2488-2504 40Th StCleveland, OH 44104

For Lease
$120/SF/YR

Cleveland retail space, multiple units available

Overview

Added:
Dec 11, 2024
Days on market:
91
Arbor Park Place, a single-story, 38,230 square foot retail center located at 2488-2504 E. 40th Street, Cleveland, OH 44115, presents a compelling investment opportunity. This Class C property, situated on a 2.15-acre lot (APN 103-32-002) in Cuyahoga County's Central Community submarket, offers multiple suites for lease. Built in 1960 and renovated in 1999, the center currently features four suites, with 26,740 square feet currently vacant. Available spaces range from 1,018 to 18,318 contiguous square feet, suitable for a variety of retail or restaurant uses. The zoning is Retail/Commercial. The property's location near Community College Avenue provides excellent visibility and accessibility. Current tenants include a daycare center and a Dollar Mart. This presents a unique chance to establish a business in a well-established, renovated center within a thriving community. The property's size and flexible space options make it ideal for a range of businesses seeking a prominent location in Cleveland.

Highlights

  • Prime location, 5-7 minutes from Downtown Cleveland, Tri-C Community College, and Midtown.
  • Excellent highway access via I-71, I-77, I-90, and the Opportunity Corridor.
  • Convenient public transportation.

Property Details for 2488-2504 40Th St

Property type
Other specialty properties, Neighborhood centers
RSF (Rentable sq. ft)
38,230 SF
Class
C
Year Built/Renovated
1960/1999
Buildings
1
Stories
1

Unit(s) available at that property

Space
Unit 6
Size
4,600 SF
Rate per SF
$120
Space
Unit 5
Size
18,313 SF
Rate per SF
$120
Space
Unit 3
Size
1,018 SF
Rate per SF
$120

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.492344107882
Longitude
-81.65857513137
2488-2504 40Th St, Cleveland, Ohio

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2488-2504 40Th St
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