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Office Building with Elevator
For Lease
$9,000/Mo

5401 SCHAEFER Rd, Dearborn, MI 48126

Well-maintained office building on Schaefer Road with strong visibility, ample parking, and updated roof and HVAC.

Space SizeContact for details
Days on Market52

Property Features for 5401 SCHAEFER Rd

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 1
Listing Agency: RE/MAX Team 2000
Listed By: Michael Beydoun · License #6501354088
Source: Elliman
Added: Jun 20 Changed: Jul 10 Last Checked: Aug 9 at 9:29AM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

This well-maintained office building offers over 9,000 square feet of space with an elevator for convenient access between levels. The property includes additional finished basement area and partial second-floor space that features a large apartment unit. Building improvements noted include a newer roof and updated heating and cooling units, supporting a functional day-to-day environment for a range of tenants and uses.

Located on heavily traveled Schaefer Road, the building is positioned for visibility and signage. Onsite parking is available, and the lease also includes an additional parking lot, providing extra space for employees, customers, or visitors.

The configuration and included amenities make the property practical for tenants seeking a multi-use facility with reliable building systems. With elevator service, ample parking, and both basement finish and partial second-floor living space, the space can accommodate a variety of office and specialty requirements while keeping day-to-day operations straightforward.

Key Highlights

  • Over 9,000 SF office building on heavily traveled Schaefer Road
  • Strong visibility with signage on Schaefer Road
  • Ample onsite parking, with additional parking lot included in the lease

Property Analytics

Current Use

United Driving School Training Center Alpha Technical Institute Training Center

Suggested Use

Top Pick Plumbing Service Garden Center Veterinary Clinic Electrical Service Storage Facility Catering Service

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

1
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 48126, MI

55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
Median Home Value

Market

Lease Benchmarks for Dearborn, MI

$15.29 /SF/Yr
Avg Asking Price
$12–$19 /SF/Yr
Price Range
53,644 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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building on Schaefer Road with strong visibility, ample parking, and updated roof and HVAC.
Where is this office building located?
The property is located at 5401 SCHAEFER Rd Dearborn, MI.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: Over 9,000 SF office building on heavily traveled Schaefer Road; Strong visibility with signage on Schaefer Road; Ample onsite parking, with additional parking lot included in the lease
More about this property
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