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15021 & 15031 Commerce Drive South

Off-Market

15021 Commerce Drive South, Dearborn, MI 48120

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  • Property Type Office - General Office
  • Property Size 90,210 SF
  • Lot Size 7.79 Acre
  • Parking Spaces Avail. 261
  • Parking Ratio 2.90 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1988

Location

  • Walk Score ® Car-Dependent (31)
  • Bike Score ® Somewhat Bikeable (33)
Powered by Walk Score ®
  • City Dearborn, MI
  • Neighborhood Springwells - East Townhouse
  • Zip Code 48120
  • Market Detroit

Points of Interest

Walnut Grove Station

2.22 miles

Dearborn

2.85 miles

Checker Cab #977

6.44 miles

Michigan

6.73 miles

Huntington Place

6.79 miles

Canfield Street

6.81 miles

Warren Avenue

6.82 miles

Sproat Street

6.84 miles

Ferry Street

6.85 miles

Adelaide Street

6.86 miles

Citgo

1.45 miles

BP

3.49 miles

Citgo

5.74 miles

Bedrock QLDC 1

5.78 miles

Bedrock QLDC 2

5.79 miles

Bedrock Corktown

5.93 miles

D & W Oil Company

6.08 miles

Shamrock

6.22 miles

Wayne State University - Lot #50

6.23 miles

Marathon

6.24 miles

Federal Parking Lot 1

6.61 miles

Baltimore Garage

6.68 miles

1745 Cass Lot

6.69 miles

Orchestra Place Parking Deck

6.74 miles

Fisher Building Garage

6.79 miles

WSU Lot 33

6.84 miles

DIA Visitor Parking

7.02 miles

MRC parking lot

7.47 miles

Wyandotte Parking Lot 6

7.53 miles

Chess Row

8.61 miles

Allen Park Motor Lodge

3.63 miles

The Leo Collection

3.64 miles

Hostel Detroit

5.68 miles

Suburban 53 Motel

6.14 miles

Viking Motel

6.30 miles

El Moore

6.49 miles

Almar Motel

6.61 miles

Hollywood Motel

6.76 miles

Hotel Indigo Detroit Downtown

6.81 miles

Comfort Suites

6.89 miles

SamwicH Factory

1.33 miles

Big Fish

2.35 miles

Dunkin'

3.60 miles

Colombo's Coney Island

4.08 miles

Angelina's Mexican Restaurant

4.55 miles

White Castle

5.16 miles

Durresi Restaurant Coney Island

6.10 miles

Popeyes

6.31 miles

Mediterranean Street Food

6.80 miles

Bam Bamz!

6.81 miles

Henry Ford College - East Campus

0.35 miles

Gardner Elementary School

2.50 miles

Dorsey Schools

2.62 miles

University of Michigan-Dearborn

2.84 miles

Henry Ford College

3.23 miles

Vista Meadows Academy

4.04 miles

Bennie Elementary School

4.62 miles

Oakman School

4.83 miles

Mann Elementary School

5.11 miles

University of Detroit Mercy Corktown Campus

5.20 miles

Advanced Technology Academy Pre-K & Business Office

1.33 miles

Teddy Bear Daycare Infant Center

3.03 miles

Teddy Bear Daycare

3.05 miles

God's Little Schoolhouse

3.56 miles

Tott's Early Learning Center

4.96 miles

Allen Baptist Childcare & Development Center

5.70 miles

Angel Land Child & Parent Center

5.74 miles

Sunnybrook Day Nursery

5.83 miles

Helping Hands child care

6.24 miles

Henry Ford Kids Child Care Center

6.57 miles

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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Documents

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Sales

  • Purchase Date 12 Feb, 2013
  • 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

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 15021 & 15031 Commerce Drive South?

15021 & 15031 Commerce Drive South totals 90,210 square feet.

When was this property built?

15021 & 15031 Commerce Drive South was built in 1988.

When was 15021 & 15031 Commerce Drive South last sold?

15021 & 15031 Commerce Drive South was last sold on 12 Feb, 2013.

Looking for more in-depth information on this property?

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