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1200 Stephenson Hwy

Off-Market

1200 Stephenson Hwy, Troy, MI 48083

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  • Property Type Office - General Office
  • Property Size 25,025 Sqft
  • Lot Size 2 Acre
  • Parking Spaces Avail. 107
  • Parking Ratio 4.30/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1980

Location

  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 30 Jan, 2013
  • Purchase Price $825,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Troy

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Troy Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.61
  • 2020 Office Vacancy Rate 21.54 %
  • 2020 Office Completions (Sqft)
View more Troy market trends

Tax

  • Market Value $2,156,920
  • Assessed Value $2,156,920

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1200 Stephenson Hwy?

1200 Stephenson Hwy totals 25,025 square feet.

When was this property built?

1200 Stephenson Hwy was built in 1980.

When was 1200 Stephenson Hwy last sold?

1200 Stephenson Hwy was last sold on 30 Jan, 2013.

What was the last purchase price for 1200 Stephenson Hwy?

1200 Stephenson Hwy was last sold for $825,000.

What is the market value for 1200 Stephenson Hwy?

The market value for 1200 Stephenson Hwy in 2021 was $2,156,920.

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