Property profile

2800 Livernois Rd Troy, MI 48083

FOR LEASE
Commercial real estate
Property ID
US43-1495166
150,239 SF 10.7 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office campus, located at 2800 Livernois Rd, Troy, MI 48083, offers a total of 286,166 square feet of premium office space across two six-story buildings. Situated on 10.7 acres with excellent I-75 visibility and convenient access via Big Beaver Road, this property boasts a multitude of amenities. The space is divisible to a minimum of 2,400 square feet and offers contiguous space up to 24,020 square feet, making it suitable for a variety of business needs. Built in 1987 and extensively renovated in 2019, the property features over $8 million in upgrades. These improvements include stunning new lobbies, restrooms, elevators, and building corridors, as well as modern touchscreen directories, a state-of-the-art presentation/conference center, a fully equipped fitness center, and two full-service cafeterias. The property includes 1150 parking spaces and is zoned OSC (Oakland County Specific Zoning). The initial rental rate is $9.00 per square foot, plus electricity, for the first year, increasing to $17.95 per square foot, plus electricity, in the second year, with $.50 annual increases thereafter. A 66-month lease term is subject to approval. This is a truly remarkable opportunity to secure high-quality office space in a prime Troy location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Total area 150,239 SF
Lot 10.7 ac (466,092 SF)
Zoning code O-S-C
APN 88-20-27-102-026
UPID US43-1495166

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Construction Company General Contractor
  • (Bike/Boat/Book/etc) Store
  • Atm
  • Industrial Manufacturer Production Facility

Location

2800 Livernois Rd Troy, MI 48083
Troy metro Census 197500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$31.75M
Blend (final) Blend
$31.75M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O-S-C · Troy, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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