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

Recently renovated office building features upgraded finishes, a glass entryway, and garage parking with onsite management.

Space Size3,011 SF
Days on Market1079

Property Features for 1301 W Long Lake Rd

General Information

Standard status Active
Size 3,011 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 3
Size 3,011 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.
Contact us
Listing Agency: Transwestern | Detroit
Listed By: William (Bill) Harvey
Source: Moodyscre
Added: Oct 30, 2023 Changed: Oct 5 Last Checked: Oct 12 at 7:31PM

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

Investment Insights

Based on property information with market context.

This recently renovated office building features a glass entryway and upgraded finishes throughout. The property also includes an on-site conferencing facility, plus a cafeteria/sundry for tenant convenience.

The building is offered for rent and includes garage parking, along with onsite management. Public remarks also note travel agency use within the building.

Additional building features referenced in the remarks include conferencing space and a cafeteria/sundry area, supporting day-to-day office operations.

Key Highlights

  • Recently renovated office building with upgraded finishes throughout.
  • Glass entryway at the building entrance.
  • Includes a cafeteria/sundry and a travel agency on‑site.

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

$19.15 /SF/Yr
Avg Asking Price
$16–$24.5 /SF/Yr
Price Range
63,382 SF
Avg Space Size

This space is priced 7% above the average of $19.15 /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
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated office building features upgraded finishes, a glass entryway, and garage parking with onsite management.
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 upgraded finishes throughout.; Glass entryway at the building entrance.; Includes a cafeteria/sundry and a travel agency on‑site.
(248) 440-1441 Call to check price and availability
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