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15701 Market Dr 73,400 SF of Retail Space Available in Dearborn, MI 48126
Sublease Highlights
- Located on a heavily trafficked Ford Road retail corridor.
- Durable brick construction providing lasting quality.
- Surrounded by major national retailers.
- Two-story structure combining showroom and warehouse functions.
- Eight dock-high loading doors enhance operational efficiency.
- Ample on-site parking for customers and staff.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 73,400 SF | Feb 2030 | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Approximately four years remain on the triple-net lease with the current tenant. The lease includes annual rent escalations and carries minimal landlord responsibilities, as the tenant assumes nearly all operating expenses, including roof and building maintenance. The agreement is set to expire on February 28, 2030, providing stable income during the remaining term.
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Four years lease term remaining
- Tenant covers operating expenses
- Annual rental increases included
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 15701 Market Dr, Dearborn, MI 48126
- Tenant
- Description
- US Locations
- Reach
- Ashley
- Furniture/Mattress
- 988
- International
| Tenant | Description | US Locations | Reach |
| Ashley | Furniture/Mattress | 988 | International |
Property Facts
| Total Space Available | 73,400 SF | Gross Leasable Area | 73,400 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 3.46/1,000 SF |
| Total Space Available | 73,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 73,400 SF |
| Year Built | 1997 |
| Parking Ratio | 3.46/1,000 SF |
About the Property
This freestanding retail property offers a well-maintained structure within a dynamic commercial corridor in Dearborn, Michigan. Designed for operational efficiency, the building combines an expansive showroom with an integrated warehouse, making it highly adaptable for large-scale retail operations. The property features a premium brick-and-mortar façade and boasts multiple loading doors from the warehouse side, ensuring seamless inventory movement and customer convenience. Set on a generous parcel with ample parking, the site is positioned along one of Dearborn’s most heavily traveled retail corridors, benefiting from strong visibility and significant daily vehicle counts. Constructed in 1997 with enduring quality, the property provides a functional, two-story layout that supports flexible merchandising and storage needs. The surrounding area is dense with national retailers, enhancing consumer draw and reinforcing the location’s retail synergy. This property represents a robust physical asset in a thriving trade area with enduring market appeal.
- Signage
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
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15701 Market Dr
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