Renovated Flex
For Lease
$14.25 SF/Yr
1195-1197 Rochester Rd, Troy, MI 48083
IB-zoned commercial space with a separately leasable adjacent lot and build-to-suit option.
Space SizeContact for details
Property Size54,200 SF
Days on Market24
Property Features for 1195-1197 Rochester Rd
General Information
Standard status
Active
Size
54,200 SF
Property subtype
Industrial
Zoning
IB
Building Details
Building Size
54,200 SF
Year Renovated
2023
Listing Agency:
Signature Associates - Southfield
(248) 359-3801
Listed By:
Kris R. Pawlowski · License #6502127881
(248) 359-3801
Source:
Cpix.resimplifi
Added: Jul 21
Changed: Aug 9
Last Checked: Aug 13 at 3:12AM
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 Signature Associates - Southfield
Investment Insights
Based on property information with market context.
The flex space at 1195-1197 Rochester Rd in Troy, Michigan, encompasses 54,200 square feet and underwent a complete renovation in 2023. Upgraded fixtures and landscape improvements are part of the current property presentation. The building is designated IB under the stated zoning classification.
An adjacent 1-acre lot is also available separately for lease by space. The lot may additionally support a build-to-suit building for lease, providing an option to expand the overall occupancy arrangement beyond the existing flex space.
An adjacent 1-acre lot is also available separately for lease by space. The lot may additionally support a build-to-suit building for lease, providing an option to expand the overall occupancy arrangement beyond the existing flex space.
Key Highlights
- 54,200 SF flex space at 1195‑1197 Rochester Rd
- Complete building renovation completed in 2023
- Upgraded fixtures and landscape improvements
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Troy, MI
$12.78 /SF/Yr
Avg Asking Price
$8.95–$16.95 /SF/Yr
Price Range
19,587 SF
Avg Space Size
This space is priced 12% above the average of $12.78 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Metrix Café — 1414 E Maple Rd, Troy, MI 48083
Frequently Asked Questions
What type of property is this?
Flex space - IB-zoned commercial space with a separately leasable adjacent lot and build-to-suit option.
Where is this flex space located?
The property is located at 1195-1197 Rochester Rd Troy, MI.
What is the lease rate?
The lease rate is $14.25 SF/Yr.
What are key features of this property?
This property features: 54,200 SF flex space at 1195‑1197 Rochester Rd; Complete building renovation completed in 2023; Upgraded fixtures and landscape improvements
