Dearborn Office Space

Dearborn

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,060
As of: August 17, 2017

Dearborn Rates

The typical asking rate per listing is in the $10's per square foot per year. The Dearborn region is going through a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Metro Detroit market, the Dearborn region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Dearborn Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available leases in the Dearborn are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1984 and are Class B.

Dearborn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Dearborn work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Dearborn.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Dearborn.
Research