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Medical Office Suite
For Lease
$3,500/Mo

150-22720 Michigan Ave, Dearborn, MI 48124

Currently operating as a physical therapy clinic, with an adjacent suite available for expanded medical office space.

Space Size3,500 SF
Days on Market17

Property Features for 150-22720 Michigan Ave

General Information

Standard status Active
Size 3,500 SF

Space & Availability

Contiguous Space 3,500 SF
Divisible Yes
Space Use Medical Office
Condition Turnkey
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #6501403947
Source: Exprealty
Added: Jul 31 Changed: Aug 14 Last Checked: Aug 16 at 10:32AM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This 1,500-square-foot medical office suite is currently operating as a physical therapy clinic and is available for lease. The space may be leased individually or combined with adjacent Suite #100, creating up to 3,500 square feet of available office space.

The property is located at 150-22720 Michigan Ave in Downtown West Dearborn, within a medical office setting. The existing physical therapy use provides a direct healthcare-oriented context for prospective medical office users.

Key Highlights

  • 1,500 SF medical office suite
  • Currently operating as a physical therapy clinic
  • Available individually or with adjacent Suite #100

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
Well-served
Demand for This Use

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

$18.8 /SF/Yr
Avg Asking Price
$11.25–$29.33 /SF/Yr
Price Range
6,308 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Currently operating as a physical therapy clinic, with an adjacent suite available for expanded medical office space.
Where is this medical office space located?
The property is located at 150-22720 Michigan Ave Dearborn, MI.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,500 SF medical office suite; Currently operating as a physical therapy clinic; Available individually or with adjacent Suite #100
More about this property
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