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Independence, Ohio

Commercial Real Estate in Cleveland

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Crown Centre, 5005 Rockside Road, Suite 800
Independence, OH 44131
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Phone: (216) 264-2000
Fax: (216) 264-2010

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In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Grant Fitzgerald

Grant Fitzgerald

Vice President/Regional Manager
View Cleveland agents & originators

The Cleveland Office

Marcus & Millichap’s Cleveland office offers commercial real estate brokerage, research, and financing services tailored to investors in Ohio and throughout the Midwest. Cleveland commercial real estate agents handle a diverse range of assets, including multifamily, retail, office, hospitality, industrial, and self-storage properties. Clients benefit from expert local support, data-driven strategy, and access to real estate properties for sale through our nationwide network. Financing support is also available through Marcus & Millichap Capital Corporation (MMCC).

CURRENT MIDWEST LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Retail

3-Tenant Retail Outparcel

Homewood, IL

Price/Gross SF: $283.25

Cap Rate: 7.75%

Listing Price: $1,395,000

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Self-Storage

Payless Self Storage

Springfield, OH

Year Built: 1996

Cap Rate: 5.05%

Listing Price: $2,900,000

Bidding Starts: Nov 3, 2025
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Apartments

AUCTION - Arlington Apartments

Toledo, OH

Number of Units: 24

Bidding Ends: Nov 5, 2025

Starting Bid: $300,000

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Apartments

1501 Riverside

Dayton, OH

Number of Units: 14

Listing Price: $535,000

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Industrial

Interior Design Center of Saint Louis

St. Louis, MO

Price/Gross SF: $119.43

Cap Rate: 7.89%

Listing Price: $11,000,000

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Net Lease

Chihuaz Auto Repair

Indianapolis, IN

Years Remaining On Lease: 4.4

Cap Rate: 9.00%

Listing Price: $1,448,556

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Net Lease

AYR Wellness

Parma Heights, OH

Years Remaining On Lease: 10.0

Cap Rate: 10.29%

Listing Price: $1,750,000

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Net Lease

Dollar General

Pierpont, OH

Years Remaining On Lease: 9.5

Cap Rate: 7.25%

Listing Price: $1,280,772

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Manufactured Housing

Sunny Terrace

Le Center, MN

Price/Space: $49,762

Cap Rate: 6.43%

Listing Price: $2,090,000

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Manufactured Housing

Radio City

Des Moines, IA

Price/Space: $61,032

Cap Rate: 6.30%

Listing Price: $9,460,000

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Apartments

Sheridan Apartments

Pekin, IL

Number of Units: 24

Cap Rate: 8.79%

Listing Price: $1,395,000

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Hospitality/Golf

Econolodge Scottsbluff

Scottsbluff, NE

Cap Rate: 11.20%

Listing Price: $2,595,000

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Hospitality/Golf

Country Inn & Suites Sidney

Sidney, NE

Price/Room: $27,059

Cap Rate: 14.20%

Listing Price: $2,300,000

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Retail

Aldi Grocery Anchored Center | Epicenter of Regional Retail Corridor

McHenry, IL

Price/Gross SF: $155.82

Cap Rate: 8.15%

Listing Price: $14,750,000

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Net Lease

Dollar Tree | Strong Historical Occupancy | Midlothian, IL (Chicago MSA)

Midlothian, IL

Years Remaining On Lease: 3.4

Cap Rate: 9.61%

Listing Price: $899,000

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Properties

RECENT MIDWEST RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

GDP

Research Brief

Financial Markets

September 2025

GDP

Research Brief

Inflation

September 2025

Research Video

CRE at a Crossroads: Jobs, Rates and Market Liquidity

September 15, 2025

Employment

Research Brief

Employment & Rates

September 2025

Employment

Research Brief

Employment

September 2025

Research Video

If The Fed Cuts Interest Rates, Will Cap Rates Follow?

September 8, 2025

US Money

Research Brief

Cap Rates

September 2025

Research Video

Will A Wave Of Distressed CRE Come To Market?

September 2, 2025

mm financial

Research Brief

CRE Distress Update

September 2025

Housing

Research Brief

Housing

August 2025

mm retail

Market Report

Retail National Report

3Q 2025

Research Video

Durable Retail Sales Positive For CRE

August 25, 2025

Economy

Research Brief

Retail Sales

August 2025

Research Video

Inflation Still Looks Tame – Should the Fed Cut Rates?

August 18, 2025

GDP

Research Brief

Inflation

August 2025

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

Crescent Creek Apartments

Press Releases

Marcus & Millichap Arranges $5.53M Sale of 96-Unit Multifamily Property in Peoria, Ill.

