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Affordable Retail Space in Troy
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1977 E Wattles Rd, Troy, MI

High-traffic retail space with renovated facade and new pylon sign.

Space Size1,979 SF
Lot Size1.00 Acre
Days on Market1331

Property Features for 1977 E Wattles Rd

General Information

Standard status Active
Size 1,979 SF
Lot size 1.00 Acre
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1977 E Wattles Rd
1977 E Wattles Rd $13/SF/Yr
Floor 1
Size 1,979 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Only 1 Unit Available: 1,979 SF (Unit E) - One of the most affordable retail spaces in North Troy - Strategically located within the dense and high-traffic area of Troy - Recently renovated facade for a fresh, modern look - Brand new digital pylon sign for high-visibility tenant advertising - Newly resurfaced parking lot - Excellent demographics and steady traffic flow - Prime frontage along Wattles Road - Just ½ mile from Athens High School - Lease Rate: $13.00/SF NNN
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Listing Agency: Iconic Real Estate
Listed By: Jacob Sworski
Source: Moodyscre
Added: Feb 13, 2023 Changed: Oct 5 Last Checked: Oct 5 at 8:30PM

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 Iconic Real Estate

Investment Insights

Based on property information with market context.

This retail space is located in a dense, high-traffic area of Troy. One unit is available, offering 1,979 square feet of space. The property features a recently renovated facade, providing a modern look. A brand new digital pylon sign offers high-visibility advertising opportunities for tenants. The parking lot has been newly resurfaced. The property has prime frontage along Wattles Road and is located just one-half mile from Athens High School.

Key Highlights

  • Strategically located in a dense, high‑traffic area of Troy with excellent demographics and steady traffic flow.
  • Prime frontage along Wattles Road offers high visibility.
  • Affordable lease rate at $13.00/SF NNN, making it one of the most affordable retail spaces in North Troy.

Property Analytics

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Current Use

SkateWorks L.L.C. Skate Sharpening Service Faith At Work (Bike/Boat/Book/etc) Store Canadian Executive Search ... Employment Agency Troy Youth Soccer ... Sports School Everest Taekwondo Troy ... Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Restaurant Auto Repair Shop

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

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Troy, MI

$19.86 /SF/Yr
Avg Asking Price
$2.79–$35 /SF/Yr
Price Range
22,236 SF
Avg Space Size

This space is priced 35% below the average of $19.86 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - High-traffic retail space with renovated facade and new pylon sign.
Where is this retail space located?
The property is located at 1977 E Wattles Rd Troy, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Strategically located in a dense, high‑traffic area of Troy with excellent demographics and steady traffic flow.; Prime frontage along Wattles Road offers high visibility.; Affordable lease rate at $13.00/SF NNN, making it one of the most affordable retail spaces in North Troy.
(313) 603-4266 Call to check price and availability
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