Updated Retail Space on
For Lease
$4,235/Mo
16771 MIDDLEBELT Rd, Livonia, MI 48154
Updated 2,700 SF retail space with signage available for rent.
Space SizeContact for details
Property Size2,700 SF
Lot Size0.29 Acres
Days on Market164
Property Features for 16771 MIDDLEBELT Rd
General Information
Standard status
Active
Size
2,700 SF
Lot size
0.29 Acres
Property subtype
Commercial
Building Details
Building Size
2,700 SF
Year Built
1965
Listing Agency:
Van Esley Real Estate Inc
(734) 459-7570
Listed By:
David D Misko · License #6501351778
(734) 459-7570
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 20 at 11:17AM
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 Van Esley Real Estate Inc
Investment Insights
Based on property information with market context.
This 2,700 square foot retail unit offers an open layout suitable for various business needs. The property benefits from signage opportunities on Middlebelt Road. Recent updates include a new HVAC system, a new tankless hot water heater, and new LED lighting installed throughout the space. The unit also features new windows and a high, open metal ceiling reaching 14 feet 6 inches. Additional improvements have been made to the roof and the building's facade, along with updates to the parking lot and the addition of two new bathrooms. An adjacent 2,400 square foot unit is available and can be easily connected to provide additional space if needed. The current zoning is C-1. All information is approximate and should be verified.
Key Highlights
- High visibility signage on busy Middlebelt Road.
- Completely updated with new HVAC, tankless HWH, LED lighting, windows, roof, facia, and parking lot.
- Two new bathrooms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 59%
Dining 22%
Electronics 11%
Shops & Services 7%
Gordon Food Service
Groceries
20,193 visits/mo
0.2 miles
Tim Hortons
Dining
6,255 visits/mo
0.1 miles
T-Mobile
Electronics
3,716 visits/mo
0.1 miles
BP
Shops & Services
2,527 visits/mo
0.2 miles
Domino's Pizza
Dining
1,255 visits/mo
0.4 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
$16.17 /SF/Yr
Avg Asking Price
$10.91–$29 /SF/Yr
Price Range
8,399 SF
Avg Space Size
This space is priced 16% above the average of $16.17 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Updated 2,700 SF retail space with signage available for rent.
Where is this retail space located?
The property is located at 16771 MIDDLEBELT Rd Livonia, MI.
What is the lease rate?
The lease rate is $4,235/Mo.
What are key features of this property?
This property features: High visibility signage on busy Middlebelt Road.; Completely updated with new HVAC, tankless HWH, LED lighting, windows, roof, facia, and parking lot.; Two new bathrooms.
