Dearborn Center

Off-Market

15041 Commerce Drive South, Dearborn, MI 48120

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 67,067 SF
  • Lot Size 8.54 Acre
  • Parking Spaces Avail. 361
  • Parking Ratio 5.39 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989

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.

  • 2022 Avg. Asking Rent $18.11
  • 2022 Office Vacancy Rate 22.95%
  • 2022 Office Completions (SF)
View more Dearborn market trends

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dearborn, MI
  • Neighborhood Springwells - East Townhouse
  • Zip Code 48120
  • Market Detroit

Points of Interest

  • Walnut Grove Station

    2.15 miles

  • Smith's Creek Depot Station

    2.45 miles

  • Firestone Station

    2.58 miles

  • Dearborn

    2.78 miles

  • Checker Cab #977

    6.53 miles

  • West Riverfront

    6.69 miles

  • Michigan

    6.82 miles

  • Fort/Cass

    6.83 miles

  • Times Square

    6.86 miles

  • Huntington Place

    6.88 miles

  • Rhombus Energy Solutions

    0.30 miles

  • Mobil

    0.32 miles

  • Shell

    0.77 miles

  • Citgo

    0.94 miles

  • Marathon

    1.01 miles

  • BP

    1.06 miles

  • Marathon

    1.37 miles

  • BP

    1.40 miles

  • Mobil

    1.43 miles

  • Sunoco

    1.47 miles

  • Arjay Miller Arboretum Parking

    1.77 miles

  • Paid Parking

    2.58 miles

  • St. Gabriel Parish Parking Lot

    2.63 miles

  • Deck 300

    2.93 miles

  • RIC

    3.04 miles

  • Monteith Parking Structure

    3.04 miles

  • 4330 Larkins St Parking

    3.11 miles

  • Parking Structure

    3.17 miles

  • Deck 400

    3.31 miles

  • Dearborn Hills Golf Course Parking - Free

    4.72 miles

  • Americas Best Value

    1.24 miles

  • Courtyard Detroit Dearborn

    1.74 miles

  • Best Western

    1.81 miles

  • The Henry Autograph Collection

    2.12 miles

  • The Dearborn Inn

    2.49 miles

  • Doubletree by Hilton Hotel Detroit-Dearborn

    2.58 miles

  • Comfort Inn

    2.62 miles

  • Holiday Inn Express & Suites

    2.67 miles

  • Hawthorn Suites By Wyndham Dearborn

    2.67 miles

  • Holiday Inn Express

    3.42 miles

  • Sareini's Pizzeria

    0.39 miles

  • Senate Coney Island

    0.40 miles

  • Wendy's

    0.44 miles

  • Burger King

    0.98 miles

  • McDonald's

    0.98 miles

  • Noah's Deli

    0.99 miles

  • Good Burger

    1.00 miles

  • Pizza Kitchen

    1.02 miles

  • King Wah Chop Suey

    1.03 miles

  • Peacock Indian Cuisine

    1.11 miles

  • Henry Ford College - East Campus

    0.44 miles

  • Geer Park Elementary

    0.65 miles

  • Cotter Early Childhood Center

    1.19 miles

  • Miller Elementary School

    1.27 miles

  • Woodworth Middle School

    1.27 miles

  • Advanced Technology Academy

    1.28 miles

  • Kaier School

    1.34 miles

  • Saint Clement School

    1.41 miles

  • Saint Barbaras School

    1.42 miles

  • Academy for Business and Technology Elementary School

    1.44 miles

  • Advanced Technology Academy Pre-K & Business Office

    1.42 miles

  • Teddy Bear Daycare Infant Center

    2.94 miles

  • Teddy Bear Daycare

    2.96 miles

  • God's Little Schoolhouse

    3.56 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    4.64 miles

  • New West Side Head Start

    4.95 miles

  • Tott's Early Learning Center

    4.98 miles

  • Allen Baptist Childcare & Development Center

    5.74 miles

  • Angel Land Child & Parent Center

    5.84 miles

  • Sunnybrook Day Nursery

    5.91 miles

Frequently Asked Questions

What is the total square footage of Dearborn Center?

Dearborn Center totals 67,067 square feet.

When was Dearborn Center last sold?

Dearborn Center was last sold on 14 Feb, 2020.

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