On average, listings lease in the $20's per square foot per year. The Livonia submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Metro Detroit market, the Livonia submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 46 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,900 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1978 and are Class B.