Office properties in Dearborn, Michigan, are a sought-after investment opportunity for those looking to capitalize on the city's rich history, diverse economy, and strategic location. As the hometown of the Ford Motor Company and its founder, Henry Ford, Dearborn has a strong foundation in the automotive industry, which has contributed to its growth and development over the years. Office properties in Dearborn can represent a range of investments, from traditional office spaces to research and development facilities, and even historic buildings with unique character. With its proximity to Detroit and access to major transportation infrastructure, Dearborn offers a prime location for businesses looking to establish a presence in the region. The city's amenities, including the University of Michigan-Dearborn, Henry Ford College, and the largest mosque in North America, make it an attractive location for businesses and individuals alike. Additionally, Dearborn's geography, with the Rouge River running through it and featuring an artificial waterfall constructed by Henry Ford, adds to its charm and appeal.
With 4 office properties for sale in Dearborn, investors have a range of options to choose from. Dearborn's office properties offer an average price per square foot of $203 USD and an average size of 38,600 square feet, making them an attractive option for businesses of all sizes. In addition to office properties, Dearborn also offers a range of other commercial properties, including commercial real estate, apartment buildings, shopping centers, and hotels. The city's commercial real estate market is driven by its strong economy, which is diversified across industries such as automotive, healthcare, education, and retail. Apartment buildings in Dearborn offer a range of options for residents, from luxury apartments to affordable housing. Shopping centers in the city provide a convenient location for retailers, with access to a large customer base. Hotels in Dearborn cater to the city's tourist industry, which is driven by attractions such as The Henry Ford and the Arab American National Museum. Overall, Dearborn's office properties and other commercial properties offer a range of investment opportunities for those looking to capitalize on the city's growth and development.
What is the average price per square foot for office properties in Dearborn?
The average price per square foot for office properties in Dearborn is $203 USD per square foot, with 4 available listings ranging in size from 38,600 square feet to 88,252 square feet, offering a diverse range of options for investors and businesses alike.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Dearborn, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional spaces with standard amenities, often located in decent areas, and are suitable for a wide range of tenants, providing a balance between quality and affordability.
- Class C office properties are usually older buildings with limited amenities, located in less desirable areas, and are often in need of renovation, making them more affordable but also presenting more risks.
