530 Stephenson Hwy Troy, MI 48083
For Lease
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This exceptional 20,400-square-foot executive office building presents a unique investment opportunity in Troy, Michigan. Situated on a generous 1.35-acre lot, the property offers a single-tenant occupancy, providing immediate income potential or the flexibility for owner-occupancy. The building is classified as Class B and boasts a total of 20,400 square feet of vacant, readily available space. Its location in Oakland County, at 530 Stephenson Highway, Troy, MI 48083, offers excellent accessibility and visibility. The property's single-tenant configuration simplifies management and minimizes vacancy risks. This presents a compelling opportunity for businesses seeking a substantial, well-located office space or investors looking for a stable, single-tenant income stream. The building's size and layout are ideal for a variety of corporate uses, offering ample room for expansion or customization. The property is for sale and represents a significant opportunity in the thriving Troy commercial real estate market. The address is easily accessible from major roadways, ensuring convenient commutes for employees and clients. This turnkey solution eliminates the need for extensive renovations or tenant acquisition efforts, making it an attractive option for immediate occupancy or investment. The 1.35-acre lot provides ample parking and potential for future development. Serious inquiries are encouraged to explore this exceptional opportunity further.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Troy, MITroy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.