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4700 Rockside Road, Independence, OH, 44131

Summit One

$7,185,000

Key Information

Tot. SF
115,896
Lot Size
3.87 Acres
Year Built
1984
Type
Office
Occupancy
36.3%

Highlights

Exceptional I-77 Traffic Exposure

Strategically positioned near the I-77/Rockside Road interchange, where approximately 95,476 vehicles travel daily, providing substantial exposure along one of Northeast Ohio’s major transportation corridors.

High-Traffic Business Corridor

Rockside Road accommodates approximately ±27,785 vehicles daily, reinforcing the area’s nearby business services, hotels, restaurants, and the greater Cleveland and Akron markets.

Corporate Branding & Signage Opportunity

U-5 zoning permits dedicated building-mounted and monument signage, offering an owner-user the opportunity to establish a distinct corporate identity. Customized signage and potential building naming rights are subject to Architectural Board of Review (ABR) approval.

Substantial Existing Office Availability

Approximately 73,816 SF (63.7%) currently vacant, offering significant existing office availability and opportunities for customized corporate occupancy.

Independence Municipal Tax Advantage

Independence offers a 2.0% municipal income tax rate compared to Cleveland’s 2.5%, providing a potential workplace tax advantage for relocating businesses, complemented by convenient highway access and on-site parking.

Compelling Acquisition Basis

Offered at $62/SF, approximately 70% below the low end of the 2026 national construction cost range of $208–$574/SF for five- to ten-story office buildings.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BRKP.2019005179, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113