12970 Prospect Street

Off-Market

12970 Prospect Street, Dearborn, MI 48126

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 65,688 SF
  • Lot Size 5.07 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2005

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Dearborn

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Dearborn Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $18.00
  • 2021 Office Vacancy Rate 33.44%
  • 2021 Office Completions (SF)
View more Dearborn market trends

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dearborn, MI
  • Neighborhood Eastborn
  • Zip Code 48126
  • Market Detroit

Points of Interest

  • Walnut Grove Station

    2.83 miles

  • Smith's Creek Depot Station

    3.10 miles

  • Firestone Station

    3.28 miles

  • Dearborn

    3.43 miles

  • Checker Cab #977

    5.70 miles

  • Warren Avenue

    6.00 miles

  • Ferry Street

    6.01 miles

  • Canfield Street

    6.02 miles

  • West Riverfront

    6.02 miles

  • Detroit

    6.02 miles

  • Marathon

    0.33 miles

  • Shell

    0.35 miles

  • Mobil

    0.38 miles

  • Marathon

    0.66 miles

  • Citgo

    0.67 miles

  • BP

    0.82 miles

  • Truck City

    0.84 miles

  • Citgo

    0.84 miles

  • BP

    0.87 miles

  • Sunoco

    0.91 miles

  • St. Gabriel Parish Parking Lot

    2.13 miles

  • Arjay Miller Arboretum Parking

    2.15 miles

  • 4330 Larkins St Parking

    2.20 miles

  • Paid Parking

    2.57 miles

  • Parking Structure

    3.31 miles

  • Monteith Parking Structure

    3.42 miles

  • Deck 300

    3.77 miles

  • RIC

    3.90 miles

  • Deck 400

    4.14 miles

  • Truck Parking

    4.64 miles

  • Dunkin'

    0.32 miles

  • M Cantina

    0.32 miles

  • King Wah Chop Suey

    0.32 miles

  • La-Shish ( www.lashishrestaurant.com )

    0.36 miles

  • SamwicH Factory

    0.36 miles

  • Papa John's

    0.37 miles

  • Prime Eatery

    0.37 miles

  • Peacock Indian Cuisine

    0.44 miles

  • Good Burger

    0.59 miles

  • Noah's Deli

    0.72 miles

  • Dearborn Fresh Supermarket

    0.50 miles

  • Papaya Supermarket

    0.83 miles

  • Dearborn Village Supermarket

    1.04 miles

  • Kroger

    1.16 miles

  • Target

    1.59 miles

  • Burlington

    1.74 miles

  • Big Lots

    1.83 miles

  • Royal Plaza

    1.85 miles

  • Vernor Food Center

    2.00 miles

  • Zain International Market

    2.06 miles

  • Beaumont Schaefer Clinic

    0.31 miles

  • Midwest Medical Center

    0.34 miles

  • Rite Aid

    1.05 miles

  • Dearborn Fire Department

    1.18 miles

  • CVS Pharmacy

    1.19 miles

  • Walgreens

    1.26 miles

  • Kawar Surgical Center

    1.36 miles

  • Chase Medical Center

    1.38 miles

  • Premier Medicine Urgent Care

    1.57 miles

  • Dearborn Police Department

    1.59 miles

Frequently Asked Questions

What is the total square footage of 12970 Prospect Street?

12970 Prospect Street totals 65,688 square feet.

When was this property built?

12970 Prospect Street was built in 2005.

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