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Troy Flex/Industrial Space Available
For Lease
$16.95 SF/Yr

1960 Technology Drive, Troy, MI 48083

40,000 SF flex/industrial space for lease in Troy, MI.

Space SizeContact for details
Days on Market198

Property Features for 1960 Technology Drive

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE | Detroit
Listed By: A.J Rich
Source: Cbre
Added: Jan 27 Changed: Aug 8 Last Checked: Apr 5 at 8:07PM

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 | Detroit

Investment Insights

Based on property information with market context.

This flex/industrial property offers 40,000 square feet of space. The property is located at 1960 Technology Drive in Troy, Michigan, 48083.

Key Highlights

  • 40,000 SF flex/industrial space for lease.
  • Located in Troy, MI.
  • Flex space available.

Property Analytics

Current Use

Balluff Inc Production Facility VPS Business Management Consultant Native American Logistics Logistics Company LG Corporate Office LG Energy Solution ... Industrial Manufacturer

Suggested Use

Top Pick Dental Office Real Estate Agency Storage Facility Parking Lot & Garage Gym & Fitness Center Garden 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

NNN (Triple Net)
Lease Type
$2.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,083
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

$12.78 /SF/Yr
Avg Asking Price
$8.95–$16.95 /SF/Yr
Price Range
19,587 SF
Avg Space Size

This space is priced 33% above the average of $12.78 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Gateway Deli 1175 e 14 mile rd, troy, mi 48083

Frequently Asked Questions

What type of property is this?
Flex space - 40,000 SF flex/industrial space for lease in Troy, MI.
Where is this flex space located?
The property is located at 1960 Technology Drive Troy, MI.
What is the lease rate?
The lease rate is $16.95 SF/Yr.
What are key features of this property?
This property features: 40,000 SF flex/industrial space for lease.; Located in Troy, MI.; Flex space available.
More about this property
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