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Westborn Mall 23001-23303 Michigan Ave 2,543 - 8,743 SF of Retail Space Available in Dearborn, MI 48124
HIGHLIGHTS
- Close To Downtown
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,200 SF | 5-10 Years | $25.02 CAD/SF/YR $2.08 CAD/SF/MO $155,123 CAD/YR $12,927 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 2,543 SF | Negotiable | $25.02 CAD/SF/YR $2.08 CAD/SF/MO $63,625 CAD/YR $5,302 CAD/MO | Triple Net (NNN) |
23001-23303 Michigan Ave - 1st Floor
Westborn Mall has nearly 184,000 SF of retail space. It is located on the west side of Dearborn, just a short distance from Downtown, Henry Ford College, U of M Dearborn, The Henry Ford Museum, Greenfield Village, and Ford Headquarters.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
23001-23303 Michigan Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
TENANTS AT WESTBORN MALL
- Kroger
- Marshalls
- Staples
- Five Below
- Dollar Tree
PROPERTY FACTS
| Total Space Available | 8,743 SF | Frontage | 1,245’ on Michigan Ave |
| Center Type | Community Center | Gross Leasable Area | 183,678 SF |
| Parking | 993 Spaces | Total Land Area | 18.00 AC |
| Stores | 11 | Year Built | 1959 |
| Center Properties | 1 |
| Total Space Available | 8,743 SF |
| Center Type | Community Center |
| Parking | 993 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | 1,245’ on Michigan Ave |
| Gross Leasable Area | 183,678 SF |
| Total Land Area | 18.00 AC |
| Year Built | 1959 |
ABOUT THE PROPERTY
Westborn Mall has nearly 184,000 SF of retail space. It is located on the west side of Dearborn, just a short distance from Henry Ford College, U of M Dearborn, The Henry Ford Museum, Greenfield Village, and Ford Headquarters.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
ABOUT THE OWNER
OTHER PROPERTIES IN THE PETZOLD ENTERPRISES, INC. PORTFOLIO
Presented by
Petzold Enterprises Inc
Westborn Mall | 23001-23303 Michigan Ave
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