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Renovated Office Suites
For Lease
$15.50 SF/Yr

550 Stephenson Hwy, Troy, MI 48083

Office space with updated shared areas, on-site parking, and convenient access to I-75.

Space Size2,665 SF
Days on Market96

Property Features for 550 Stephenson Hwy

General Information

Standard status Active
Size 2,665 SF
Property subtype Office
Zoning OM

Additional Details

Contiguous Space 2,665 SF
Highway Access Yes

Amenities

fast-track food service
electronic building directory
modern common area finishes
well-lit & abundant parking
newly renovated restrooms and corridors
Listing Agency: L. Mason Capitani, Inc.
Listed By: Aaron R. Smith · License #6501377543
Source: Cpix.resimplifi
Added: Jul 16 Changed: Oct 16 Last Checked: Oct 19 at 3:26AM

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.

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Investment Insights

Based on property information with market context.

Office units are available within a recently updated property at 550 Stephenson Hwy in Troy. Available space extends to 2,665 SF, with refreshed restrooms and corridors, modern common-area finishes, and an electronic building directory. Fast-track food service is also included among the property improvements.

The property provides well-lit, abundant parking and is located close to I-75. OM zoning applies to the site, supporting its office-oriented commercial profile.

Key Highlights

  • Up to 2,665 SF available
  • Newly renovated restrooms and corridors
  • Electronic building directory

Property Analytics

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Current Use

Kathryn Ong Physician SAFEbuilt Corporate Office HUMPHREY HANNON PC Consultant paradygmhg Home Health Care Service ADT security Authorized ... Consultant

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Parking Lot & Garage Garden Center Veterinary Clinic

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
NNN (Triple Net)
Lease Type
$2.32 /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
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Market

Lease Benchmarks for Troy, MI

$18.37 /SF/Yr
Avg Asking Price
$2.87–$35.53 /SF/Yr
Price Range
29,002 SF
Avg Space Size

This space is priced 16% below the average of $18.37 /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

Frequently Asked Questions

What type of property is this?
Office unit - Office space with updated shared areas, on-site parking, and convenient access to I-75.
Where is this office unit located?
The property is located at 550 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: Up to 2,665 SF available; Newly renovated restrooms and corridors; Electronic building directory
More about this property
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