Livonia Industrial

Livonia

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,600
As of: June 26, 2017

Livonia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Livonia region is experiencing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Metro Detroit market, the Livonia submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Livonia Listing Supply

In the last 90 days, 46 listings have been posted online, so you'll want to check back regularly for new listings. About 120% of the available leases 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market 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