Full-Service Office Building with
For Lease
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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
(313) 478-5400
Listed By:
Frank Rakipi
(313) 478-5400
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.
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
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
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
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
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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