Livonia Sublease

Livonia

Office Space Market Report

Number of Listings (last 90 days)
64
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,662
As of: December 8, 2016

Livonia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Livonia region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Metro Detroit market, the Livonia submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Livonia Listing Supply

In the last 90 days, 60 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,300 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 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