What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Fairlawn commercial real estate market incorporates 1,370,238 square feet of office space across 29 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Fairlawn commercial real estate market includes 1,777,957 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

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38 Commercial Real Estate Listings in Fairlawn, Summit County, OH

CRE Market Stats

The Shops of Fairlawn

3737 West Market Street, Fairlawn, Akron, OH
For Lease

Contact for pricing
Property

Retail

150,000 SF
Availability

1 Space

36,100 SF
Year Built

1993
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3637 Ridgewood Road

3637 Ridgewood Road, Fairlawn, OH
For Lease

Contact for pricing
Property

Office

34,000 SF
Availability

1 Space

34,000 SF
Year Built

2012
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Embassy Park - 3560 West Market Street

3560 West Market Street, Fairlawn, Akron, OH
For Lease

$18.50/SF/YR
Property

Office

51,455 SF
Availability

7 Spaces

27,269 SF
Year Built

1985
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3550 West Market Street

3550 West Market Street, Fairlawn, Akron, OH
For Lease

$17.50/SF/YR
Property

Office

44,184 SF
Availability

1 Space

15,000 SF
Year Built

1972
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Fairlawn Corporate Park

703 South Cleveland Massillon Road, Fairlawn, OH
For Lease

$18.00/SF/YR
Property

Office

97,845 SF
Availability

1 Space

14,429 SF
Year Built

2007
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Summit Plaza Suite 500

3009 Smith Rd, Suite 500, Fairlawn, Akron, OH
For Lease

$16.00/SF/YR
Property

Office

2,061 SF
Availability

1 Space

2,061 SF
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Rosemont Commons

3750 West Market Street, Fairlawn, Akron, OH
For Lease

Contact for pricing
Property

Retail

493,621 SF
Availability

1 Space

2,100 SF
Year Built

1992
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Embassy Park - 3737 Embassy Pkwy

3737 Embassy Pkwy, Fairlawn, Akron, OH
For Lease

$18.50/SF/YR
Property

Office

46,050 SF
Availability

4 Spaces

6,420 SF
Year Built

1998
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Fairlawn Town Centre

2755 West Market Street, Fairlawn, Akron, OH
For Lease

Contact for pricing
Property

Retail

333,075 SF
Availability

8 Spaces

17,056 SF
Year Built

1962
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Embassy Park - 3700 Embassy Pkwy

3700 Embassy Pkwy, Fairlawn, Akron, OH
For Lease

$19.00/SF/YR
Property

Office

78,985 SF
Availability

6 Spaces

25,534 SF
Year Built

2000
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3480 West Market Street

3480 West Market Street, Fairlawn, Akron, OH
For Lease

$4.33 - $17.95/SF/YR
Property

Office

33,333 SF
Availability

3 Spaces

8,489 SF
Year Built

1987
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Jefferson Park Fairlawn

Jefferson Park - Fairlawn, Fairlawn, OH
For Lease

Contact for pricing
Property

Office

56,000 SF
Availability Contact for availability
Year Built

1988
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Summit Plaza Suite 500

3009 Smith Road Suite 500, Fairlawn, Akron, OH
For Lease

$18.00/SF/YR
Property

Office

55,740 SF
Availability

1 Space

2,061 SF
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Cleveland Massillon Road & Kumho Drive

721 S Cleveland Massillon Rd, Fairlawn, Akron, OH
For Sale

$135,000
Property

VacantLand

1.08 Acre
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66 South Miller Road

66 South Miller Road, Fairlawn, OH
For Lease

$15.50/SF/YR
Property

Office

2,603 SF
Availability

2 Spaces

2,603 SF
Year Built

1964
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3075 Smith Road

3075 Smith Road, Fairlawn, OH
For Lease

$18.50/SF/YR
Property

Office

1,550 SF
Availability

1 Space

1,550 SF
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2640 West Market Street

2640 West Market Street, Fairlawn, OH
For Lease

$14.00/SF/YR
Property

Office

6,863 SF
Availability

3 Spaces

6,863 SF
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55 South Miller Road

55 S Miller Rd, Fairlawn, OH
For Lease

$12.50 - $14.75/SF/YR
Property

Office

10,600 SF
Availability

2 Spaces

2,622 SF
Year Built

1984
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55 S Miller Rd

55 S Miller Rd, Fairlawn, OH
For Sale

$995,000
Property

Office

10,600 SF
Year Built

1984
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3644 West Market Street

3644 West Market Street, Fairlawn, OH
For Sale

$250,000
Property

VacantLand

1.09 Acre
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2923 Smith Road

2923 Smith Rd, Fairlawn, Akron, OH
For Lease

$19.95/SF/YR
Property

Office

2,332 SF
Availability

1 Space

2,332 SF
Year Built

2003
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2870 West Market St

2870 West Market St, Fairlawn, OH
For Lease

Contact for pricing
Property

Retail

3,503 SF
Availability

1 Space

3,503 SF
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33 BAKER BOULEVARD

33 BAKER BOULEVARD, Fairlawn, OH
For Lease

$11.00 - $15.50/SF/YR
Property

Office

2,120 SF
Availability

2 Spaces

2,120 SF
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2890 Sand Run Pkwy

2890 Sand Run Pkwy, Fairlawn, Akron, OH
For Lease

$16.00/SF/YR
Property

Retail

6,020 SF
Availability

1 Space

1,750 SF
View Details (opens in new window)
West Market Street and South Miller Road

