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Midtown-Flexible Affordable Storage Warehouse 4100 Payne Ave 20,000 - 279,700 SF of Industrial Space Available in Cleveland, OH 44103
HIGHLIGHTS
- 4100 Payne Avenue offers flexible, economical industrial space with spacious, open floor plans near Downtown Cleveland.
- Discover available spaces, and full-floor warehouses, ideal for a wide range of users.
- Strategically located minutes from State Route 176, Cleveland Hopkins International Airport, and Interstates 71, 77, and 90.
- Building features include multiple docks and drive-in doors, dry sprinklers, 10-foot ceilings, and three 7,000-pound, 9.4' by 21.5' freight elevators.
- Lease rates range negotiable from $1.10 - $3.50/SF/YR based on location. On-site owner willing to build out space to tenant requirements.
- We are offering a 6% commission on the total lease value (up to the first 5 years) to any licensed tenant representative who procures a signed lease
FEATURES
ALL AVAILABLE SPACES(6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Rental Rate: $2.10 /SF/YR - $2.50 / SF/YR The basement is 65,000 square feet of space that is heated well above freezing, a major saving for anyone that needed space that doesn’t freeze.
- Lease rate does not include utilities, property expenses or building services
- Industrial/Warehouse use
- Lease rate does not include utilities, property expenses or building services
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Includes 1,400 SF of dedicated office space
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rental Rate: $1.10 /SF/YR - $1.40 / SF/YR
- Lease rate does not include utilities, property expenses or building services
- Fits 100 - 320 People
- Central Air Conditioning
Rental Rate: $1.10 /SF/YR - $2.75 / SF/YR Used as warehouse space. 20,000 SF, with room for expansion. Will build to suit.
- Lease rate does not include utilities, property expenses or building services
- Fits 100 - 320 People
- Central Air Conditioning
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Basement - Heated | 65,000 SF | 1-5 Years | $1.50 /SF/YR $0.13 /SF/MO $97,500 /YR $8,125 /MO | Industrial | Full Build-Out | Now |
| Ground | 48,100 SF | Negotiable | $3.50 /SF/YR $0.29 /SF/MO $168,350 /YR $14,029 /MO | Industrial | Full Build-Out | Now |
| 3rd Floor - North | 42,600 SF | 1-5 Years | $2.00 /SF/YR $0.17 /SF/MO $85,200 /YR $7,100 /MO | Industrial | Full Build-Out | Now |
| 3rd Floor - South | 39,000 SF | 1-5 Years | $1.50 /SF/YR $0.13 /SF/MO $58,500 /YR $4,875 /MO | Industrial | Full Build-Out | Now |
| 4th Floor | 45,000 SF | 1-5 Years | $1.50 /SF/YR $0.13 /SF/MO $67,500 /YR $5,625 /MO | Industrial | Full Build-Out | Now |
| 5th Floor | 20,000-40,000 SF | 1-5 Years | $1.10 /SF/YR $0.09 /SF/MO $44,000 /YR $3,667 /MO | Industrial | Full Build-Out | Now |
Basement - Heated
| Size |
| 65,000 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $1.50 /SF/YR $0.13 /SF/MO $97,500 /YR $8,125 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
Ground
| Size |
| 48,100 SF |
| Term |
| Negotiable |
| Rental Rate |
| $3.50 /SF/YR $0.29 /SF/MO $168,350 /YR $14,029 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor - North
| Size |
| 42,600 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $2.00 /SF/YR $0.17 /SF/MO $85,200 /YR $7,100 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor - South
| Size |
| 39,000 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $1.50 /SF/YR $0.13 /SF/MO $58,500 /YR $4,875 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 45,000 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $1.50 /SF/YR $0.13 /SF/MO $67,500 /YR $5,625 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 20,000-40,000 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $1.10 /SF/YR $0.09 /SF/MO $44,000 /YR $3,667 /MO |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
Basement - Heated
| Size | 65,000 SF |
| Term | 1-5 Years |
| Rental Rate | $1.50 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Rental Rate: $2.10 /SF/YR - $2.50 / SF/YR The basement is 65,000 square feet of space that is heated well above freezing, a major saving for anyone that needed space that doesn’t freeze.
