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    700 Tower Dr Troy, MI 48098

    Sponsored
    For Lease
    $21 SF/Yr

    Premium Office Suites, Flexible Sizes

    Lot size:
    242,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    North Troy Corporate Park - 700 offers exceptional executive office space in Troy, Michigan. This seven-story building, constructed in 1987, boasts a total of 242,000 square feet, with 40,027 square feet currently vacant and available for lease. The property is zoned R-C and situated at 700 Tower Drive, Troy, MI 48098. Multiple tenancy options are available, catering to businesses of various sizes. Units range from a minimum of 1,934 square feet to a maximum contiguous space of 21,953 square feet, providing flexibility for diverse occupancy needs. The building offers ample parking, with a ratio of 4.3 spaces per 1,000 square feet. Its location in Oakland County provides easy access to major transportation routes and amenities. This prime office location is ideal for businesses seeking a prestigious address and functional workspace. The building's executive office subtype offers a sophisticated and professional environment. The property is part of a larger shopping center, offering added convenience and accessibility for employees and clients. Interested parties are encouraged to inquire about available spaces and lease terms.

    Property Features for 700 Tower Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    242,000 SF
    Total Rate
    433583.33

    Building Details

    Year Built
    1987
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 120
    Size
    8,011 SF
    Rate per SF
    $21
    Space
    Suite 150
    Size
    1,934 SF
    Rate per SF
    $21
    Space
    Suite 210
    Size
    4,885 SF
    Rate per SF
    $21
    Space
    Suite 240
    Size
    15,237 SF
    Rate per SF
    $21
    Space
    Suite 250
    Size
    9,960 SF
    Rate per SF
    $21
    Space
    Suite 210 + 220 + 240
    Size
    21,953 SF
    Rate per SF
    $21

    HighLights

    • High‑profile I‑75 visibility with building signage.
    • Seven‑story, 242,000 square foot office building.
    • Recently renovated lobbies and elevators.
    • High‑speed fiber optics and cable infrastructure.
    • Abundant signage opportunities.
    • Waterfront patio and outdoor seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    NAI Group, LLC Manufacturer HBPO North America ... Manufacturer AmeriSave Mortgage Corporation Mortgage Lender Effyis, Inc. Software Company RCM Technologies Software Company

    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
    -83.1623021
    Latitude
    42.5928309

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    FAQs

    What type of property is this?
    Lifestyle center - Premium Office Suites, Flexible Sizes
    Where is this lifestyle center located?
    The property is located at 700 Tower Dr Troy, MI.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: High-profile I-75 visibility with building signage.; Seven-story, 242,000 square foot office building.; Recently renovated lobbies and elevators.
    Request Owner's contact information
    700 Tower 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
    700 Tower Dr Troy, MI 48098
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