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    5607 New King Dr Troy, MI 48098

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Office Space Available Now

    Lot size:
    20,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    North Troy Corporate Park offers exceptional executive office space for lease in Troy, Michigan. This Class B building, located at 5607 New King Dr, 48098, boasts a total of 20,904 square feet, with a significant 28,441 square feet currently vacant. The property is ideally suited for businesses seeking flexible space options, with units ranging from a minimum of 1,248 square feet to a maximum contiguous space of 12,703 square feet. Seven individual suites are currently available, providing ample opportunity for businesses of various sizes to establish a presence in this thriving Michigan location. The building's multiple tenancy structure ensures a diverse and vibrant community of professionals. The property's convenient location in Troy offers easy access to major transportation routes, enhancing connectivity and accessibility for employees and clients alike. This is a fantastic opportunity to secure high-quality office space in a well-established business park. Interested parties are encouraged to inquire about available suites and lease terms. The property's latitude and longitude coordinates are 42.6011471, -83.1732172 respectively.

    Property Features for 5607 New King Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,904 SF
    Class
    B
    Total Rate
    29178.5

    Unit(s) available at that property

    Space
    Suite 155
    Size
    4,054 SF
    Rate per SF
    $16
    Space
    Suite 175
    Size
    2,379 SF
    Rate per SF
    $16
    Space
    Suite 260
    Size
    1,248 SF
    Rate per SF
    $16
    Space
    Suite 290
    Size
    6,790 SF
    Rate per SF
    $16
    Space
    Suite 150/155/175
    Size
    12,703 SF
    Rate per SF
    $16
    Space
    Suite 100
    Size
    7,700 SF
    Rate per SF
    $16
    Space
    Suite 150
    Size
    6,270 SF
    Rate per SF
    $16

    HighLights

    • Up to 12,703 square feet immediately available for lease.
    • First‑floor space available.
    • Recently updated common areas and restrooms.
    • Monument signage opportunity.
    • Daycare located within walking distance.
    • Well‑maintained building with convenient I‑75 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunham's Sports Headquarters Sporting Goods Store Regents Financial Mortgage Broker The Body Principle Integrative ... Wellness Program Loan Craft Loan Agency Little Griddle Innovations Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1732172
    Latitude
    42.6011471

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space Available Now
    Where is this office property / space located?
    The property is located at 5607 New King Dr Troy, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Up to 12,703 square feet immediately available for lease.; First-floor space available.; Recently updated common areas and restrooms.
    Request Owner's contact information
    5607 New King Dr 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
    5607 New King Dr Troy, MI 48098
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