The Dexter Retail Spaces — Lease in Cleveland, OH

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Cleveland, OH 44113

Description

Highly visible retail space positioned at the convergence of Franklin Blvd., Franklin Circle, and W. 28th St. This prime corner location offers exceptional branding potential, strong pedestrian activity, and seamless connectivity to both the W. 25th Street and Hingetown/Detroit Ave. commercial corridors. Ideal Uses Perfect for specialty retail, salons, boutique fitness, fast‑casual dining, cafés, professional services, studios, and other concepts seeking flexible design options in a high‑visibility, high‑demand corridor.

Market Context

This retail in Cleveland, OH is listed for lease. It has been on the market for 54 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).

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