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Grocery-Anchored Shopping Center
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781-931 East Big Beaver Road, Troy, MI 48083

Two retail buildings and a McDonald’s outparcel form a multi-tenant center with NNN lease structures and established grocery occupancy.

Property Size133,662 SF
Lot Size11.47 Acres
Days on Market145

Property Features for 781-931 East Big Beaver Road

General Information

Standard status Active
Size 133,662 SF
Lot size 11.47 Acres
Property subtype Retail
Zoning BB
Occupancy 91%

Site & Location

Corner Location Yes
Anchor Co-Tenants Fresh Thyme, The Container Store, Tuesday Morning, Panera Bread
Traffic Count 144,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1975
Year Renovated 2005
Buildings 3
Tenancy Multi
Listing Agency: CBRE
Listed By: David Hesano · License #MI 6501300653
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:17AM

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 CBRE

Investment Insights

Based on property information with market context.

Troy Commons is a shopping center comprising two retail buildings and a McDonald’s outparcel, with 133,662 square feet of retail space on an 11.47-acre parcel. Fresh Thyme serves as the grocery anchor, joined by fifteen additional tenants. The property was built in 1975 and received renovations and upgrades through its most recent work in 2005. Zoning is BB (Commercial).

The center occupies the northwest corner of East Big Beaver Road and Rochester Road in Troy, Michigan. Access to I-75 is approximately one quarter mile south, with I-696 six miles south and M-59 three miles north. The surrounding area includes more than 260,000 people within a 5-mile radius, and average household income within that radius is $98,149. Reported traffic at the intersection exceeds 144,000 VPD.

The property is 91% occupied by sixteen tenants, while six spaces totaling 12,454 square feet are vacant. Tenant leases are generally structured on a triple-net basis, with reimbursement provisions for CAM, real estate taxes, insurance, and administrative fees.

Key Highlights

  • 133,662 square feet of retail space across two buildings and a McDonald’s outparcel
  • 11.47‑acre parcel zoned BB (Commercial)
  • Fresh Thyme grocery anchor with fifteen additional tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Hotel & Motel Grocery & Convenience Store Barber Shop Building Supply

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

144,000 VPD
Traffic count
91%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby
309k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Apparel 25% Shops & Services 13% Groceries 7%
Nordstrom Rack Apparel
42,798 visits/mo 0.2 miles
McDonald's Dining
23,675 visits/mo 0.1 miles
Fresh Thyme Market Groceries
21,977 visits/mo 0.1 miles
Burger King Dining
16,517 visits/mo 0.1 miles
REI Apparel
16,113 visits/mo 0.2 miles

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

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?
Shopping center - Two retail buildings and a McDonald’s outparcel form a multi-tenant center with NNN lease structures and established grocery occupancy.
Where is this shopping center located?
The property is located at 781-931 East Big Beaver Road Troy, MI.
What are key features of this property?
This property features: 133,662 square feet of retail space across two buildings and a McDonald’s outparcel; 11.47‑acre parcel zoned BB (Commercial); Fresh Thyme grocery anchor with fifteen additional tenants
More about this property
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