Multi-Tenant Neighborhood Shopping
For Sale
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781 E Big Beaver Rd, Troy, MI 48083
Three-building retail complex with NNN leases, sixteen tenants, and additional space for potential expansion.
Property Size129,461 SF
Days on Market146
Property Features for 781 E Big Beaver Rd
General Information
Standard status
Active
Size
129,461 SF
Property subtype
Retail
Occupancy
91%
Additional Details
Corner Location
Yes
Building Details
Year Built
1972
Year Renovated
2005
Buildings
3
Tenancy
Multi
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:37AM
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 CBRE
Investment Insights
Based on property information with market context.
Troy Commons is a 129,461-square-foot neighborhood shopping center comprising three buildings. The property includes a two-building, multi-tenant retail center and a McDonald’s out parcel. Constructed in 1972, the center received a masonry exterior renovation in 2005 and is currently 91% occupied by sixteen tenants. Six vacant suites total 12,006 square feet.
The property occupies the northwest corner of Big Beaver Rd and Rochester Rd in Troy, Michigan, approximately 18 miles north of Downtown Detroit. Existing leases are generally structured on a triple-net basis, with tenants reimbursing their pro-rata shares of CAM, real estate taxes, insurance, and an administrative fee ranging from 0% to 15% of those expenses.
Up to 5000sf of additional retail space may potentially be constructed along Big Beaver Rd, while the vacant suites provide space for future leasing activity.
The property occupies the northwest corner of Big Beaver Rd and Rochester Rd in Troy, Michigan, approximately 18 miles north of Downtown Detroit. Existing leases are generally structured on a triple-net basis, with tenants reimbursing their pro-rata shares of CAM, real estate taxes, insurance, and an administrative fee ranging from 0% to 15% of those expenses.
Up to 5000sf of additional retail space may potentially be constructed along Big Beaver Rd, while the vacant suites provide space for future leasing activity.
Key Highlights
- 129,461‑square‑foot neighborhood shopping center on 3 buildings
- 91% occupied by 16 tenants
- Six vacant suites total 12,006 square feet
Property Analytics
Property Profile
Current Use
Lease Details
91%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
309k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Apparel 25%
Shops & Services 13%
Groceries 7%
Nordstrom Rack
Apparel
42,798 visits/mo
0.2 miles
McDonald's
Dining
23,675 visits/mo
0.1 miles
Fresh Thyme Market
Groceries
21,977 visits/mo
0.1 miles
Burger King
Dining
16,517 visits/mo
0.1 miles
REI
Apparel
16,113 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Three-building retail complex with NNN leases, sixteen tenants, and additional space for potential expansion.
Where is this shopping center located?
The property is located at 781 E Big Beaver Rd Troy, MI.
What are key features of this property?
This property features: 129,461‑square‑foot neighborhood shopping center on 3 buildings; 91% occupied by 16 tenants; Six vacant suites total 12,006 square feet
