5607 New King Dr Troy, MI 48098-2661
North Troy Corporate Park offers exceptional executive office space for lease in Troy, Michigan. This Class B building, located at 5607 New King Dr, 48098, boasts a total of 20,904 square feet, with a significant 28,441 square feet currently vacant. The property is ideally suited for businesses seeking flexible space options, with units ranging from a minimum of 1,248 square feet to a maximum contiguous space of 12,703 square feet. Seven individual suites are currently available, providing ample opportunity for businesses of various sizes to establish a presence in this thriving Michigan location. The building's multiple tenancy structure ensures a diverse and vibrant community of professionals. The property's convenient location in Troy offers easy access to major transportation routes, enhancing connectivity and accessibility for employees and clients alike. This is a fantastic opportunity to secure high-quality office space in a well-established business park. Interested parties are encouraged to inquire about available suites and lease terms. The property's latitude and longitude coordinates are 42.6011471, -83.1732172 respectively.
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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
R-C · 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.