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    1150 Stephenson Hwy Troy, MI 48083

    Sponsored
    For Lease
    $16 SF/Yr

    High-visibility office space, I-75 access

    Lot size:
    18,131 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office building, situated on 1.7 acres in Oakland County's Research Center District (RC zoning), offers two immediately available suites totaling 5,000 square feet of vacant space. The entire single-story building comprises 18,131 square feet, constructed in 1982 and extensively renovated in 2018, showcasing high-end finishes. Suites are divisible to a minimum of 2,000 square feet and a maximum contiguous space of 3,000 square feet. The property boasts unparalleled visibility from I-75, a major expressway with over 131,000 vehicles passing daily, providing significant signage opportunities. Ample parking is available with 72 spaces. The building's prime location offers close proximity to major automotive suppliers. The asking price is $16.00 per square foot gross, plus electricity. All existing furniture is available for purchase. This Class C building presents a unique opportunity for businesses seeking a prominent and well-appointed office space in a thriving location. The property's APN is 20-35-126-019.

    Property Features for 1150 Stephenson Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,131 SF
    Class
    C
    Total Rate
    24174.67

    Building Details

    Year Built/Renovated
    1982/2018
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    3,000 SF
    Rate per SF
    $16
    Space
    Suite A
    Size
    2,000 SF
    Rate per SF
    $16

    HighLights

    • 18,131 SF office building with 5,000 SF of vacant space available.
    • Two suites available, 2,000 SF and 3,000 SF minimum divisible space, maximum contiguous space 3,000 SF.
    • $16.00/SF Gross + Electric.
    • High‑end finishes and furniture available.
    • Excellent I‑75 expressway frontage with high visibility.
    • Located in Oakland County, near major automotive suppliers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hwaseung (HS) Automotive ... Business Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -83.1180686
    Latitude
    42.5441398

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    FAQs

    What type of property is this?
    Office Property / Space - High-visibility office space, I-75 access
    Where is this office property / space located?
    The property is located at 1150 Stephenson Hwy Troy, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 18,131 SF office building with 5,000 SF of vacant space available.; Two suites available, 2,000 SF and 3,000 SF minimum divisible space, maximum contiguous space 3,000 SF.; $16.00/SF Gross + Electric.
    Request Owner's contact information
    1150 Stephenson Hwy Troy, MI 48083
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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
    1150 Stephenson Hwy Troy, MI 48083
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