• 500 Town Center Drive
  • 500 Town Center Drive
  • +1 image 500 Town Center Drive

500 Town Center Drive

Off-Market

500 Town Center Drive, Dearborn, MI 48126

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

  • Property Type Office - General Office
  • Property Size 69,512 SF
  • Lot Size 6.02 Acre
  • Parking Spaces Avail. 368
  • Parking Ratio 5.30 / 1,000 SF
  • Property Tenancy Vacant
  • Building Class A
  • Year Built 1998

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

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 ®

    37/100 Car-Dependent

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dearborn, MI
  • Neighborhood Fairlane Town Center
  • Zip Code 48126
  • Market Detroit

Points of Interest

  • Walnut Grove Station

    0.81 miles

  • Smith's Creek Depot Station

    0.93 miles

  • Firestone Station

    1.15 miles

  • Dearborn

    1.19 miles

  • CDM Transport LLC

    6.99 miles

  • Checker Cab #977

    8.05 miles

  • Detroit

    8.16 miles

  • Baltimore Street

    8.20 miles

  • Grand Boulevard

    8.20 miles

  • Amsterdam Street

    8.20 miles

  • BP

    0.86 miles

  • BP

    1.11 miles

  • Sunoco

    1.21 miles

  • Citgo

    1.44 miles

  • Marathon

    1.53 miles

  • Citgo

    1.61 miles

  • BP

    1.68 miles

  • Mobil

    1.73 miles

  • Rhombus Energy Solutions

    1.74 miles

  • Cambridge Oil

    1.75 miles

  • Arjay Miller Arboretum Parking

    0.27 miles

  • Paid Parking

    0.95 miles

  • Monteith Parking Structure

    1.03 miles

  • Deck 300

    1.86 miles

  • RIC

    2.05 miles

  • Deck 400

    2.14 miles

  • Dearborn Hills Golf Course Parking - Free

    3.07 miles

  • St. Gabriel Parish Parking Lot

    4.49 miles

  • 4330 Larkins St Parking

    4.55 miles

  • Parking Structure

    5.20 miles

  • The Henry Autograph Collection

    0.19 miles

  • Courtyard Detroit Dearborn

    0.89 miles

  • Doubletree by Hilton Hotel Detroit-Dearborn

    0.95 miles

  • Hawthorn Suites By Wyndham Dearborn

    0.97 miles

  • Comfort Inn

    1.04 miles

  • Holiday Inn Express & Suites

    1.22 miles

  • The Dearborn Inn

    1.56 miles

  • Hampton

    1.92 miles

  • Americas Best Value

    2.32 miles

  • Best Western

    2.67 miles

  • Bravo

    0.27 miles

  • P.F. Chang's

    0.27 miles

  • Benihana

    0.28 miles

  • China Town

    0.33 miles

  • Fuddruckers

    0.34 miles

  • A&W

    0.40 miles

  • Big Fish

    0.51 miles

  • TGI Friday's

    0.55 miles

  • Wendy's

    0.81 miles

  • Chili's

    0.82 miles

  • University of Michigan-Dearborn Fairlane Campus

    0.54 miles

  • University of Michigan-Dearborn

    0.80 miles

  • Henry Ford Academy

    0.86 miles

  • Dorsey Schools

    0.90 miles

  • Muslim American Youth Academy

    1.07 miles

  • The Dearborn Academy

    1.07 miles

  • Henry Ford College

    1.16 miles

  • Detroit Leadership Academy

    1.23 miles

  • Carver STEM Academy

    1.25 miles

  • Mae C Jemison Academy (closed)

    1.45 miles

  • God's Little Schoolhouse

    1.86 miles

  • Advanced Technology Academy Pre-K & Business Office

    2.60 miles

  • New West Side Head Start

    3.39 miles

  • Tott's Early Learning Center

    3.40 miles

  • Teddy Bear Daycare Infant Center

    3.71 miles

  • Teddy Bear Daycare

    3.72 miles

  • Helping Hands child care

    4.42 miles

  • Allen Baptist Childcare & Development Center

    4.70 miles

  • Sunnybrook Day Nursery

    5.79 miles

  • Hampton Church Child Care Center

    5.92 miles

Frequently Asked Questions

What is the total square footage of 500 Town Center Drive?

500 Town Center Drive totals 69,512 square feet.

When was this property built?

500 Town Center Drive was built in 1998.

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