Mid-Five Center

Off-Market

29441 5 Mile Road, Livonia, MI 48154

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 84,000 SF
  • Lot Size 8.59 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1979

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Jan, 1987
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Livonia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Livonia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $17.10
  • 2022 Office Vacancy Rate 20.24%
  • 2022 Office Completions (SF) 126,079

Livonia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $39.83
  • 2022 Office Sales Volume $8.8M
  • 2022 Number of Transactions 3
View more Livonia market trends

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Lyndon Manor - Compton
  • Zip Code 48154
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    7.77 miles

  • Dearborn

    8.06 miles

  • Smith's Creek Depot Station

    8.26 miles

  • Firestone Station

    8.30 miles

  • Walnut Grove Station

    8.48 miles

  • Mobil

    0.12 miles

  • Sunoco

    0.18 miles

  • Shell

    0.88 miles

  • Kroger Fuel Center

    0.89 miles

  • Sunoco

    1.08 miles

  • BP

    1.09 miles

  • Costco Gasoline

    1.10 miles

  • BP

    1.15 miles

  • Speedway

    1.22 miles

  • Livonia, MI Supercharger

    1.23 miles

  • OHM Advisors Parking Lot

    2.87 miles

  • Parking Lot - North

    3.48 miles

  • Parking Lot - East

    3.50 miles

  • Oak Grove Trailhead Parking Lot

    3.50 miles

  • Parking Lot - South

    3.60 miles

  • Parking Lot - West

    3.64 miles

  • Parking Lot - Central Convent

    3.81 miles

  • school parking

    4.57 miles

  • School Parking

    4.62 miles

  • Parking Lot B

    4.93 miles

  • Taco Bell

    0.07 miles

  • Fortune Buffet

    0.08 miles

  • McDonald's

    0.19 miles

  • Burger King

    0.24 miles

  • Steve's Family Dining

    0.47 miles

  • Old Mexico

    0.58 miles

  • Domino's

    0.66 miles

  • IHOP

    0.74 miles

  • Olive Garden

    0.79 miles

  • Bob Evans

    0.84 miles

  • Westborn Market

    0.07 miles

  • Kroger

    0.62 miles

  • ALDI

    0.85 miles

  • Gordon Food Service

    1.18 miles

  • Meijer

    1.32 miles

  • Value Center

    1.58 miles

  • Big Lots

    1.77 miles

  • Walmart Supercenter

    2.06 miles

  • Target

    2.07 miles

  • Sears

    2.31 miles

Frequently Asked Questions

What is the total square footage of Mid-Five Center?

Mid-Five Center totals 84,000 square feet.

When was this property built?

Mid-Five Center was built in 1979.

When was Mid-Five Center last sold?

Mid-Five Center was last sold on 07 Jan, 1987.

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