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Brick Medical Office Building
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1059 Owendale Dr, Troy, MI 48083

Brick office property configured for psychiatric medical use near an interstate interchange.

Property Size11,642 SF
Days on Market143

Property Features for 1059 Owendale Dr

General Information

Standard status Active
Size 11,642 SF
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Construction brick
Tenancy Single
Owner Occupied Yes
Listing Agency: Thomas Duke Company
Listed By: Jon Norton · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:05PM

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 Thomas Duke Company

Investment Insights

Based on property information with market context.

This 11,642-square-foot office building has brick construction and is configured for psychiatric medical-office use. The current owner occupies the property and plans to vacate when the building is sold, creating a clear transition point for the next occupant.

The property is positioned beside the I-75 interchange near Rochester Road in Troy, Michigan. Its established office format and medical-use history provide the primary physical and operational context for evaluating the building.

Key Highlights

  • 11,642 SF brick office building
  • Configured for psychiatric medical‑office use
  • Located beside the I‑75 interchange near Rochester Road

Property Analytics

Current Use

Breaking Barriers Rehab ... Rehabilitation Center Thomas Park, MD Physician

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store Storage Facility Barber Shop Furniture & Home Goods

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property configured for psychiatric medical use near an interstate interchange.
Where is this office building located?
The property is located at 1059 Owendale Dr Troy, MI.
What are key features of this property?
This property features: 11,642 SF brick office building; Configured for psychiatric medical‑office use; Located beside the I‑75 interchange near Rochester Road
More about this property
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