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Renovated Office Building For Sale
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5600 New King Drive, Troy, MI 48098

Office building with renovations underway, suitable for office or medical use.

Property Size73,000 SF
Price / SF$0.00
Days on Market202

Property Features for 5600 New King Drive

General Information

Standard status Active
Size 73,000 SF
Class B
Property subtype Office
Lease Term + Electricity; + Electric

Building Details

Building Size 73,000 SF
Year Built 1986

Properties For Sale

at 5600 New King Drive Contact us

Suite 140

Size
1,185 SF
Term
Negotiable
Contact us

Suite 210

Size
13,012 SF
Term
Negotiable
Contact us

Suite 230

Size
4,022 SF
Term
Negotiable
Contact us
Listing Agency: L. Mason Capitani, Inc.
Listed By: Mason L. Capitani, SIOR · License #6501377543
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 16 at 3:42AM

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 office building, totaling 73,000 square feet, is under new ownership and management and is undergoing extensive renovations. Up to 6,475 square feet of space is available. The property features a building conference center, an exterior plaza with outdoor seating, and micro-market food service. Prominent signage opportunities are available. The property is suitable for office or medical uses and is located near Crooks Road and I-75.

Key Highlights

  • Up to 6,475 SF Available, offering significant space.
  • Building Under New Ownership & Management.
  • Extensive Renovations Under Way, promising a modern workspace.

Property Analytics

Current Use

Sakis & Sakis, PLC Law Firm Waterford Bank, N.A. Bank MiTown Realty Real Estate Agency MiState Property Management Property Management Company Dr. Michael A. Sandler, ... Physician

Suggested Use

Top Pick Dental Office Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

557
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with renovations underway, suitable for office or medical use.
Where is this office building located?
The property is located at 5600 New King Drive Troy, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Up to 6,475 SF Available, offering significant space.; Building Under New Ownership & Management.; Extensive Renovations Under Way, promising a modern workspace.
More about this property
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