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29473 Seven Mile Rd W

Livonia, MI
Floors
1
Total Size
55,950 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 29473 Seven Mile Rd W

Bruce A. Morrison and Signature Associates, A Cushman & Wakefield Alliance Member are pleased to present a 55,950 sq. ft. retail center for sale. 8 tenant suits. 75% leased. Tenants include: Planet Fitness, Family Dollar, and Pet Supplies Plus. 8.85% cap rate on existing NOI with 13,910 sq. ft. vacant as upside. - Number of buildings: 1 - Tenancy: Multiple Tenants

Internet Providers for 29473 Seven Mile Rd W

Provider Technology Max Download Speed Max Upload Speed
Bright House Networks Cable
100 Mb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The City: Livonia

The typical asking rate per listing is 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 decreased $2 per sqft per year. That's a 10% decline in rent.

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

Median Rate Median Size
Livonia $23
/sqft/yr
3,662
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,528
sqft

Median Rate over Time in Livonia