Livonia, Michigan, a city located about 20 miles northwest of downtown Detroit, offers a unique blend of amenities, infrastructure, and geography that makes it an attractive location for businesses and travelers alike. With a diverse demographic makeup, including Palestinian and Lebanese immigrants, Livonia has a thriving economy driven by small- and medium-sized businesses. The city is also home to major employers like Ford Motor Company and Trinity Health, as well as educational institutions like Livonia Public Schools, Madonna University, and Schoolcraft College. As a result, Commercial Real Estate Properties for Lease in Livonia are a great investment opportunity, offering access to a skilled workforce, cultural amenities like the Livonia Public Library, and a strong economy. With its convenient location and diverse range of industries, Livonia is an ideal place for businesses to thrive.
With 376 Commercial Real Estate Properties for Lease available in Livonia, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $17 USD, with options ranging from $1 USD to $96 USD per square foot. The average size of these properties is 14,771 square feet, with options ranging from 10 to 1,438,351 square feet. In addition to Commercial Real Estate, Livonia also offers Office Space, Coworking Space, Retail Space, and Industrial Space for Lease, each with its own unique characteristics and benefits. Office Space in Livonia is ideal for businesses that require a professional setting, while Coworking Space offers a collaborative and flexible work environment. Retail Space in Livonia is perfect for businesses that need to be close to customers, and Industrial Space is suitable for businesses that require large storage and production areas. With its diverse range of properties and strong economy, Livonia is an attractive location for businesses of all types.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Livonia, Michigan, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $17 USD per square foot, and average space size, which is approximately 14,771 square feet, to ensure you're getting a fair deal for your business needs.
- Proximity to major employers, such as Ford Motor Company and Trinity Health, as well as access to transportation services, including the Detroit Department of Transportation, to ensure easy commuting for employees and customers.
- The type of business you operate and the local zoning laws, as well as the availability of amenities, such as the Livonia Community Recreation Center and Hines Drive, which can impact the success of your business.
With 376 available listings of commercial real estate for lease in Livonia, it's essential to carefully consider these factors to find the perfect space for your business.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Livonia, it's essential to consider factors such as the size of the space, location, and amenities. With 376 available listings of commercial real estate for lease in Livonia, you'll want to narrow down your options by identifying your specific requirements.
- Assess your business needs: Determine how much space you need, considering factors such as employee count, equipment, and storage requirements. For reference, the average size of commercial properties for lease in Livonia is 14,771 square feet, with a maximum space size of 1,438,351 square feet.
- Consider the location: Look for properties located near major highways, public transportation, and amenities that cater to your business and employees. Livonia's infrastructure, including transportation services provided by the Detroit Department of Transportation, can impact the accessibility and convenience of your business.
- Evaluate the amenities: Think about the amenities your business requires, such as parking, loading docks, and office space. You'll also want to consider the average annual rent per square foot, which is $17 USD in Livonia, to ensure it fits within your budget.
