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    1835-1975 Ring Dr Troy, MI 48083

    Sponsored
    For Lease
    $12 SF/Yr

    High-tech flex space for lease in Troy.

    Lot size:
    342,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents 3 available spaces within the prestigious Troy Technology Park, ranging from 5,291 to 40,288 square feet. The property comprises two three-story buildings totaling 342,000 square feet, with 67,918 square feet currently vacant. Built in 1985 and renovated in 2005, the buildings boast a 14-foot ceiling height and are zoned OM and IB in Oakland County. Ideal for R&D, light manufacturing, office, or medical uses, these spaces offer flexible floor plans adaptable to specific tenant needs, including the potential for customized build-outs and the addition of overhead doors. State-of-the-art infrastructure includes fiber-optic internet connectivity. The property features a prominent façade with monument signage along John R or Industrial Drive and ample parking. Competitive lease terms and incentives are available for qualified tenants. The park enjoys a prime location near the Oakland Mall and various restaurants and entertainment venues, and is home to major automotive and technology companies, including Magna Powertrain, LG Energy, LG Electronics, Labcorp Group, and Rousch Industries. This is a high-demand location with excellent access and visibility.

    Property Features for 1835-1975 Ring Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    342,000 SF
    Total Rate
    369075

    Building Details

    Year Built/Renovated
    1985/2005
    Buildings
    2
    Stories
    3

    Unit(s) available at that property

    Space
    Suite H - Building H
    Size
    40,288 SF
    Rate per SF
    $12
    Space
    Suite I150 - Building I
    Size
    22,339 SF
    Rate per SF
    $12
    Space
    Suite J115 - Building J
    Size
    5,291 SF
    Rate per SF
    $12

    HighLights

    • High‑tech industrial and flex space available in the desirable Troy Technology Park.
    • State‑of‑the‑art infrastructure designed for modern high‑tech operations.
    • Flex space suites from 9,000 to 41,000 square feet, with potential overhead doors.
    • Flexible floor plans adaptable for R&D, light manufacturing, office, or medical use; customizable build‑outs available.
    • Competitive lease terms and incentives.
    • Prominent building façade with monument signage on John R or Industrial Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    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
    -83.1090321
    Latitude
    42.5460386

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    FAQs

    What type of property is this?
    Life science property - High-tech flex space for lease in Troy.
    Where is this life science property located?
    The property is located at 1835-1975 Ring Dr Troy, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High-tech industrial and flex space available in the desirable Troy Technology Park.; State-of-the-art infrastructure designed for modern high-tech operations.; Flex space suites from 9,000 to 41,000 square feet, with potential overhead doors.
    Request Owner's contact information
    1835-1975 Ring Dr 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
    1835-1975 Ring Dr Troy, MI 48083
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