Troy, MI Flex Space for Lease
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Troy, MI Flex space Lease Rates & Market Statistics
Explore 30 Flex space listings for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 629,810 square feet of properties — an average of ~21,000 SF per listing.
Asking lease rates for Flex space in Troy start at $8.95 SF/Yr, average $12.26 SF/Yr, and reach $16.95 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12.26 SF/Yr is 10% above the Michigan state average of $11.19 SF/Yr.
Troy accounts for 16% of the 184 flex space listings currently available across Oakland County, where nearby markets include Farmington Hills and Novi. Flex space listings make up 75% of the 40 Industrial properties currently for lease in Troy, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Other industrial properties (8 listings) and Manufacturing properties (3 listings) elsewhere in the Troy market.