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15203 Commerce Drive South

Off-Market

15203 Commerce Drive South, Dearborn, MI 48120

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  • Property Type Office - Flex - Office
  • Property Size 52,955 Sqft
  • Lot Size 4.24 Acre
  • Parking Spaces Avail. 95
  • Parking Ratio 1.80/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1987

Location

  • City Dearborn, MI
  • Neighborhood Springwells - East Townhouse
  • Zip Code 48120
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 12 Feb, 2013
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 2020 Avg. Asking Rent $16.92
  • 2020 Office Vacancy Rate 25.80 %
  • 2020 Office Completions (Sqft)
View more Dearborn market trends

Tax

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Frequently Asked Questions

What is the total square footage of 15203 Commerce Drive South?

15203 Commerce Drive South totals 52,955 square feet.

When was this property built?

15203 Commerce Drive South was built in 1987.

When was 15203 Commerce Drive South last sold?

15203 Commerce Drive South was last sold on 12 Feb, 2013.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.