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High-Visibility Retail Space
For Lease
$14 SF/Yr

37609-37685 5 Mile Rd, Livonia, MI 48154

Retail lease offering high visibility and ample parking with a versatile layout for a variety of business uses.

Space Size2,000 SF - 3,000 SF
Property Size79,545 SF
Days on Market121

Property Features for 37609-37685 5 Mile Rd

General Information

Standard status Active
Size 2,000 SF - 3,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 79,545 SF

Spaces For Lease

at 37609-37685 5 Mile Rd Contact us

Former Dry Cleaner

Size
2,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

STE 110 $14/SF/Yr

Size
3,000 SF
Term
Negotiable
Contact us
Listing Agency: Keystone Commercial Real Estate
Listed By: Kathleen Garmo · License #6501415998
Source: Keystonecres
Added: May 7 Changed: Aug 25 Last Checked: Sep 4 at 4:06AM

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 Keystone Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail lease opportunity at 37609–37685 5 Mile Rd in Livonia, MI offers a versatile layout and modern amenities designed to support a range of business operations. The space is presented with ample square footage and adaptable configuration options to fit different day-to-day needs.

The property is positioned for convenient accessibility and is described as having high visibility. Parking is available for both tenants and visitors, supporting an easy arrival experience for customers.

Professional property management is in place, and the overall setting is characterized as a thriving commercial atmosphere, providing a strong day-to-day environment for retail-oriented tenants.

Key Highlights

  • Retail lease at 37609‑37685 5 Mile Rd, Livonia, MI
  • High‑visibility location with convenient accessibility
  • Versatile layout options for a variety of business operations

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Building Supply Nail Salon Parking Lot & Garage

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 34% Electronics 2%
Dollar Tree Shops & Services
13,787 visits/mo 0.1 miles
Tim Hortons Dining
11,990 visits/mo 0.1 miles
Shell Shops & Services
8,360 visits/mo 0.1 miles
The UPS Store Shops & Services
6,777 visits/mo 0.1 miles
China Inn Dining
4,081 visits/mo 0.1 miles

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

$16.87 /SF/Yr
Avg Asking Price
$10–$29 /SF/Yr
Price Range
15,649 SF
Avg Space Size

This space is priced 17% below the average of $16.87 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail lease offering high visibility and ample parking with a versatile layout for a variety of business uses.
Where is this retail space located?
The property is located at 37609-37685 5 Mile Rd Livonia, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Retail lease at 37609‑37685 5 Mile Rd, Livonia, MI; High‑visibility location with convenient accessibility; Versatile layout options for a variety of business operations
More about this property
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