Two sizable office buildings along Independence's busy Rockside Road corridor just hit the sales block with an $18.4 million asking price, putting a major chunk of suburban workspace in play for investors or an ambitious owner-user.
The pair, marketed together as Rockside Square, offers roughly 160,000 rentable square feet spread across two four-story buildings.
According to Crain's Cleveland Business, the listing was reported today at an $18.4 million offering price for the combined package. Brokers are pitching the site to both traditional investors and potential owner-occupants looking for a suburban office footprint in the Rockside corridor.
What Is on the Market
The offering covers two four-story buildings at Rockside Square, 6133 and 6155 Rockside Road, totaling about 160,000 rentable square feet with floor plates of roughly 18,000 square feet. A marketing brochure from Cushman & Wakefield and The King Group notes the buildings were updated in 2024 to 2025 and now feature a new fitness center, executive conference rooms, and ample surface parking.
Leasing and Asking Rents
Public listings show available suites marketed in the high teens per square foot. The listing on Crexi advertises space in the roughly $18.50 to $19.50 per square foot range, underscoring the kind of rental yields a buyer might expect from a stabilized occupancy.
Market Context
Even with fresh renovations, Rockside Square is playing in a submarket that has been softer than greater Cleveland. A mortgage prospectus appraisal for a nearby park center found the Rockside Corridor had a 16.6 percent vacancy rate and an asking rent of $21.74 per square foot as of the first quarter of 2025, according to BMO. By comparison, the wider Cleveland market posted about a 9.2 percent vacancy over the same period. That kind of gap helps explain why brokers are leading with renovated, move-in-ready space to entice either tenants or an owner-user.
Who Is Selling and What Comes Next
Listing materials name The King Group and Cushman & Wakefield | CRESCO as the brokers handling the offering and include direct contact information for prospective buyers. Crain's Cleveland Business did not identify a buyer or seller. For now, the brokerage teams are starting to field interest, and the market will decide whether an investor or an owner-user steps up for the 160,000-square-foot Rockside Square package.
