Dearborn Office Space

Dearborn

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,070
As of: July 21, 2017

Dearborn Rates

On average, listings lease in the $10's per square foot per year. The Dearborn region is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 25% rise in rent.

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

Dearborn Listing Supply

In the last 90 days, 19 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 89% of the available leases in the Dearborn are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,070 sqft. Most properties in this market are approximately 1 stories. 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 region. Most of the folk 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