Full-Service Office
For Lease
Contact for pricing
23400 Michigan Ave, Dearborn, MI 48124
Twelve-story office building offering on-site management, 24/7 access, and parking for office tenants.
Property Size716 SF
Days on Market1324
Property Features for 23400 Michigan Ave
General Information
Standard status
Active
Size
716 SF
Total Parking Spaces
1800
Property subtype
OFFICE
Lease Type
SF/mo
Additional Details
Highway Access
Yes
Amenities
on-site management
structure parking
24/7 building access
Building Details
Stories
12
Building Size
285,468 SF
Listing Agency:
Thomas A. Duke Company
(313) 478-5400
Listed By:
Frank Rakipi
(313) 478-5400
Source:
Moodyscre
Added: Dec 16, 2022
Changed: Jul 29
Last Checked: Jul 31 at 11:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas A. Duke Company
Investment Insights
Based on property information with market context.
Village Plaza is a prominent twelve-story office building offered as a full-service option for tenants. The property provides on-site management and 24/7 building access, along with structure and surface parking.
The building is located on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, Michigan. It is positioned near the University of Michigan–Dearborn, Oakwood Hospital, and Ford Motor Company World Headquarters, with easy freeway access and about twelve minutes to Detroit Metropolitan Airport.
On-site parking totals 1,800 surface and structure spaces. Tenants listed include FedEx Office, H&R Block, and U1 Cafe.
The building is located on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, Michigan. It is positioned near the University of Michigan–Dearborn, Oakwood Hospital, and Ford Motor Company World Headquarters, with easy freeway access and about twelve minutes to Detroit Metropolitan Airport.
On-site parking totals 1,800 surface and structure spaces. Tenants listed include FedEx Office, H&R Block, and U1 Cafe.
Key Highlights
- 285,468 SF, 12‑story full‑service office building on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, MI
- 1,800 surface and structure parking spaces for tenants
- On‑site management with 24/7 building access
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.02 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 48124, MI
34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value
Market
Lease Benchmarks for Dearborn, MI
$15.26 /SF/Yr
Avg Asking Price
$12–$19 /SF/Yr
Price Range
120,230 SF
Avg Space Size
This space is priced 32% above the average of $15.26 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Twelve-story office building offering on-site management, 24/7 access, and parking for office tenants.
Where is this office building located?
The property is located at 23400 Michigan Ave Dearborn, MI.
What is the lease rate?
The lease rate is $1,200 /Mo.
What are key features of this property?
This property features: 285,468 SF, 12‑story full‑service office building on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, MI; 1,800 surface and structure parking spaces for tenants; On‑site management with 24/7 building access
