Downtown South Lyon Office Space

Downtown South Lyon

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown South Lyon Rates

Most listings are in the $10's per square foot per year. The Downtown South Lyon region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Metro Detroit market, the Downtown South Lyon region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown South Lyon Listing Supply

In the last 90 days, 1 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,100 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1986 and are Class B.

Downtown South Lyon Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown South Lyon folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

South Lyon Submarkets