WEST MARKET STREET AND SOUTH MILLER ROAD, Fairlawn, OH
For Sale

$495,000
Property

VacantLand

0.58 SF
View Details (opens in new window)
Off Market
3421 Ridgewood Road

3421 Ridgewood Road, Fairlawn, Akron, OH
Property

Office

62,700 SF
Year Built

2006

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Fairlawn commercial real estate market incorporates 1,370,238 square feet of office space across 29 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Fairlawn commercial real estate market includes 1,777,957 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The largest share of commercial real estate space for lease in Fairlawn is represented by Office space, which accounts for 148,592 square feet of available listings. Retail space available in Fairlawn adds up to 60,509 square feet.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Fairlawn is $18.58 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Fairlawn can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Fairlawn, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.95 per square foot. In particular, the property type commanding the highest lease rates in Fairlawn was Office space.

The average size of a commercial property in Fairlawn depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Fairlawn, the average size of an office property is 42,820 square feet.
Retail properties here incorporate an average of 253,994 square feet.

Fairlawn, Summit County, OH Commercial Real Estate Inventory Breakdown

In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.

Total Office Space in Fairlawn: 1,361,195 Sq. Ft.

In Fairlawn, the largest share of office space is in office properties sized 50k to 100k square feet. In terms of quality rating, you’ll find that 466,035 square feet of office space in Fairlawn is rated Class A. Office space rated Class B amount to 837,710 square feet.

Fairlawn Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	588,689 Sq. Ft.	43.25%
100k to 500k Sq. Ft.	406,053 Sq. Ft.	29.83%

Fairlawn Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class A	466,035 Sq. Ft.	34.24%
Class B	837,710 Sq. Ft.	61.54%
Class C	57,450 Sq. Ft.	4.22%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Total Retail Space in Fairlawn: 1,768,434 Sq. Ft.

The Fairlawn commercial real estate market includes 5 properties that are dedicated to retail use. The various types of retail space here account for 1,768,434 square feet of commercial property in Fairlawn.

Fairlawn Retail Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Retail
100k to 500k Sq. Ft.	1,092,031 Sq. Ft.	61.75%
500k to 1M Sq. Ft.	676,403 Sq. Ft.	38.25%

Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.

Fairlawn, Summit County, OH Currently Available Listings

Commercial real estate listings for rent in Fairlawn currently add up to 418,202 square feet. There are 18 active office listings, which amount to 148,592 square feet and account for 37% of commercial spaces on the market. Local retail availability includes 60,509 square feet across 5 listings.

Fairlawn Commercial Space for Lease Breakdown
City	Property Type	Count of Listings	Total SF
Fairlawn, Summit County, OH	Office	18	148,592
Fairlawn, Summit County, OH	Retail	5	60,509
Fairlawn, Summit County, OH	Other	25	209,101

Office

Retail

38 Commercial Real Estate Listings in Fairlawn, Summit County, OH

The Shops of Fairlawn

3637 Ridgewood Road

Embassy Park - 3560 West Market Street

3550 West Market Street

Fairlawn Corporate Park

Summit Plaza Suite 500

Rosemont Commons

Embassy Park - 3737 Embassy Pkwy

Fairlawn Town Centre

Embassy Park - 3700 Embassy Pkwy

3480 West Market Street

Jefferson Park Fairlawn

Summit Plaza Suite 500

Cleveland Massillon Road & Kumho Drive

66 South Miller Road

3075 Smith Road

2640 West Market Street

55 South Miller Road

55 S Miller Rd

3644 West Market Street

2923 Smith Road

2870 West Market St

33 BAKER BOULEVARD

2890 Sand Run Pkwy

West Market Street and South Miller Road

3421 Ridgewood Road

Frequently Asked Questions

Fairlawn, Summit County, OH Commercial Real Estate Inventory Breakdown

Total Office Space in Fairlawn: 1,361,195 Sq. Ft.

Total Retail Space in Fairlawn: 1,768,434 Sq. Ft.

Fairlawn, Summit County, OH Currently Available Listings

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38 Commercial Real Estate Listings in Fairlawn, Summit County, OH

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Fairlawn, OH?

What factors affect the price of commercial real estate in Fairlawn, OH?

What is the average rent for commercial space in Fairlawn, OH?

What are the best areas for commercial real estate in Fairlawn, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Fairlawn, OH?

Fairlawn, Summit County, OH Commercial Real Estate Inventory Breakdown

Total Office Space in Fairlawn: 1,361,195 Sq. Ft.

Total Retail Space in Fairlawn: 1,768,434 Sq. Ft.

Fairlawn, Summit County, OH Currently Available Listings

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us