Troy, MI Industrial Properties for Lease
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Troy, MI Industrial properties Lease Rates & Market Statistics
Explore 30 Industrial properties for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 501,725 square feet of properties — an average of ~16,700 SF per listing.
Asking lease rates for Industrial properties in Troy start at $8.75 SF/Yr, average $11.14 SF/Yr, and reach $16 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 $11.14 SF/Yr is in line with the Michigan state average.
Troy accounts for 13% of the 229 industrial properties currently available across Oakland County, where nearby markets include Farmington Hills and Auburn Hills. By space type, the market includes 21 flex space listings, 6 other industrial properties and 4 manufacturing properties — manufacturing properties typically offer the lowest entry point, while flex space commands the highest rates.