12743 Merriman Road Listing Details & Market Data

12743 Merriman Road, Livonia, MI 48150

Off-Market

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  • Property Type Industrial - Manufacturing
  • Property Size 37,703 SF
  • Lot Size 1.72 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1987

Location

  • City Livonia, MI
  • Neighborhood Devonaire
  • Zip Code 48150
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 06 May, 1996
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Livonia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Livonia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.33
  • 2020 Office Vacancy Rate 19.58%
  • 2020 Office Completions (SF)

Tax

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