Troy Flex Space For
For Sale
Contact for pricing
1775 Research Dr, Troy, MI 48083
Flexible layout ideal for tech, R&D, light industrial, automotive.
Property Size30,763 SF
Price / SF$0.00
Days on Market216
Property Features for 1775 Research Dr
General Information
Standard status
Active
Size
30,763 SF
Property subtype
Industrial
Zoning
R-C
Building Details
Building Size
30,763 SF
Listing Agency:
Colliers
Listed By:
Bryan Barnas · License #6505287317
(810) 623-8013
Source:
Cpix.resimplifi
Added: Mar 31
Changed: Oct 31
Last Checked: Oct 30 at 10:38AM
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 Colliers
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Investment Insights
Based on property information with market context.
This 30,763 square foot building offers flexible space for lease and is divisible into two units. Suite 100 offers 14,578 square feet, while Suite 200 provides 16,185 square feet. The layout is adaptable, accommodating a mix of office and flex space. It is ideally suited for tech, research and development, engineering, light industrial, or automotive users. Office furniture in great condition is available. Ample parking is available in a campus setting, and there is a signage opportunity. The property provides excellent access to and visibility from I-75. A sale opportunity is available.
Key Highlights
- Excellent I‑75 Access & Visibility
- 30,763 SF Total Building Divisible into Two Units
- Flexible Layout – Office / Flex Mix Available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,419
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,048,380
$3.0M
Cap Rate 7%
$2,177,414
$2.2M
Cap Rate 9%
$1,693,544
$1.7M
Market Conditions
NOI Build-Up for 30,763 SF
Gross rent
$226.1K $7.35/SF
− Vacancy
−$8.4K −$0.27/SF
EGI
$217.7K $7.08/SF
− OpEx
−$65.3K −$2.12/SF
NOI
$152.4K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,048,380
Cap Rate 7%
$2,177,414
Cap Rate 9%
$1,693,544
Alternative Uses
Best Use
Flex RnD
$4.55M
$3.98M – $5.30M
NOI $318,176 @ 7.0% cap · market cap 3,555,039.11%
Second Best
Industrial
$2.18M
$1.91M – $2.54M
NOI $152,419 @ 7.0% cap · market cap 1,703,005.59%
Theoretical Best
Specialty Retail
$6.64M
$5.81M – $7.74M
NOI $464,472 @ 7.0% cap · market cap 5,189,631.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Well-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
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Market
Vacancy Rate% for Industrial in Midwest region
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 - Flexible layout ideal for tech, R&D, light industrial, automotive.
Where is this flex space located?
The property is located at 1775 Research Dr Troy, MI.
What are key features of this property?
This property features: Excellent I‑75 Access & Visibility; 30,763 SF Total Building Divisible into Two Units; Flexible Layout – Office / Flex Mix Available
