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Automotive Facility
New
For Lease
$23,093

15201 Mercantile Dr Unit 700, Dearborn, MI 48120

The property is offered for lease to businesses in the automotive sector.

Space SizeContact for details
Property Size27,711 SF
Days on Market4

Property Features for 15201 Mercantile Dr Unit 700

General Information

Standard status Active
Size 27,711 SF

Additional Details

Space Use Automotive

Building Details

Year Built 1986
Building Size 27,711 SF
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #403947
Source: Premiermichiganhomesearch
Added: Oct 7 Last Checked: Oct 7 at 1:57PM

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 automotive facility contains 27,711 square feet and was constructed in 1986. The property is available for lease at 15201 Mercantile Dr, Unit 700, in Dearborn, Michigan.

Key Highlights

  • 27,711‑square‑foot automotive facility
  • Built in 1986
  • Located at 15201 Mercantile Dr, Unit 700, Dearborn, MI 48120

Property Analytics

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Current Use

Continental Automotive Systems Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Storage Facility Hair Salon

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

710
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 54% Shops & Services 29% Dining 16% Electronics 1%
Kroger Groceries
69,327 visits/mo 0.5 miles
7-Eleven Shops & Services
15,304 visits/mo 0.3 miles
The UPS Store Shops & Services
14,386 visits/mo 0.3 miles
Tim Hortons Dining
8,828 visits/mo 0.1 miles
Wendy's Dining
8,807 visits/mo 0.1 miles

Demographics for 48120, MI

8,338
Population
2,910
Households
2.9
Avg Household Size
29
Median Age
37%
College-Educated
76%
High-School Grad
4.7 sq mi
ZIP Area
1,774
Density / Sq Mi
$66,667
Median Household Income
$48,170
Median Earnings
$1,407
Median Rent
$236,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Priceless — 14651 michigan ave, dearborn, mi 48126
  • U-Haul Neighborhood Dealer — 14765 Michigan Ave, Dearborn, MI 48126

Frequently Asked Questions

What type of property is this?
Automotive property - The property is offered for lease to businesses in the automotive sector.
Where is this automotive property located?
The property is located at 15201 Mercantile Dr Unit 700 Dearborn, MI.
What is the lease rate?
The lease rate is $23,093.
What are key features of this property?
This property features: 27,711‑square‑foot automotive facility; Built in 1986; Located at 15201 Mercantile Dr, Unit 700, Dearborn, MI 48120
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