Highlights
- The average rent for office space in Dearborn is $17.37 per square foot, 3.28% lower compared to the previous year.
- The average sale price for office space in Dearborn is $979.77 per square foot, marking an increase of 664.29% compared to 2024.
- The market’s vacancy rate stands at 12.24%, lower than the state average of Michigan, which is 22.02%.
2025 Office Space Rent & Sales
- $17.37 2025 Avg. Asking Rent
- -3.28% Y-o-Y Avg. Asking Rent Change
- 12.24% 2025 Office Vacancy Rate
- $130.8M2025 Total Office Sales
- $979.77Avg. Sale Price/SF
What is the average asking rent price for office space in Dearborn?
Average asking rents for office space here stand at $17.37 per square foot. The local office market recorded an average vacancy rate of 12.24% in 2025, unchanged from 12.24% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $130.8M across 3 sales. These transactions commanded an average sale price per square foot of $979.77.
Dearborn, MI Office Asking Rents by Class
What is the average office rent per square foot by property class in MI?
- Avg. Asking Rent Class A & A+$22.82
- Avg. Asking Rent Class B$21.47
- Avg. Asking Rent Class C$15.43
For comparison, the average rent for Class A and A+ office space in Michigan was $22.82 per square foot. The state-wide average for Class B space was $21.47 per square foot, and Class C office spaces averaged $15.43 per square foot.
What are the largest recent office completions in Dearborn?
The largest recent office completion here is 4 & 6 Parklane Boulevard at 286,726 square feet, completed in 1985. The next largest completions are Village Plaza and Parklane Towers.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 4 & 6 Parklane Boulevard | 4 & 6 Parklane Boulevard, 48126 | 286,726 | 1985 |
| Office Park West | 5225 Auto Club Dr, 48126 | 65,737 | 1983 |
| For Sale or Lease | Medical Office Building | 5141 Oakman Blvd, 48126 | 5,613 | 1979 |
| Parklane Towers | 1 & 3 Parklane Blvd, 48126 | 244,805 | 1973 |
| Village Plaza | 23400 Michigan Avenue, 48124 | 285,468 | 1968 |
See reports for other markets
- Ann Arbor Office Rent Price
- Detroit Office Rent Price
- Lansing Office Rent Price
- Southfield Office Rent Price
- Troy Office Rent Price
- Grand Rapids Office Rent Price
- Farmington Hills Office Rent Price
- Livonia Office Rent Price
- Novi Office Rent Price
- East Lansing Office Rent Price
- Cleveland Office Rent Price
- Toledo Office Rent Price
- Warren Office Rent Price
- Sterling Heights Office Rent Price
- Birmingham Office Rent Price
- Bloomfield Hills Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.