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State Building 2875 Detroit Ave
1,200 - 7,443 SF of 4-Star Retail Space Available in Cleveland, OH 44101
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,781 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor | 1,200-4,662 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
2,781 square foot retail space available for lease.
- Space is in Excellent Condition
- Central Air Conditioning
- New constructed space.
1st Floor
4,662 square foot retail space available for lease divisible down to 1,200 square feet.
- Space is in Excellent Condition
- Central Air Conditioning
- Newly constructed space.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2875 Detroit Ave , Cleveland, OH 44101
| Min. Divisible | 1,200 SF | Year Built | 2019 |
| Property Type | Retail | Parking Ratio | 2.58/1,000 SF |
| Gross Internal Area | 18,155 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Gross Internal Area | 18,155 SF |
| Year Built | 2019 |
| Parking Ratio | 2.58/1,000 SF |
About the Property
Nearly 10,000 SF public pedestrian way with amphitheater seating, lighted see-saw, and community splash fountain. 150-person greenery-filled rooftop event and community space with spectacular cityscape and lake views, and ample catering opportunities. Japanese-inspired rooftop three-season soaking pool. Nearly 200-space ground level indoor dedicated bike garage. Massive commissioned rotating public art installation on building’s exterior. Tool-lending library. First LEED-certified apartment building on Cleveland’s west side. Secure, dedicated indoor parking, including for retail and visitors. Materials for longevity that are natural yet prestigious - Spanish slate, hardwood, open glass storefronts. Car sharing and electric vehicle charging stations. Located in the heart of the rapidly developing Hingetown part of Ohio City, one of the fastest growing neighborhoods in Cleveland.
Nearby Major Retailers
Contacts
-
Ryan Fisher -
Alex Smith -
Cameron Callahan -
Cushman & Wakefield | CRESCO Real Estate
Presented by
State Building | 2875 Detroit Ave
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