The subject property is prominently located with excellent access and visibility on Broadway Avenue/State Route 14 (18,750 AADT) just east of Interstate 77 (89,603 AADT). The property has the advantage of being located just south of the junction of Interstate 77 and Interstate 490 (105,843 AADT), part of what is known as the Cleveland Inner Belt. The site benefits from strong demographics with a total daytime population of 465,168 within a 5-mile radius. The average household income within 5 miles of the site is $70,102.
Cleveland, OH is a dynamic city on the southern shore of Lake Erie, with a metropolitan population of 2,048,449 and a city population of around 370,000. The Cleveland MSA has a GDP of $135.7 billion, reflecting its diverse economy and key industries.
Cleveland is a major hub for healthcare, home to globally renowned institutions like the Cleveland Clinic, University Hospitals, and MetroHealth. Other significant sectors include manufacturing, finance, and a growing tech industry. Major companies headquartered in the Cleveland area include Progressive Insurance, Sherwin-Williams, KeyCorp, JM Smucker Company, Parker Hannifin, and Eaton Corporation, all of which contribute to the region’s economic strength.
The city’s well-developed transportation infrastructure—comprising major highways, Cleveland Hopkins International Airport, and the Port of Cleveland—enhances its role as a logistics hub. Recent revitalization in downtown Cleveland and growing neighborhoods like Ohio City and Tremont have spurred real estate investment.
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