Parkview Town Center (19601-19621 Puritas Avenue) — Lease in Cleveland, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Cleveland, OH 44135
  • Size: 15,485 SF
  • Year built: 2006

Description

Parkview Town Center (19601-19621 Puritas Avenue) - Available for lease

Market Context

This retail in Cleveland, OH is listed for lease across 15,485 SF. The building dates to 2006. It has been on the market for 208 days. 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 4.4% vacancy rate, average asking rents near $16.16/SF/yr, and cap rates around 8.7%.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.7% as of Q1 2026.
Is the Cleveland retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

Estimated Market Rate

$1.57/SF/mo – $2.13/SF/mo

Mid: $1.85/SF/mo

Estimated total for 15,485 SF: $28,647 per month

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

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