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500 Stephenson Hwy, Troy, MI 48083

Move-in ready first-floor office suites with flexible open layouts that can be leased separately or combined.

Space Size7,954 SF
Days on Market180

Property Features for 500 Stephenson Hwy

General Information

Standard status Active
Size 7,954 SF
Property subtype OFFICE
Lease Type Modified Gross

Space & Availability

Divisible Yes
Floor 1
Space Use Office
Condition Move-in Ready

Spaces For Lease

at 500 Stephenson Hwy
500 Stephenson Hwy $17/SF/Yr
Floor 1
Size 7,954 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease Yes
- Modern first-floor office space in move-in ready condition - Separate suites with open ceiling and flexible open floor plan - Spaces can be leased separately or combined for a larger footprint - Suite 100 - upscale office and conference space includes exterior suite entrance. - Suite 102 - former dental lab – exposed ceilings – floor to ceiling windows – overhead door – special equipment - Recently renovated building with high-quality common areas and excellent ongoing maintenance - Office furniture available, offering a turnkey solution
Contact us
Listing Agency: Friedman Integrated Real Estate - Corporate
Listed By: Steven Eisenshtadt
Source: Moodyscre
Added: Apr 6 Changed: Sep 4 Last Checked: Oct 1 at 12:06PM

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 - Corporate

Investment Insights

Based on property information with market context.

Modern first-floor office space in move-in ready condition, offering separate suites with an open ceiling and flexible open floor plan. Suites can be leased separately or combined for a larger footprint.

Suite 100 is designed as upscale office and conference space and includes an exterior suite entrance. Suite 102 was a former dental lab and features exposed ceilings, floor-to-ceiling windows, an overhead door, and special equipment. Office furniture is available, supporting an easier move-in.

The building has recently renovated common areas with high-quality finishes and excellent ongoing maintenance. Additional details on the specific tenant-ready features within each suite can be reviewed during leasing discussions.

Key Highlights

  • 7,954 SF modern first‑floor office space in move‑in ready condition
  • Separate suites with open ceiling design and flexible open floor plans
  • Suites can be leased separately or combined for a larger footprint

Property Analytics

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Current Use

Synergy Health Partners ... Business Administration Service Pink Energy Production Facility Modern Dental Center ... Dental Office Pink Energy Troy Solar Energy Company

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Parking Lot & Garage Spa & Massage 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Troy, MI

$18.15 /SF/Yr
Avg Asking Price
$2.87–$35.53 /SF/Yr
Price Range
29,459 SF
Avg Space Size

This space is priced 6% below the average of $18.15 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready first-floor office suites with flexible open layouts that can be leased separately or combined.
Where is this office units located?
The property is located at 500 Stephenson Hwy Troy, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 7,954 SF modern first‑floor office space in move‑in ready condition; Separate suites with open ceiling design and flexible open floor plans; Suites can be leased separately or combined for a larger footprint
(248) 470-1878 Call to check price and availability
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