Troy, MI Manufacturing Properties for Lease
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Manufacturing properties for Lease in Nearby Cities
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Troy, MI Manufacturing properties Lease Rates & Market Statistics
Explore 3 Manufacturing properties for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 62,960 square feet of properties.
Asking lease rates for Manufacturing properties in Troy start at $8.95 SF/Yr, average $9.22 SF/Yr, and reach $9.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $9.22 SF/Yr is 5% below the Michigan state average of $9.71 SF/Yr.
Troy accounts for 9% of the 32 manufacturing properties currently available across Oakland County, where nearby markets include Madison Heights and Pontiac. Manufacturing properties are one of the more limited space types in Troy, with just 3 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Flex space (25 listings) and Other industrial properties (5 listings) elsewhere in the Troy market.