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Retail Suite in Strip Center
New
For Lease
$2,500/Mo NNN

27700 Joy Rd, Livonia, MI 48150

A former event venue is identified for conversion to office or retail use.

Space Size2,700 SF
Days on Market1

Property Features for 27700 Joy Rd

General Information

Standard status Active
Size 2,700 SF
Net Rentable 2,700 SF
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 2,700 SF
Contiguous Space 2,700 SF

Building Details

Building Size 2,700 SF
Year Built 1967
Tenancy Multi
Listing Agency: Century 21 Curran & Oberski
Listed By: Bill M Darwich · License #6501368264
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:04PM

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 Century 21 Curran & Oberski

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Investment Insights

Based on property information with market context.

This 2,700-square-foot retail suite occupies part of a three-unit center built in 1967. The space was previously used for events, with potential conversion to medical, professional office, or retail use. The lease is structured as NNN.

The property is on Joy Road near Inkster Road, close to shopping and restaurants. Parking is available at the front and behind the building.

Key Highlights

  • 2,700‑square‑foot suite within a three‑unit retail center
  • Former event space identified for office or retail conversion
  • NNN lease structure

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Skin Care Clinic Gym & Fitness Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
17,945 visits/mo 0.3 miles
Dollar General Shops & Services
5,689 visits/mo 0.4 miles
Mobil Shops & Services
3,950 visits/mo 0.3 miles
Citgo Shops & Services
2,009 visits/mo 0.4 miles

Demographics for 48150, MI

26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value

Market

Lease Benchmarks for Livonia, MI

$16.21 /SF/Yr
Avg Asking Price
$10–$29 /SF/Yr
Price Range
17,346 SF
Avg Space Size

This space is priced 31% below the average of $16.21 /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

Frequently Asked Questions

What type of property is this?
Retail space - A former event venue is identified for conversion to office or retail use.
Where is this retail space located?
The property is located at 27700 Joy Rd Livonia, MI.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2,700‑square‑foot suite within a three‑unit retail center; Former event space identified for office or retail conversion; NNN lease structure
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