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    888 Big Beaver Rd Troy, MI 48084

    For Sale
    Contact for pricing

    High-Occupancy, Prime Troy Location

    Property size:
    297,792 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A, mixed-use office tower in Troy, Michigan, presents a compelling investment opportunity. Boasting 297,792 square feet of net rentable space, the property is 90% occupied by 32 tenants, including four prominent anchors: Sevenco, Trion Solutions, The Melting Pot, and Red Effect. The building features a desirable NNN lease structure with corporate guarantees, providing strong financial stability. Situated on 12 acres with 250 parking spaces, the property enjoys a prime location at 888 W Big Beaver Rd, offering 1,100 feet of frontage on Big Beaver Road and prominent signage visible from I-75. Its proximity to I-75 and the Somerset Collection Mall further enhances its appeal. The affluent city of Troy, consistently ranked among Michigan's and the nation's top cities, boasts an average household income exceeding $144,000 within a 5-mile radius. The building offers full-service amenities, including 24-hour on-site security, electronic monitoring, and on-site management. The asking price is $52,171,000, translating to $175.19 per square foot. Lease terms average 5-10 years, with rent bumps included. This fee-simple ownership opportunity provides a strong core+ investment with significant upside potential.

    Property Features for 888 Big Beaver Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    297,792 SF
    Class
    A
    Lot Size
    522,720 SF

    Building Details

    Buildings
    1

    HighLights

    • 90% occupied, 5‑10 year lease terms, 32 tenants.
    • Four anchor tenants: Sevenco, Trion Solutions, The Melting Pot, and Red Effect.
    • 1,100 feet of frontage on Big Beaver Road.
    • Prime location in affluent Troy, MI; top‑ranked city.
    • Prominent signage visible from I‑75.
    • Close proximity to I‑75.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Upsource Partners Bookkeeping Service Parsons Transportation Group Engineering Consultant Malissa Wood, MA Psychologist Cheryl E. Gawlik, ... Psychologist Cindy L. Parks, ... Psychologist

    Suggested Use

    Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Realty agency Daycare Center Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.164995726654
    Latitude
    42.562027045756

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    FAQs

    What type of property is this?
    Office Property / Space - High-Occupancy, Prime Troy Location
    Where is this office property / space located?
    The property is located at 888 Big Beaver Rd Troy, MI.
    What is the asking price?
    The asking price for this property is $52,171,000.
    What are key features of this property?
    This property features: 90% occupied, 5-10 year lease terms, 32 tenants.; Four anchor tenants: Sevenco, Trion Solutions, The Melting Pot, and Red Effect.; 1,100 feet of frontage on Big Beaver Road.
    (248) 226-1610
    Request Owner's contact information
    888 Big Beaver Rd Troy, MI 48084
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    Troy, MI 48084
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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
    888 Big Beaver Rd Troy, MI 48084
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