Livonia Industrial

Livonia

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,680
As of: August 21, 2017

Livonia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Livonia region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the Metro Detroit market, the Livonia submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Livonia Listing Supply

In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 50% of the available space in the Livonia are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,680 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1978 and are Class B.

Livonia Community

Market Report

Trends and status of the commercial real estate market in Livonia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Livonia.
Research

Livonia Submarkets