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Recently Renovated Office Building
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1301 W Long Lake Rd, Troy, MI 48098

Recently renovated office building with a glass entryway and upgraded finishes, plus cafeteria, conferencing, and garage parking.

Space Size3,208 SF
Days on Market1403

Property Features for 1301 W Long Lake Rd

General Information

Standard status Active
Size 3,208 SF
Property subtype OFFICE
Lease Type Modified Gross

Amenities

cafeteria/sundry
travel agency
garage parking
conferencing facility
onsite management

Spaces For Lease

at 1301 W Long Lake Rd
1301 W Long Lake Rd $20.50/SF/Yr
Floor 1
Size 3,208 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
-This building has a glass entry way and was recently renovated, which includes upgrade finishes throughout. -1301 features a cafeteria/sundry, travel agency, garage parking, conferencing facility and onsite management.
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Listing Agency: Transwestern | Detroit
Listed By: William (Bill) Harvey
Source: Moodyscre
Added: Dec 23, 2022 Changed: Oct 25 Last Checked: Oct 24 at 6:13PM

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 Transwestern | Detroit

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Investment Insights

Based on property information with market context.

This recently renovated office building features a glass entryway and upgraded finishes throughout. The building includes a cafeteria/sundry area, a conferencing facility, and onsite management. Additional listed features include garage parking and space support for a travel agency.

The property is located at 1301 W Long Lake Rd in Troy, Michigan.

With the combination of upgraded interior finishes, onsite management, and conferencing amenities, the building offers a turnkey option for an office use requiring both workspace and on-site meeting capability.

Key Highlights

  • Recently renovated office building with a glass entryway and upgraded finishes throughout
  • On‑site cafeteria/sundry for daily needs
  • Includes travel agency and conferencing facility

Property Analytics

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Current Use

John M. Cotter ... Real Estate Agency Meg Larson - Financial ... Financial Advisor Goldman Sachs Personal ... Financial Advisor Mitchell S Benson ... Financial Advisor Charles Belfiori - Financial ... Financial Advisor

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.

Lease Details

NNN (Triple Net)
Lease Type
$3.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

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

Market

Lease Benchmarks for Troy, MI

$18.59 /SF/Yr
Avg Asking Price
$16–$20.5 /SF/Yr
Price Range
45,242 SF
Avg Space Size

This space is priced 10% above the average of $18.59 /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

Frequently Asked Questions

What type of property is this?
Office building - Recently renovated office building with a glass entryway and upgraded finishes, plus cafeteria, conferencing, and garage parking.
Where is this office building located?
The property is located at 1301 W Long Lake Rd Troy, MI.
What is the lease rate?
The lease rate is $20.50 SF/Yr.
What are key features of this property?
This property features: Recently renovated office building with a glass entryway and upgraded finishes throughout; On‑site cafeteria/sundry for daily needs; Includes travel agency and conferencing facility
(248) 440-1441 Call to check price and availability
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