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Medical/Professional Suite in Livonia, MI
For Lease
$1,161/Mo

16989 Farmington Rd, Livonia, MI 48154

Centrally located medical/professional suite with ample parking and freeway access.

Space SizeContact for details
Property Size774 SF
Days on Market138

Property Features for 16989 Farmington Rd

General Information

Standard status Active
Size 774 SF
Property subtype Commercial

Building Details

Building Size 774 SF
Year Built 1965
Listing Agency: RE/MAX Team 2000
Listed By: Michael Beydoun · License #6501354088
Source: Elliman
Added: Apr 15 Changed: Aug 23 Last Checked: Aug 29 at 1:55PM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

This 774 square foot medical/professional suite is available for rent in Livonia, Michigan. The property is centrally located and features ample parking and easy freeway access. It is suitable for medical or professional office users seeking a convenient and accessible location. The location has a walk score of 39, indicating that it is car-dependent, and a bike score of 38, indicating that it is somewhat bikeable.

Key Highlights

  • Centrally located in Livonia, MI
  • Ample parking available for tenants and visitors
  • Easy freeway access for convenient commuting

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

347
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

$16.86 /SF/Yr
Avg Asking Price
$7.95–$20 /SF/Yr
Price Range
6,315 SF
Avg Space Size

This space is priced 7% above the average of $16.86 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Centrally located medical/professional suite with ample parking and freeway access.
Where is this medical office space located?
The property is located at 16989 Farmington Rd Livonia, MI.
What is the lease rate?
The lease rate is $1,161/Mo.
What are key features of this property?
This property features: Centrally located in Livonia, MI; Ample parking available for tenants and visitors; Easy freeway access for convenient commuting
More about this property
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