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Two-Story Office Building
For Lease
$15.95 SF/Yr

2950 W Square Lake Rd, Troy, MI 48098

Two-story office suites are finished to suit, with lower-level storage and available monument signage.

Space SizeContact for details
Days on Market52

Property Features for 2950 W Square Lake Rd

General Information

Standard status Active
Property subtype Office
Zoning R-1A

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Stories 2
Listing Agency: L. Mason Capitani, Inc.
Listed By: Aaron R. Smith · License #6501377543
Source: Cpix.resimplifi
Added: Jul 15 Changed: Sep 4 Last Checked: Sep 4 at 2:06AM

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 L. Mason Capitani, Inc.

Investment Insights

Based on property information with market context.

This two-story traditional office building offers office suites finished to suit, with lower-level storage available. Major building renovations are reported as complete under new ownership and management, supporting a move-in-ready leasing environment. Monument signage is available, and the property is described as professionally managed.

The building is located at the I-75 and Adams Road exit and is listed as seconds from M-59, providing convenient access for daily operations.

Available leasing is presented as suite-based, with flexibility for in-space finishing and added basement storage options.

Key Highlights

  • 24,178 SF two‑story traditional office building with professionally managed office suites
  • Office suites available for lease, finished to suit
  • Lower‑level storage available

Property Analytics

Current Use

Matthew Berney Real Estate Agency Kracoe Szykula & Townsend ... Marketing & Advertising FedEx Drop Box Postal Service phoenix funding group Financial Advisor NetSource One, Inc. Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Law Firm Pharmacy Auto Parts Store

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

116
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

Market

Lease Benchmarks for Troy, MI

$18.64 /SF/Yr
Avg Asking Price
$6–$35.53 /SF/Yr
Price Range
21,828 SF
Avg Space Size

This space is priced 14% below the average of $18.64 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office suites are finished to suit, with lower-level storage and available monument signage.
Where is this office units located?
The property is located at 2950 W Square Lake Rd Troy, MI.
What is the lease rate?
The lease rate is $15.95 SF/Yr.
What are key features of this property?
This property features: 24,178 SF two‑story traditional office building with professionally managed office suites; Office suites available for lease, finished to suit; Lower‑level storage available
More about this property
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