Downtown South Lyon Retail

Downtown South Lyon

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Downtown South Lyon Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown South Lyon submarket is going through a a boost in rates. In the last 3 months, the median rate rose $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 submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Downtown South Lyon Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 properties in this region are approximately 2 floors. Most buildings in this region 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 region. Commute by car is the most popular way to get to work amongst Downtown South Lyon residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown South Lyon.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown South Lyon.

South Lyon Submarkets