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Renovated Office/Medical Building Available
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16801 Newburgh Rd, Livonia, MI 48154

Renovated office/medical building with private entrances and direct HVAC control.

Space Size2,021 SF
Property Size14,874 SF
Days on Market609

Property Features for 16801 Newburgh Rd

General Information

Standard status Active
Size 2,021 SF
Class B
Total Parking Spaces 4
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 14,874 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 16801 Newburgh Rd Contact us

Suite 105

Size
2,021 SF
Type
Office
Availability
Active
Contact us
Listing Agency: L. Mason Capitani
Listed By: Aaron Smith · License #MI 6501377543
Source: Crexi
Added: Dec 21, 2024 Changed: Aug 8 Last Checked: Aug 20 at 12:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Mason Capitani

Investment Insights

Based on property information with market context.

This is a renovated office/medical building featuring private suite entrances and direct control over heating and cooling. The property is suitable for medical office space and general office use.

Key Highlights

  • Renovated office/medical building
  • Private suite entrances
  • Direct control over heating and cooling

Property Analytics

Current Use

Beth Bunn, LCSW, ... Medical Clinic Knepp & Associates Tax ... Tax Preparation Health Restoration Center Alternative Medicine Practice Christopher Place Senior ... Retirement Community Dearborn Hearing (The Hearing ... Physician

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
Median Home Value

Market

Lease Benchmarks for Livonia, MI

$17.72 /SF/Yr
Avg Asking Price
$7.95–$26 /SF/Yr
Price Range
6,074 SF
Avg Space Size

This space is priced 1% below the average of $17.72 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated office/medical building with private entrances and direct HVAC control.
Where is this medical office space located?
The property is located at 16801 Newburgh Rd Livonia, MI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Renovated office/medical building; Private suite entrances; Direct control over heating and cooling
(248) 637-3515 Call to check price and availability
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