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Office Building with Divisible Space
For Lease
$20,500

15301 Mercantile Drive #800, Dearborn, MI 48120

Commercial-zoned office space includes a kitchen and can be configured for different space requirements.

Space Size24,600 SF
Days on Market52

Property Features for 15301 Mercantile Drive #800

General Information

Standard status Active
Size 24,600 SF
Zoning Commercial

Space & Availability

Contiguous Space 24,600 SF
Divisible Yes
Space Use Office
Sublease No

Site & Location

Neighborhood Springwells

Amenities

kitchen

Building Details

Building Size 24,600 SF
Year Built 1985
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #403947
Source: Carterassociatesrealty
Added: Sep 14 Changed: Nov 3 Last Checked: Nov 3 at 2:52PM

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

Rey
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Investment Insights

Based on property information with market context.

Office space is available in a 24,600-square-foot building constructed in 1985. The existing layout includes a kitchen, and the space can be divided into smaller configurations. The roof and mechanical systems are reported to be in good condition.

The property is zoned Commercial and is offered for lease. A sale may also be considered.

Key Highlights

  • Up to 24,600 SF of office space available
  • Space can be divided into smaller configurations
  • Existing office layout includes a kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

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

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

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
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Market

Lease Benchmarks for Dearborn, MI

$15.36 /SF/Yr
Avg Asking Price
$12–$19 /SF/Yr
Price Range
37,877 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

Frequently Asked Questions

What type of property is this?
Office building - Commercial-zoned office space includes a kitchen and can be configured for different space requirements.
Where is this office building located?
The property is located at 15301 Mercantile Drive #800 Dearborn, MI.
What is the lease rate?
The lease rate is $20,500.
What are key features of this property?
This property features: Up to 24,600 SF of office space available; Space can be divided into smaller configurations; Existing office layout includes a kitchen
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