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    901 Tower Dr Troy, MI 48098

    Sponsored
    For Lease
    $15 SF/Yr

    Flexible Suites, Prime Troy Location

    Lot size:
    123,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story office building, located at 901 Tower Dr, Troy, MI 48098, offers 123,488 square feet of versatile space. The property, situated on 8.96 acres and boasting a convenient Cross Street of Crooks/Long Lake, features a range of office subtypes including traditional, executive, coworking, medical, and creative office spaces. Multiple tenancy options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 23,938 square feet. Currently, 59,868 square feet is vacant. Built in 1989 and renovated in 2020, the Class C building includes 395 parking spaces and elevators. The property is zoned R-C and is part of the Troy North Office submarket. Tenants benefit from flexible lease terms, including short-term options, lease renewal options, and scalable space to accommodate evolving business needs. Attractive allotment incentives are available to customize office spaces. A rent-free fit-out period is offered to facilitate seamless transitions. The building comprises six total suites.

    Property Features for 901 Tower Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    123,488 SF
    Class
    C
    Total Rate
    159505.33

    Building Details

    Year Built/Renovated
    1989/2020
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 220
    Size
    23,938 SF
    Rate per SF
    $15
    Space
    Suite 400
    Size
    11,224 SF
    Rate per SF
    $16
    Space
    Suite 150
    Size
    7,019 SF
    Rate per SF
    $16
    Space
    Suite 325
    Size
    5,888 SF
    Rate per SF
    $16
    Space
    Suite 100
    Size
    10,363 SF
    Rate per SF
    $16
    Property Profile Location Intelligence

    Current Use by Public Records

    Taikisha USA, Inc Industrial Equipment Supplier Surge Colab Office Space Rental Agency VIZI Software Company Enprecis Group Software Company Media Genesis, Inc. Marketing Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1666997
    Latitude
    42.5951398

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    FAQs

    What type of property is this?
    Restaurant - Flexible Suites, Prime Troy Location
    Where is this restaurant located?
    The property is located at 901 Tower Dr Troy, MI.
    What is the lease rate?
    The lease rate is $15-$16 SF/Yr.
    Request Owner's contact information
    901 Tower Dr Troy, MI 48098
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    Troy, MI 48098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Tower Dr Troy, MI 48098
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