Office Building with Conference
For Lease
$17.50 SF/Yr
5600 New King Drive, Troy, MI 48098
Office building under new ownership with extensive renovations underway, including a conference center and outdoor plaza seating.
Space Size1,185 SF - 13,012 SF
Property Size73,000 SF
Days on Market48
Property Features for 5600 New King Drive
General Information
Standard status
Active
Size
1,185 SF - 13,012 SF
Class
B
Property subtype
Office - Medical Office
Building Details
Building Size
73,000 SF
Year Built
1986
Spaces For Lease
at 5600 New King Drive Contact us- Size
- 1,185 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
140 $18.50/SF/Yr
- Size
- 5,403-13,012 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Suite 210 $18.50/SF/Yr
- Size
- 4,022 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Suite 230 $17.50/SF/Yr
Listing Agency:
L. Mason Capitani CORFAC International
(248) 637-3515
Listed By:
Aaron R. Smith · License #6501377543
Source:
Commercialcafe
Added: Jul 9
Changed: Aug 24
Last Checked: Aug 23 at 2:23AM
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 CORFAC International
Investment Insights
Based on property information with market context.
This office building is under new ownership and management, with extensive renovations underway. Space is available with up to 6,475 SF available, and the building includes an on-site conference center. An exterior plaza with outdoor seating supports day-to-day client or staff use, and a micro-market food service is also available on site.
The property is located on New King Drive in Troy, with access to Crooks Road and I-75 noted in the remarks. Prominent signage is available, and office or medical uses are allowed.
Suites within the building can be configured for office or medical purposes, supported by the building’s current common-area amenities such as the conference center, outdoor plaza seating, and micro-market.
The property is located on New King Drive in Troy, with access to Crooks Road and I-75 noted in the remarks. Prominent signage is available, and office or medical uses are allowed.
Suites within the building can be configured for office or medical purposes, supported by the building’s current common-area amenities such as the conference center, outdoor plaza seating, and micro-market.
Key Highlights
- Office building built in 1986 with extensive renovations underway
- Up to 6,475 SF available
- On‑site conference center
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Troy, MI
$18.57 /SF/Yr
Avg Asking Price
$12–$24.5 /SF/Yr
Price Range
69,628 SF
Avg Space Size
This space is priced 6% below the average of $18.57 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office building under new ownership with extensive renovations underway, including a conference center and outdoor plaza seating.
Where is this office building located?
The property is located at 5600 New King Drive Troy, MI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Office building built in 1986 with extensive renovations underway; Up to 6,475 SF available; On‑site conference center