Marcus & Millichap announced today the sale of Crescent Creek Apartments, a 96-unit multifamily property in Peoria, Illinois, for $5.53 million.

September 15, 2025

Pacesetter Plaza

Press Releases

Marcus & Millichap Arranges $3.7M Sale of 17-Suite Retail Strip in Chicagoland Suburb

Marcus & Millichap announced today the sale of Pacesetter Plaza, a 17-suite retail strip anchored by Family Dollar in South Holland, Illinois.

September 15, 2025

Bank of America

Press Releases

Marcus & Millichap Arranges Sale of Net-Leased Bank of America Property in Humble, Texas

Marcus & Millichap announced today the sale of a net-leased Bank of America property in Humble, Texas.

September 15, 2025

Holiday Plaza

Press Releases

Marcus & Millichap Arranges Sale of 13-Suite Retail Property in Harwood Heights, Illinois

Marcus & Millichap announced today the sale of Holiday Plaza, a 13-suite retail property in Harwood Heights, Illinois.

September 15, 2025

Children's Courtyard

Press Releases

Marcus & Millichap Facilitates Sale of Net-Leased Childcare Facility in Southlake, Texas

Marcus & Millichap announced today the sale of a net-leased childcare facility, occupied by The Children’s Courtyard, in Southlake, Texas.

September 16, 2025

Whitney Point Apartments

Press Releases

Marcus & Millichap Arranges Sale of Multifamily and Retail Mixed-Use Property in Madison, Wisconsin

Marcus & Millichap announced today the sale of Whitney Point Apartments, a mixed-use property with 48 multifamily units and three retail suites, located in Madison, Wisconsin.

September 10, 2025

Caliber Collision Indiana

Press Releases

Marcus & Millichap Arranges $3.78M Sale of Caliber Collision Property in Greenwood, Indiana

Marcus & Millichap announced today the sale of a net-leased Caliber Collision property in Greenwood, Indiana, for $3,778,000.

September 09, 2025

River Shore Apartments

Press Releases

Marcus & Millichap Arranges $4.3M Sale of 48-Unit Multifamily Property in South Bend, Indiana

Marcus & Millichap announced today the sale of River Shore Apartments, a 48-unit multifamily property in South Bend, Indiana, for $4.3 million.

September 04, 2025

Walmart Shadow Anchored Center

Press Releases

Marcus & Millichap Arranges $3M Sale of 11-Suite Retail Strip in Taylorville, Illinois

Marcus & Millichap announced today the sale of an 11-suite retail strip, shadow-anchored by Walmart, in Taylorville, Illinois.

September 03, 2025

Grocery and Medical Anchored Center

Press Releases

Marcus & Millichap Facilitates $14.6M Sale of 35-Suite Retail Center in Schaumburg, Illinois

Marcus & Millichap announced today the sale of a 35-suite grocery and medical anchored shopping center in Schaumburg, Illinois, for $14,625,000.

September 03, 2025

Highlands of Lombard

Press Releases

Marcus & Millichap Brokers $5.59M Sale of Six-Suite Retail Strip in Lombard, Illinois

Marcus & Millichap announced today the sale of Highlands of Lombard, a six-suite retail strip in Lombard, Illinois, for $5.59 million.

September 03, 2025

America Stores It

Press Releases

Marcus & Millichap Arranges Sale of 407-Unit Self Storage Property in Liverpool, N.Y.

Marcus & Millichap announced today the sale of America Stores It, a 407-unit self-storage property in Liverpool, New York. 

August 27, 2025

Former Auto Dealership

Press Releases

Marcus & Millichap Arranges Sale of Former Auto Dealership Property in Madison Heights, Michigan

Marcus & Millichap announced today the sale of 101 W. 14 Mile Rd., a former auto dealership property, in Madison Heights, Michigan.

August 26, 2025

Eola Crossing

Press Releases

Marcus & Millichap Arranges $2.8M Sale of 9-Suite Retail Strip in Aurora, Illinois

Marcus & Millichap announced today the sale of Eola Crossing, a 9-suite retail strip in Aurora, Illinois, for $2,825,000.

August 26, 2025

Noble Square Portfolio

Press Releases

Marcus & Millichap Brokers $7.9M Sale of 38-Unit Multifamily Portfolio in Chicago

Marcus & Millichap announced today the sale of a six-property, 38-unit multifamily property portfolio in the Noble Square neighborhood of Chicago, Illinois.

August 26, 2025

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News & Events