Full-Service Office
For Lease
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23400 Michigan Ave, Dearborn, MI 48124
Twelve-story, full-service office building offering on-site management, parking, and 24/7 access at a major Dearborn intersection.
Space Size472 SF
Days on Market1375
Property Features for 23400 Michigan Ave
General Information
Standard status
Active
Size
472 SF
Property subtype
OFFICE
Lease Type
Gross
Spaces For Lease
at 23400 Michigan Ave Contact us- Floor
- 2
- Size
- 472 SF
- Type
- OFFICE
- Lease Type
- GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
Village Plaza $724/Mo
- Village plaza is a prominent twelve story office building located at one of west...
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Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Frank Rakipi
(313) 478-5400
Source:
Moodyscre
Added: Dec 16, 2022
Changed: Sep 11
Last Checked: Sep 20 at 12:28PM
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, full-service office building offering on-site management, structured and surface parking, and 24/7 building access. The building is designed to support daily tenant operations with a full-service approach and dedicated parking capacity.
It is located on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, Michigan, positioned near University of Michigan–Dearborn, Oakwood Hospital, and Ford Motor Company World Headquarters. Easy freeway access and proximity to Detroit Metropolitan Airport support convenient commuting and business travel.
The property features 1,800 total surface and structure parking spaces and lists current tenants including FedEx Office, H&R Block, and U1 Cafe.
It is located on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, Michigan, positioned near University of Michigan–Dearborn, Oakwood Hospital, and Ford Motor Company World Headquarters. Easy freeway access and proximity to Detroit Metropolitan Airport support convenient commuting and business travel.
The property features 1,800 total surface and structure parking spaces and lists current tenants including FedEx Office, H&R Block, and U1 Cafe.
Key Highlights
- 12‑story full‑service office building with 285,468 SF and on‑site management
- 1,800 surface and structure parking spaces on‑site
- 24/7 building access with full‑service operations
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.76 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,007
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
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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
39,352 SF
Avg Space Size
This space is priced 20% above the average of $15.36 /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, full-service office building offering on-site management, parking, and 24/7 access at a major Dearborn intersection.
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 $724/Mo.
What are key features of this property?
This property features: 12‑story full‑service office building with 285,468 SF and on‑site management; 1,800 surface and structure parking spaces on‑site; 24/7 building access with full‑service operations
