Search
Full-Service Office Building with Parking
For Lease
Contact for pricing

23400 Michigan Ave, Dearborn, MI 48124

Full-service office building with on-site management, 24/7 access, and substantial surface and structure parking.

Property Size413 SF
Days on Market1324

Property Features for 23400 Michigan Ave

General Information

Standard status Active
Size 413 SF
Total Parking Spaces 1800
Property subtype OFFICE
Lease Type SF/mo

Additional Details

Highway Access Yes

Amenities

on-site management
structured parking
24/7 building access

Building Details

Stories 12
Building Size 285,468 SF
Listing Agency: Thomas A. Duke Company
Listed By: Frank Rakipi
Source: Moodyscre
Added: Dec 16, 2022 Changed: Jul 30 Last Checked: Aug 1 at 1:47PM

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, structure and surface parking, and 24/7 building access. The building totals 285,468 SF and includes 1,800 surface and structure parking spaces to support daily tenant activity and visitor needs.

Village Plaza is located on the northwest corner of Michigan Avenue and Outer Drive in Dearborn, Michigan, with easy freeway access. It is positioned near the University of Michigan-Dearborn, Oakwood Hospital, and Ford Motor Company World Headquarters, and is twelve minutes from Detroit Metropolitan Airport.

Tenants include FedEx Office, H&R Block, and U1 Cafe.

Key Highlights

  • Twelve‑story full‑service office building totaling 285,468 SF
  • On‑site management with 24/7 building access
  • 1,800 surface and structure parking spaces

Property Analytics

Current Use

Veldas Silver Thimble (Bike/Boat/Book/etc) Store Rao Jehangir N ... Physician Fryzel Kelly M Physician Oakwood Healthcare Physician American Red Cross ... Volunteer Organization

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Hair Salon Spa & Massage Center Kitchen & Bath Showroom

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Full-service office building with on-site management, 24/7 access, and substantial surface and structure parking.
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 $695 /Mo.
What are key features of this property?
This property features: Twelve‑story full‑service office building totaling 285,468 SF; On‑site management with 24/7 building access; 1,800 surface and structure parking spaces
(313) 478-5400 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message