The Livonia Commons Office Center

Off-Market

38935 Ann Arbor Road, Livonia, MI 48150

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

  • Property Type Office - General Office
  • Property Size 25,084 SF
  • Lot Size 3.69 Acre
  • Parking Spaces Avail. 134
  • Parking Ratio 5.38 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1995

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 23 Aug, 2022
  • 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 ®

    52/100 Somewhat Walkable
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Hunters
  • Zip Code 48150
  • Market Detroit

Points of Interest

  • Shell

    0.33 miles

  • eVgo

    0.34 miles

  • BP

    0.34 miles

  • Mobil

    0.56 miles

  • Sunoco

    0.90 miles

  • Sunoco

    0.93 miles

  • Mobil

    1.10 miles

  • Sunoco

    1.35 miles

  • Exxon

    1.37 miles

  • Citgo

    1.70 miles

  • School Parking

    0.85 miles

  • school parking

    1.03 miles

  • Parking Lot - South

    1.99 miles

  • Parking Lot - West

    2.07 miles

  • Parking Lot - Central Convent

    2.09 miles

  • Parking Lot - East

    2.10 miles

  • Parking Lot - North

    2.24 miles

  • Oak Grove Trailhead Parking Lot

    2.27 miles

  • OHM Advisors Parking Lot

    2.53 miles

  • VFW Hall Parking

    3.87 miles

  • Red Roof Inn

    0.35 miles

  • Days Inn by Wyndham Livonia - Detroit

    1.16 miles

  • TownePlace Suites

    2.61 miles

  • Fairfield Inn & Suites

    2.63 miles

  • Baymont Inn

    2.64 miles

  • Comfort Suites

    2.66 miles

  • La Quinta Inn by Wyndham Detroit Canton

    2.81 miles

  • Extended Stay America

    2.85 miles

  • Hampton Inn & Suites

    2.94 miles

  • Hilton Garden Inn Plymouth

    3.37 miles

  • Los Tres Amigos

    0.26 miles

  • Tubbys

    0.33 miles

  • Dunkin' Donuts

    0.35 miles

  • Little Caesars

    0.45 miles

  • McDonald's

    0.54 miles

  • Mangia Pizza

    0.55 miles

  • Lakepointe Yacht Club

    0.74 miles

  • Subway

    0.83 miles

  • Hungry Howie's

    0.83 miles

  • Streetside Burger

    0.89 miles

  • Starkweather Academy

    0.57 miles

  • Livonia Career Technical Center

    0.71 miles

  • Johnson Upper Elementary School

    0.86 miles

  • Churchill High School

    0.95 miles

  • Johnson School

    0.97 miles

  • Garfield Elementary School

    1.59 miles

  • East Middle School

    1.86 miles

  • Randolph Elementary School

    2.02 miles

  • Madonna University

    2.08 miles

  • North West Wayne Trainable Center

    2.11 miles

  • Allen Early Learning Academy

    0.89 miles

  • Montessori Center of Our Lady

    2.13 miles

  • St. Peter's Evangelical Lutheran School

    2.74 miles

  • Learning Tree

    2.97 miles

  • Paradigm Care & Enrichment Center

    3.37 miles

  • KinderCare

    3.62 miles

  • Livonia Little Tots

    3.65 miles

  • The Learning Tree Child Care Center - North

    4.70 miles

  • Little Hearts Learning Home - Child Care and Pre-School

    6.15 miles

  • The Learning Experience

    8.11 miles

Frequently Asked Questions

What is the total square footage of The Livonia Commons Office Center?

The Livonia Commons Office Center totals 25,084 square feet.

When was this property built?

The Livonia Commons Office Center was built in 1995.

When was The Livonia Commons Office Center last sold?

The Livonia Commons Office Center was last sold on 23 Aug, 2022.

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