Spotlight on Brook Park: Northeast Ohio Commercial Real Estate

For those looking to purchase or lease land or commercial properties, Brook Park is a treasure trove. With a population of more than 19,100 residents, it is an ideal place for businesses and families looking to be near the action, yet surrounded by parks and peaceful neighborhoods. The juxtaposition of industrial and scenic makeup, in conjunction with its affordable cost of living, play major roles in its appeal. 

Location, Location, Location

Commercial property developers, investors and business owners benefit from Brook Park’s locality perks in so many ways. Transportation options for tenants, commuters, out-of-town visitors and other guests include Cleveland Hopkins International Airport; Interstate Highways 71, 480, 80, 271, 277 and Route 237; and public transit. In addition to the hometown airport, Burke Lakefront Airport, Cuyahoga County Airport and Akron-Canton Airport are nearby and available for both international and commuter flyers.

The four airports serve more than 50 North American markets including New York City, Washington D.C., San Francisco, Seattle, and Canada’s most populous city, Toronto. 

Brook Park’s strategic location maximizes access to more than half of the U.S. Fortune 500 headquarters and 43% of the nation’s population. The highways, airports, commercial rail lines and a growing port means transporting goods from the area is seamless. Business travelers have their choice of more than 350 hotel rooms available within three miles of Brook Park, as well as many upscale restaurants and nearby attractions. 

Industrial and Land Options Abound

Whether land or developed property is the aim, Brook Park has a variety of commercial real estate available. Here are a few of note: 

Cedar Point Road – Land, 22649 Cedar Point Road

4.7 acres for sale

Situated in a parklike setting adjacent to Cleveland Hopkins International Airport and NASA Glenn Research Center, this property is located in a Federal Opportunity Zone and a Community Reinvestment Area that allows for 100% tax abatement up to 15 years on improvements.

5310 W. 161st Street – Industrial Property

12,500 square feet for lease

The facility houses offices and a newly renovated warehouse including painted white walls and ceiling and new LED lighting. Offices can be refurbished to suit the tenant’s needs.

Eastland Properties – Industrial Property, 6511 Eastland Road

3,750-6,000 square feet for lease

Located on 2.3 acres of land, the facility offers two units for lease (which can be combined); one is 3,750 square feet, the other is 6,000 square feet. Office space, shipping docks and ample parking is available. 

Aerospace Parkway – Land, Aerospace Parkway

17.8 acres for sale

Surrounded by nature, the property is located in the Aerozone Alliance TechPark next to Cleveland Hopkins International Airport and NASA Glenn Research Center. The land is located in a Federal Opportunity Zone and a Community Reinvestment Area that allows for 100% tax abatement up to 15 years on improvements. 

To learn more about commercial real estate options in Brook Park in Northeast Ohio, contact Cushman & Wakefield | CRESCO’s knowledgeable team.