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15403 Commerce Drive South

Off-Market

15403 Commerce Drive South, Dearborn, MI 48120

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  • Property Type Office - Flex - Office
  • Property Size 47,660 SF
  • Lot Size 5.56 Acre
  • Parking Spaces Avail. 223
  • Parking Ratio 4.69/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (33)
  • Bike Score ® Somewhat Bikeable (35)
Powered by Walk Score ®
  • City Dearborn, MI
  • Neighborhood Springwells - East Townhouse
  • Zip Code 48120
  • Market Detroit

Points of Interest

Walnut Grove Station

2.05 miles

Smith's Creek Depot Station

2.35 miles

Firestone Station

2.46 miles

Dearborn

2.68 miles

Checker Cab #977

6.75 miles

West Riverfront

6.87 miles

Michigan

7.01 miles

Fort/Cass

7.02 miles

Times Square

7.05 miles

Huntington Place

7.06 miles

Mobil

0.35 miles

Rhombus Energy Solutions

0.42 miles

Shell

1.06 miles

Citgo

1.14 miles

BP

1.18 miles

Marathon

1.26 miles

BP

1.27 miles

BP

1.30 miles

Mobil

1.35 miles

Marathon

1.37 miles

Arjay Miller Arboretum Parking

1.80 miles

Paid Parking

2.68 miles

Deck 300

2.75 miles

St. Gabriel Parish Parking Lot

2.80 miles

St. Gabriel Parish Parking Lot

2.81 miles

RIC

2.84 miles

Monteith Parking Structure

3.02 miles

Deck 400

3.13 miles

Parking Structure

3.17 miles

4330 Larkins St Parking

3.36 miles

Americas Best Value

1.52 miles

Best Western

1.52 miles

Courtyard Detroit Dearborn

1.87 miles

The Henry Autograph Collection

2.15 miles

The Dearborn Inn

2.31 miles

Comfort Inn

2.52 miles

Doubletree by Hilton Hotel Detroit-Dearborn

2.68 miles

Hawthorn Suites By Wyndham Dearborn

2.76 miles

Holiday Inn Express & Suites

2.80 miles

Holiday Inn Express

3.13 miles

Sareini's Pizzeria

0.37 miles

Senate Coney Island

0.40 miles

Wendy's

0.53 miles

Pizza Kitchen

1.17 miles

McDonald's

1.19 miles

Burger King

1.19 miles

Noah's Deli

1.23 miles

Good Burger

1.26 miles

Subway

1.29 miles

King Wah Chop Suey

1.31 miles

Henry Ford College - East Campus

0.72 miles

Geer Park Elementary

0.88 miles

Kaier School

1.09 miles

Cotter Early Childhood Center

1.47 miles

Woodworth Middle School

1.48 miles

Strong Middle School

1.55 miles

Miller Elementary School

1.55 miles

Allendale Elementary School

1.57 miles

Advanced Technology Academy

1.57 miles

Melvindale High School

1.60 miles

Advanced Technology Academy Pre-K & Business Office

1.70 miles

Teddy Bear Daycare Infant Center

2.66 miles

Teddy Bear Daycare

2.68 miles

God's Little Schoolhouse

3.67 miles

Vista's Nuevas Headstart Gasper Fiore Center

4.84 miles

New West Side Head Start

5.09 miles

Tott's Early Learning Center

5.12 miles

Allen Baptist Childcare & Development Center

5.96 miles

Angel Land Child & Parent Center

6.12 miles

Sunnybrook Day Nursery

6.18 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 14 Feb, 2020
  • 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.

  • 2020 Avg. Asking Rent $16.92
  • 2020 Office Vacancy Rate 25.80%
  • 2020 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 15403 Commerce Drive South?

15403 Commerce Drive South totals 47,660 square feet.

When was this property built?

15403 Commerce Drive South was built in 1986.

When was 15403 Commerce Drive South last sold?

15403 Commerce Drive South was last sold on 14 Feb, 2020.

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