Livonia, Michigan, a city located about 20 miles northwest of downtown Detroit, offers a unique blend of amenities, infrastructure, and location that makes it an attractive destination for businesses looking to lease office space. With a diverse demographic makeup, including Palestinian and Lebanese immigrants who have contributed to the local economy through small- and medium-sized businesses, Livonia provides a rich cultural landscape. The city is home to major employers like Ford Motor Company and Trinity Health, and boasts educational institutions like Livonia Public Schools, private schools, and colleges such as Madonna University and Schoolcraft College. Additionally, Livonia has cultural amenities like the Livonia Public Library, making it a great place for business and travel.
With 70 office spaces for lease available, Livonia offers a range of options for businesses looking to establish a presence in the area. Office spaces in Livonia are surrounded by a diverse range of amenities, including coworking spaces, flex spaces, medical offices, and retail spaces. For example, coworking spaces like WeWork and Regus offer flexible work arrangements, while flex spaces like Industrious and Spaces provide a unique blend of office and industrial space. Medical offices like St. Mary Mercy Hospital and retail spaces like the Livonia Marketplace offer a range of services and amenities. With average annual rent per square foot at $17 USD and average space size at 7,914 square feet, office spaces in Livonia are a great investment opportunity. Whether you're looking to establish a new business or expand an existing one, Livonia has something to offer.
What is the average size of office space for lease in the Livonia market?
The average size of office space for lease in the Livonia market is approximately 7,914 square feet, with a total of 70 available listings, and an average annual rent of $17 USD per square foot, making it an attractive option for businesses looking to establish a presence in this city of around 100,000 residents, with access to major employers like Ford Motor Company and Trinity Health, and amenities like the Livonia Public Library and Schoolcraft College.
Are there different types of office space leases available?
In Livonia, Michigan, there are various types of office space leases available to cater to different business needs, with 70 available listings to choose from.
- Full-service leases, which typically include utilities, maintenance, and amenities, are ideal for businesses seeking a hassle-free experience, with an average annual rent of $17 USD per square foot.
- Modified gross leases, which split operating expenses between the landlord and tenant, offer a balance of flexibility and cost control, with average office spaces ranging from 7,914 square feet to 100,537 square feet.
- Triple net leases, where tenants pay for all operating expenses, are suitable for businesses seeking maximum control over their office space, with options available in Livonia's diverse neighborhoods, such as Elmwood and Giltedge.
