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Medical Office Space in Dearborn
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22731 Newman St, Dearborn, MI 48124

Medical office building in Downtown West Dearborn available for rent.

Space Size459 SF - 1,582 SF
Property Size48,000 SF
Days on Market2929

Property Features for 22731 Newman St

General Information

Standard status Active
Size 459 SF - 1,582 SF
Class B
Total Parking Spaces 3
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 48,000 SF
Year Built 1984
Tenancy Multiple

Spaces For Lease

at 22731 Newman St Contact us

Suite 215

Size
1,582 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 235

Size
459 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: L. Mason Capitani
Listed By: Aaron Smith · License #MI 6501377543
Source: Crexi
Added: Aug 16, 2018 Changed: Aug 14 Last Checked: Aug 22 at 7:43AM

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 L. Mason Capitani

Investment Insights

Based on property information with market context.

This medical office building is situated in Downtown West Dearborn. The interior suites are finished to suit. The building benefits from first-class management and an excellent referral base.

Key Highlights

  • Prime location in Downtown West Dearborn
  • Medical office building
  • Interior suites finished to suit

Property Analytics

Current Use

Endodontics, PC Dental Office Ariel Waitzman, MD ... Physician Gibbs Patricia L ... Physician Oakland Regional Center ... Medical Clinic Children's Eye Care Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Electrical Service Garden Center

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,642
Businesses Nearby
Under-served
Demand for This Use

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

$19.02 /SF/Yr
Avg Asking Price
$12–$25.2 /SF/Yr
Price Range
6,496 SF
Avg Space Size

This space is priced 21% above the average of $19.02 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building in Downtown West Dearborn available for rent.
Where is this medical office space located?
The property is located at 22731 Newman St Dearborn, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Prime location in Downtown West Dearborn; Medical office building; Interior suites finished to suit
(248) 637-3515 Call to check price and availability
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