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Elmwood Avenue Office Space Available
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667 Elmwood Ave, Troy, MI 48083

Upgraded office space with open plan and on-site parking.

Space Size3,800 SF
Property Size20,380 SF
Days on Market1566

Property Features for 667 Elmwood Ave

General Information

Standard status Active
Size 3,800 SF
Class B
Property subtype Office, Industrial
Lease Type Full Service

Building Details

Building Size 20,380 SF
Year Built 1990
Tenancy Multiple

Spaces For Lease

at 667 Elmwood Ave Contact us

2nd Floor

Size
3,800 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Dave Miller · License #MI 6502106251
Source: Crexi
Added: May 24, 2022 Changed: Sep 3 Last Checked: Sep 2 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates

Investment Insights

Based on property information with market context.

The available space, located on the second floor of a two-story building, features upgraded engineering and an open plan layout. The building includes a skylit, two-story lobby and elevator service. The space contains three rooms or offices, along with a sink and cabinetry. On-site parking is available. Lease terms are negotiable. The property can be used as office, flex space, or industrial space.

Key Highlights

  • Upgraded engineering and open plan space
  • Elevator‑served for easy access
  • Nice image building featuring a skylit 2‑story lobby

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Bakery Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

938
Businesses Nearby

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value

Market

Lease Benchmarks for Troy, MI

$18.64 /SF/Yr
Avg Asking Price
$6–$35.53 /SF/Yr
Price Range
21,828 SF
Avg Space Size

This space is priced 31% below the average of $18.64 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Upgraded office space with open plan and on-site parking.
Where is this office units located?
The property is located at 667 Elmwood Ave Troy, MI.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: Upgraded engineering and open plan space; Elevator‑served for easy access; Nice image building featuring a skylit 2‑story lobby
More about this property
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