- Lease rate does not include utilities, property expenses or building services
- Industrial/Warehouse use
Ground
| Size | 48,100 SF |
| Term | Negotiable |
| Rental Rate | $3.50 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
3rd Floor - North
| Size | 42,600 SF |
| Term | 1-5 Years |
| Rental Rate | $2.00 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
- Includes 1,400 SF of dedicated office space
- Space is in Excellent Condition
3rd Floor - South
| Size | 39,000 SF |
| Term | 1-5 Years |
| Rental Rate | $1.50 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
4th Floor
| Size | 45,000 SF |
| Term | 1-5 Years |
| Rental Rate | $1.50 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Rental Rate: $1.10 /SF/YR - $1.40 / SF/YR
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Fits 100 - 320 People
5th Floor
| Size | 20,000-40,000 SF |
| Term | 1-5 Years |
| Rental Rate | $1.10 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Rental Rate: $1.10 /SF/YR - $2.75 / SF/YR Used as warehouse space. 20,000 SF, with room for expansion. Will build to suit.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Fits 100 - 320 People
MATTERPORT 3D TOURS
South Building - Warehouse
/6
PROPERTY OVERVIEW
4100 Payne Avenue offers the unique opportunity to lease flexible, affordable industrial space in a desirable Central Midtown Cleveland location. This five-story, 579,018-square-foot facility offers full-floor warehouse opportunities, ideal for a wide range of users. Each floor has an open floor plan with room for expansion and build-to-suit opportunities. The property features multiple docks, drive-in doors, dry sprinklers, 10-foot ceilings, and three 6,000-lb freight elevators. 4100 Payne Avenue offers flexible space and open floor plans suited to overflow warehouse space for industrial and commercial products. Tenants seeking long-term storage for slow-turn products such as medical supplies, retail products, office equipment, restaurant equipment, furniture, raw materials, and components for product assembly will find the affordable, versatile building appealing. 4100 Payne does not have a man elevator or handicapped accessibility, and restrooms are located on the first floor. Built in 1927, 4100 Payne Avenue was originally the warehouse of a legendary Cleveland retailer. The building was purchased in 1992 by Buschman Corporation to house the company’s manufacturing operations. Buschman is the global leader in custom-designed metering solutions for applying coatings to paper and other surfaces. The world’s largest paper mills and converters trust Buschman metering rods for their exceptional precision. Buschman, the on-site owner-operator of 4100 Payne, has company operations on the first floor. Adjacent to Cleveland State University, Midtown Cleveland is a popular urban neighborhood with superior highway convenience minutes from Downtown Cleveland. Commuters appreciate Midtown’s central location, less than 2 miles from the Cleveland Browns Stadium, the House of Blues, Rocket Mortgage Fieldhouse, Progressive Field, Public Square, and more. 4100 Payne Avenue is minutes from Interstates 71, 77, and 90, along with State Route 176, and a short, 16-minute drive from Cleveland Hopkins International Airport. Join a neighborhood consistently on the rise and growing in popularity, offering a diverse community and an accessible location.
WAREHOUSE FACILITY FACTS
ABOUT EAST DOWNTOWN
East Downtown is home to one of the largest concentrations of industrial space in Cleveland at 21 million square feet. Situated east of downtown’s Central Business District, the area includes rapidly developing neighborhoods such as Hough and Fairfax and is anchored by some of Cleveland’s largest employers which include Cleveland Clinic, University Hospitals, and Case Western Reserve University.
East Downtown is easily accessible via major roadways such as State Route 322 and Interstates 90 and 77. The area is also just a short drive to the Port of Cleveland, Burke Lakefront Airport, and a 20-minute drive to the Cleveland Hopkins International Airport. Some of the area’s largest industrial tenants include All-Ohio Threaded Rod Company, Sifco Industries, and Novagard Solutions.
East Downtown’s mid-level rents and accessibility make it an attractive location for industrial tenants, and leasing volume over the past 12 months remains well above the five-year average for the area.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
LEASING AGENT
LEASING AGENT
Ross DeFelice, President/ Director
ABOUT THE OWNER
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Midtown-Flexible Affordable Storage Warehouse | 4100 Payne Ave
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