South Lyon Retail

South Lyon

Office Space Market Report

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

South Lyon Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Lyon region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.

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

South Lyon Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, 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 buildings in this area are close to 2 floors. Most buildings in this market were built in 1978 and are Class B.

South Lyon Community

South Lyon Submarkets