Dearborn Sublease

Dearborn

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,110
As of: May 29, 2017

Dearborn Rates

Most listings are in the $10's per square foot per year. The Dearborn submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.

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

Dearborn Listing Supply

In the last 90 days, 19 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Dearborn are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,110 sqft. Most buildings in this area 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