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737 Bolivar Road

Off-Market

737 Bolivar Road, Cleveland, OH 44115

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  • Property Type Office - General Office
  • Property Size 40,350 SF
  • Lot Size 0.28 Acre
  • Parking Spaces Avail. 37
  • Parking Ratio 0.92/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1925

Location

  • Walk Score ® Walker's Paradise (91)
  • Transit Score ® Excellent Transit (77)
  • Bike Score ® Bikeable (65)
Powered by Walk Score ®
  • City Cleveland, OH
  • Neighborhood Downtown Cleveland
  • Zip Code 44115
  • Market Cleveland Akron

Points of Interest

Tower City

0.40 miles

Tower City

0.45 miles

East 9th–North Coast

0.75 miles

Cleveland

0.75 miles

Settlers Landing

0.76 miles

South Harbor

0.82 miles

West 3rd

0.82 miles

Flats East Bank

0.92 miles

West 25th–Ohio City

1.19 miles

Tri-C–Campus District

1.29 miles

BP

0.24 miles

Sunoco

0.81 miles

BP

1.00 miles

Shell Gas Station

1.02 miles

BP

1.06 miles

Quincy Gas

1.47 miles

Marathon

1.69 miles

Ohio City Gas

1.71 miles

Marathon

1.85 miles

Sunoco

1.94 miles

Gateway East

0.04 miles

The Halle Garage

0.20 miles

Collection Auto Group Centre

0.26 miles

515 Garage

0.27 miles

KeyBank Garage

0.29 miles

Fifth Third Center

0.30 miles

Huntington Garage

0.30 miles

Ontario Street Parking Garage

0.32 miles

1100 Superior Garage

0.36 miles

Reserve Square Parking

0.38 miles

Hotel Indigo Cleveland Downtown, an IHG Hotel

0.10 miles

Metropolitan at The 9, Autograph Collection

0.15 miles

The Kimpton Schofield Hotel

0.17 miles

Residence Inn Cleveland Downtown

0.17 miles

Holiday Inn Express

0.23 miles

Crown Plaza Cleveland at Playhouse Square

0.25 miles

Hilton Garden Inn

0.27 miles

Hyatt Regency Cleveland at The Arcade

0.33 miles

Hampton Inn Cleveland Downtown

0.37 miles

Drury Plaza Hotel Cleveland Downtown

0.45 miles

Buffalo Wild Wings

0.09 miles

Terrace Club

0.12 miles

Adega

0.14 miles

Domino's

0.16 miles

Vincenza’s

0.17 miles

Bett's

0.17 miles

Addy's

0.18 miles

Barrio

0.19 miles

Sushi 86

0.19 miles

Sakura

0.20 miles

Cuyahoga Community College Hospitality Management Center

0.34 miles

Promise Academy Charter School

0.45 miles

Monte Ahuja College of Business - Cleveland State University

0.46 miles

Cleveland-Marshall College of Law

0.50 miles

Communications School

0.57 miles

Cleveland State University

0.63 miles

MC2 STEM

0.65 miles

Success Tech Academy

0.67 miles

Campus International School

0.75 miles

Washkewicz College of Engineering

0.78 miles

Smarty Pants

0.85 miles

Developing Character Child Enrichment Academy

0.91 miles

Learning To Grow

1.80 miles

Heart to Heart Enrichment Center

2.03 miles

Little Footsteps

2.20 miles

Apple of My Eye Child Care Center

3.20 miles

Little Footsteps

3.43 miles

Kindercare Daycare

3.49 miles

The Magical World Child Care and Learning Center

3.66 miles

Character Academy Early Learning Center

3.70 miles

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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Documents

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Sales

  • Purchase Date 30 Dec, 2020
  • 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.

  • 2020 Avg. Asking Rent $20.91
  • 2020 Office Vacancy Rate 16.89%
  • 2020 Office Completions (SF)

Cleveland Office Sales Trends

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

  • 2020 Avg. Price per SF $49.47
  • 2020 Office Sales Volume $22.7M
  • 2020 Number of Transactions 5
View more Cleveland market trends

Tax

  • Base Tax $75,399
  • Current Tax $58,815
  • Market Value* $1,680,000
  • Assessed Value $1,680,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 737 Bolivar Road?

737 Bolivar Road totals 40,350 square feet.

When was this property built?

737 Bolivar Road was built in 1925.

When was 737 Bolivar Road last sold?

737 Bolivar Road was last sold on 30 Dec, 2020.

What is the market value for 737 Bolivar Road?

The market value* for 737 Bolivar Road in 2021 was $1,680,000.
*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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