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Office/Flex R&D Building
For Lease
$16 SF/Yr

1150 Stephenson Hwy, Troy, MI 48083

Two office/flex R&D suites are available, with furnished options and strong I-75 expressway frontage.

Space Size2,000 SF - 3,000 SF
Property Size18,131 SF
Days on Market121

Property Features for 1150 Stephenson Hwy

General Information

Standard status Active
Size 2,000 SF - 3,000 SF
Class C
Property subtype Office
Lease Term Gross + Electric

Site & Location

Traffic Count 131,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 18,131 SF
Year Built 1982

Spaces For Lease

at 1150 Stephenson Hwy Contact us

A $16/SF/Yr

Size
2,000 SF
Term
Negotiable
Contact us

B $16/SF/Yr

Size
3,000 SF
Term
Negotiable
Contact us
Listing Agency: Thomas A. Duke Company
Listed By: Andrew Goble
Source: Thomasduke
Added: May 7 Changed: Sep 3 Last Checked: Sep 4 at 3:41AM

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 A. Duke Company

Investment Insights

Based on property information with market context.

This office/flex R&D building is located in a professional office park and offers high-end interior buildouts and finishes. Two suites are available—2,000 SF and 3,000 SF—with all furniture available for an easier move-in.

The property is prominently situated on the east side of Stephenson Hwy between 14 Mile and 15 Mile Roads in Troy, MI, providing excellent visibility from the I-75 expressway. The offering also includes over 131,000 vehicles per day on I-75 and presents a prominent signage opportunity for a business user.

For teams looking for office-flex functionality, the current suite configurations and turnkey furnishing support practical occupancy without additional tenant coordination for basic interior items.

Key Highlights

  • Two office/flex R&D suites available: 2,000 SF and 3,000 SF
  • Building size: 18,131 SF (office/flex R&D), built in 2000
  • Furnished options available; all furniture is available

Property Analytics

Current Use

Hwaseung (HS) Automotive ... Business Service Center

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Dental Office Storage Facility Daycare Center Spa & Massage Center

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

131,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby
Balanced
Demand for This Use

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

$12.26 /SF/Yr
Avg Asking Price
$8.95–$16.95 /SF/Yr
Price Range
21,718 SF
Avg Space Size

This space is priced 31% above the average of $12.26 /SF/Yr.

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Forte Belanger 700 Stephenson Hwy, Troy, MI 48083
  • Metrix Café 1414 E Maple Rd, Troy, MI 48083

Frequently Asked Questions

What type of property is this?
Flex space - Two office/flex R&D suites are available, with furnished options and strong I-75 expressway frontage.
Where is this flex space located?
The property is located at 1150 Stephenson Hwy Troy, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Two office/flex R&D suites available: 2,000 SF and 3,000 SF; Building size: 18,131 SF (office/flex R&D), built in 2000; Furnished options available; all furniture is available
More about this property
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