Building Details

Building Size 45,567 SF

Year Built 1980

Listing Agency: Signature Associates - Southfield k***@signatureassociates.com Show Phone

Listed By: Kris R. Pawlowski · License #6501292698 Show Phone

Source: Cpix.resimplifi

Added: Feb 13 Changed: Aug 28 Last Checked: Aug 31 at 12:50PM

Report an Issue

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This professionally managed flex space is centrally located near I-75, between the 14 Mile and Rochester Road exits. The complex offers units that have been recently renovated. The property is suitable for a variety of uses. The property's total size is 45567 square feet.

Key Highlights

• Centrally located near I‑75 (between 14 Mile and Rochester Road exits).
• Professionally managed complex.
• Recently renovated units.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Bakery Hotel & Motel

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

$1.69 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,176

Businesses Nearby

Under-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

Market

Lease Benchmarks for Troy, MI

$12.78 /SF/Yr

Avg Asking Price

$8.95–$16.95 /SF/Yr

Price Range

19,586 SF

Avg Space Size

This space is priced 12% below 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Corner Retail Space

42889-42915 Dequindre Road, Troy, MI 48098

$2,100/Mo

1,200 sqft

View details

Office Unit with Private Sink

2820 W Maple Rd Unit 127, Troy, MI 48084

$540/Mo

260 sqft

View details

Freestanding Flex Industrial Building

686 Minnesota, Troy, MI 48083

$9.95 SF/Yr

7,520 sqft

View details

Highly Visible Retail-Office Suites

3835 - 3845 Rochester Road, Troy, MI 48083

$1,700/Mo

3,400 sqft

View details

Windowed Office Suite

363 W Big Beaver Rd Unit 200, Troy, MI 48084

$3,681/Mo

2,265 sqft

View details

Updated Retail Space

3236 Rochester, Troy, MI 48083

$2,000/Mo

1,000 sqft

View details

Office Building with Conference Center

5600 New King Drive, Troy, MI 48098

$17.50 SF/Yr

6,475 sqft

View details

Fully Renovated Office Building

5600 New King Dr, Troy, MI 48098

$18.50 SF/Yr

13,012 sqft

View details

Office Unit with Atrium

2891 E Maple Road, Troy, MI 48083

$3,000/Mo

2,400 sqft

View details

Retail or Office Suite in Strip Center

3468 Rochester Rd, Troy, MI 48083

$2,150/Mo

1,400 sqft

View details

Medical Office Corner Suite

1939-1883 E Wattles Rd, Troy, MI 48085

$2,600/Mo

1,360 sqft

View details

Office Suite with Multiple Rooms

200-363 Big Beaver Rd, Troy, MI 48083

$3,681/Mo

2,265 sqft

View details

Similar Off Market Nearby

• TJporadas Catering — 971 W 14 Mile Rd, Clawson, MI 48017

Frequently Asked Questions

What type of property is this?

Flex space - Professionally managed flex space near I-75 in Troy, Michigan.

Where is this flex space located?

The property is located at 409-445 Elmwood Dr Troy, MI.

What is the lease rate?

The lease rate is $11.25 SF/Yr.

What are key features of this property?

This property features: Centrally located near I‑75 (between 14 Mile and Rochester Road exits).; Professionally managed complex.; Recently renovated units.