Building Details

Year Built 1986

Buildings 1

Stories 2

Units 8

Tenancy Multi

Listing Agency: Colliers - Royal Oak/Detroit, Michigan b***@colliers.com Show Phone

Listed By: Gary Grochowski · License #MI

Source: Crexi

Added: Mar 12 Changed: Aug 8 Last Checked: Aug 20 at 7:37AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features an office building with 48,772 square feet of space. The property is located in Troy, Michigan.

Key Highlights

• Office Property
• Boasting 48,772 SqFt
• Built in 1986

Property Analytics

Property Profile

Current Use

VTC Insurance Group Insurance Agency Iannuzzi & Co Accounting Firm Elite Chiropractic Alternative Medicine Practice Caliber Autism - Best ... Medical Clinic Dr. Daniel Farkas ... Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,025

Businesses Nearby

Explore this area Business Placement

Demographics for 48098, MI

20,349

Population

7,828

Households

2.6

Avg Household Size

46

Median Age

77%

College-Educated

98%

High-School Grad

9.4 sq mi

ZIP Area

2,165

Density / Sq Mi

$165,781

Median Household Income

$83,298

Median Earnings

$1,720

Median Rent

$485,300

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 48,772 SqFt office building available in Troy, Michigan.

Where is this office building located?

The property is located at 1175 W Long Lake Rd Troy, MI.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Office Property; Boasting 48,772 SqFt; Built in 1986