Ann Carpenter, Other/Just Looking in Middleburg Ht., OH

I have a friend who is considering leasing a building on Larchmere to put in a pizza place and a cell phone

Asked by Ann Carpenter, Middleburg Ht., OH Mon Jun 30, 2008

business. Do you think $2000.00 per month is too much rent? Thanks in advance. Ann amen51@att.net

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Ann,
The larchmere area is growing and quite unique...great area! You did not indicate aquare footage in your request. If your friend is talking about a whole building for $2000....I would say it is resonable. What is the zoning on this building? There are some residential buildings in the area too.
Hope ths helps.
Callie SInkinson
http://www.CalliesMarket.com
1 vote Thank Flag Link Mon Jun 30, 2008
There are many factors when dealing with commercial leases. What type of lease is it(is it a triple net lease...cam charges, taxes, insurance billed separate) etc? Square Footage? Length of lease? Renewal Options? Is there a deposit or is the landlord carrying some remodeling? I am not in that part of town, but I do strongly suggest speaking to a professional in the area if your friend doesn't have much experience in this area.
1 vote Thank Flag Link Mon Jun 30, 2008
Larchmere is a great area and has a strong history of success. I opened my first business on Larchmere in 1972' it was called woodland back then. I was told it was a changing neighborhood, well ... All neighborhoods are changing. I still own property on Larchmere and it is a great place to be. I would highly recommend opening a business in one of Cleveland's great neighborhoods. A short walk to Shaker Square, close to the transit system, restaurants, antique stores and more. Fine Points!
0 votes Thank Flag Link Wed May 16, 2012
Be very careful. The area is changing and safety issues are a concern. It is a shame because Larchmere/ Shaker Square used to be such a stellar area. Spend lots of time there checking out the neighborhood before signing any lease.
0 votes Thank Flag Link Wed Jul 16, 2008
The building is 3500 square feet and it is a triple net lease. Does $2000 per month sound okay for Larchmere in Cleveland bordering Shaker Heights? Thank you very much.
0 votes Thank Flag Link Mon Jun 30, 2008
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