300 Big Beaver Rd Troy, MI 48083
- Commercial real estate
- 464,955 SF
- 20.79 lot acres
Current Use by Public Records
- Deli Square / Food Market / Restaurant
- Dialog Direct / Advertising Agency / Marketing & Advertising
- ATM / Atm
- Ricardo Defense, Inc / Corporate Office
- John Coe, Reverse Mortgage Michigan and National Senior Lending / Loan Service / Bank
Property Details for 300 Big Beaver Rd
- Year built
- 1986
- Lot size
- 20.79 lot acres
- Property size
- 464,955 SF
- Zone code
- O-M
- Property type
- Commercial real estate
- APN
- 88-20-27-126-027
- APU
- 882027126027
Description
This exceptional Class A office building, PentaCentre - Building A, offers 151,462 square feet of prime office space in Troy, Michigan. Located at 300 E Big Beaver Road, near the Big Beaver cross street, this five-story building boasts a prestigious address with excellent I-75 visibility. Built in 1985 and extensively renovated in 2019, the property features over $8 million in upgrades. These improvements include stunning renovations to lobbies, restrooms, elevators, and building corridors, as well as the addition of modern amenities such as touchscreen directories, a presentation/conference center, a fitness center, and two full-service cafeterias. The building sits on 6.92 acres of land and provides ample parking with 1000 spaces. The property is zoned OSC and is ideal for multiple tenants, with a maximum contiguous space of 128,930 square feet. 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. This is a 66-month lease term, subject to approval. Oakland County location offers easy access to major transportation routes and a thriving business community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $63,656,000
- AI Estimate
- $63,656,000
Market price range: $63.7M - $113MMarket price range: $63.7M - $113M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $83,380,000 Current use
- RESTAURANT
- $80,485,000 Change: -3% Conversion: Difficult
- RETAIL STORES
- $78,480,000 Change: -6% Conversion: Easy
- MEDICAL BUILDING
- $73,400,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1411
- Latitude
- 42.5609
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA