Most listings are in the $20's per square foot per year. The Livonia submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metro Detroit market, the Livonia region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 40 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Livonia are subleases, so you will probably have to consider a longer term lease. 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 2,610 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 1978 and are Class B.