3121 Euclid Avenue

Off-Market

3121 Euclid Avenue, Cleveland, OH 44115

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 50,186 SF
  • Lot Size 0.98 Acre
  • Parking Spaces Avail. 150
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1956

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Cleveland

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Cleveland Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $20.13
  • 2022 Office Vacancy Rate 19.92%
  • 2022 Office Completions (SF)

Cleveland Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $26.75
  • Y-o-Y Avg. PpSF Change -39.42%
  • 2022 Office Sales Volume $38.1M
  • 2022 Number of Transactions 5
View more Cleveland market trends

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Transit Score ®

    57/100 Good Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Cleveland, OH
  • Neighborhood Goodrich-Kirkland Park
  • Zip Code 44115
  • Market Cleveland Akron

Points of Interest

  • Tri-C–Campus District

    1.14 miles

  • South Harbor

    1.23 miles

  • East 9th–North Coast

    1.47 miles

  • Tower City

    1.47 miles

  • Cleveland

    1.57 miles

  • West 3rd

    1.72 miles

  • East 55th

    1.72 miles

  • Settlers Landing

    1.84 miles

  • Flats East Bank

    1.96 miles

  • East 79th

    2.05 miles

  • BP

    0.20 miles

  • Shell Gas Station

    0.23 miles

  • BP

    0.61 miles

  • Quincy Gas

    0.79 miles

  • Marathon

    0.91 miles

  • Sunoco

    0.95 miles

  • BP

    0.97 miles

  • hp

    1.22 miles

  • Marathon

    1.23 miles

  • Shell

    1.35 miles

  • CSU Lot AA

    0.09 miles

  • East Garage

    0.25 miles

  • Dealer Tire LLC Parking

    0.32 miles

  • Children’s Museum of Cleveland

    0.33 miles

  • South Garage

    0.52 miles

  • Central Garage

    0.57 miles

  • West Garage

    0.72 miles

  • ATTC parking

    0.80 miles

  • PlayhouseSquare Parking

    0.83 miles

  • The Halle Garage

    0.92 miles

  • Comfort Inn

    0.65 miles

  • Crown Plaza Cleveland at Playhouse Square

    0.90 miles

  • Hilton Garden Inn

    0.92 miles

  • Metropolitan at The 9, Autograph Collection

    1.06 miles

  • The Kimpton Schofield Hotel

    1.09 miles

  • Hotel Indigo Cleveland Downtown, an IHG Hotel

    1.16 miles

  • Holiday Inn Express

    1.19 miles

  • Hampton Inn Cleveland Downtown

    1.19 miles

  • Residence Inn Cleveland Downtown

    1.22 miles

  • DoubleTree by Hilton Hotel Cleveland Downtown - Lakeside

    1.27 miles

  • Rally's

    0.22 miles

  • McDonald's

    0.23 miles

  • KFC

    0.26 miles

  • Burger King

    0.27 miles

  • Subway

    0.27 miles

  • Szechuan Gourmet

    0.39 miles

  • Li Wah

    0.39 miles

  • Subway

    0.40 miles

  • Wonton Gourmet

    0.40 miles

  • Chapati Indian grill

    0.44 miles

  • Campus International School

    0.08 miles

  • NewBridge

    0.25 miles

  • Waring School

    0.33 miles

  • Washkewicz College of Engineering

    0.35 miles

  • Marion-Sterling School

    0.38 miles

  • Castle High School

    0.43 miles

  • Cleveland State University

    0.47 miles

  • MC2 STEM

    0.51 miles

  • Campus International School

    0.55 miles

  • Communications School

    0.56 miles

  • Learning To Grow

    0.71 miles

  • Smarty Pants

    0.74 miles

  • Developing Character Child Enrichment Academy

    0.82 miles

  • Kindercare Daycare

    2.42 miles

  • Heart to Heart Enrichment Center

    2.86 miles

  • Character Academy Early Learning Center

    2.89 miles

  • Little Footsteps

    3.26 miles

  • Katai's Child Care Center

    3.39 miles

  • Brightside Academy

    3.76 miles

  • Apple of My Eye Child Care Center

    4.30 miles

Frequently Asked Questions

What is the total square footage of 3121 Euclid Avenue?

3121 Euclid Avenue totals 50,186 square feet.

When was this property built?

3121 Euclid Avenue was built in 1956.

What is the market value for 3121 Euclid Avenue?

The market value* for 3121 Euclid Avenue in 2022 was $2,148,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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