Parma, 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).
Contact the listing broker
This listing comes from the CBRE website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Connor Ambrose · 216 535 4730 · connor.ambrose@cbre.com
- Kevin Moss · 216 363 6453 · kevin.moss@cbre.com
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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