Modern First-Floor Office
For Lease
$15.50 SF/Yr
500 Stephenson Hwy, Troy, MI 48083
Move-in ready first-floor office suites with separate layouts that can be leased individually or combined.
Space SizeContact for details
Property Size69,560 SF
Days on Market266
Property Features for 500 Stephenson Hwy
General Information
Standard status
Active
Size
69,560 SF
Property subtype
Office
Zoning
OM
Additional Details
Drive-In Doors
1
Building Details
Building Size
69,560 SF
Listing Agency:
Friedman Integrated Real Estate
Listed By:
Steven Eisenshtadt
(248) 470-1878
Source:
Cpix.resimplifi
Added: Jan 27
Changed: Oct 4
Last Checked: Oct 20 at 5:22PM
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 Friedman Integrated Real Estate
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Investment Insights
Based on property information with market context.
Modern first-floor office space presented in move-in ready condition, featuring separate suites and flexible open floor plan areas. The space includes an upscale office and conference setup in Suite 100 with an exterior suite entrance.
Suite 102 is described as having an exposed ceiling condition, floor-to-ceiling windows, an overhead door, and special equipment, and it was previously used for a dental lab. The building is noted as recently renovated, with high-quality common areas and ongoing maintenance.
Office furniture is available, which may support a turnkey setup depending on the configuration selected. Multiple suites can be leased separately or combined to create a larger footprint.
Suite 102 is described as having an exposed ceiling condition, floor-to-ceiling windows, an overhead door, and special equipment, and it was previously used for a dental lab. The building is noted as recently renovated, with high-quality common areas and ongoing maintenance.
Office furniture is available, which may support a turnkey setup depending on the configuration selected. Multiple suites can be leased separately or combined to create a larger footprint.
Key Highlights
- Modern first‑floor office space in move‑in ready condition
- Separate suites with open ceiling and flexible open floor plan
- Suites can be leased separately or combined for a larger footprint
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
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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
Lease Benchmarks for Troy, MI
$18.43 /SF/Yr
Avg Asking Price
$2.87–$35.53 /SF/Yr
Price Range
28,735 SF
Avg Space Size
This space is priced 16% below the average of $18.43 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in ready first-floor office suites with separate layouts that can be leased individually or combined.
Where is this office unit located?
The property is located at 500 Stephenson Hwy Troy, MI.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Modern first‑floor office space in move‑in ready condition; Separate suites with open ceiling and flexible open floor plan; Suites can be leased separately or combined for a larger footprint
