15021 Commerce Drive South is a mixed-use property for lease in Dearborn, MI.
Friedman is pleased to present for sale a ± 203,306 SF office/flex portfolio – the Ford Motor Office Portfolio located in the City of Dearborn, Wayne County, Michigan.
The portfolio is being sold As Is/Where Is through Auction.com on June 13, 2012, price to be determined the market.
The portfolio is comprised of three (3) office buildings and one (1) research & development building:
> 15021 Commerce Drive South – Office, ± 53,000 SF
> 15031 Commerce Drive South – Office, ± 37,000 SF
> 15203 Commerce Drive South – Flex/R&D, ± 53,906 SF
> 14555 Rotunda Court – Office, ± 59,400 SF
The single-story, single-tenant buildings sit on three (3) separate parcels; two (2) of the buildings (15021 & 15031) share a single parcel and are connected by a glass walkway.
The parcels are situated within two distinct yet adjacent office parks, Schaefer Court and Commerce Park South, in a strong Dearborn office submarket, ideally positioned minutes from Interstate 94 and Ford Motor Company’s Global Headquarters, and within a 10-minute drive of the Detroit CBD and Detroit Metropolitan Airport.
All four buildings are leased to Ford Motor Company through 2016. While Ford does not occupy a majority of the space, the leases are guaranteed by Ford and there are no opt-out clauses. 14555 Rotunda Court is currently subleased, and Ford is marketing the remaining 123,906 SF for sublease.
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- Nicole Hubert, agent and Rofo Pro