888 Big Beaver Rd Troy, MI 48084
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High-Occupancy, Prime Troy Location
Property size:
297,792 SFProperty 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
Listing Agency: The Jonna Group at Colliers International Listing Agent: Simon Jonna
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Upsource Partners
Accounting Firm
Parsons Transportation Group
Engineering Consultant
Malissa Wood, MA
Physician
Cheryl E. Gawlik, ...
Physician
Cindy L. Parks, ...
Physician
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.