1250 West 14 Mile Road

1250 West 14 Mile Road, Troy, MI 48083

Off-Market

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  • Property Type Industrial
  • Property Size 61,852 SF
  • Lot Size 5 Acre
  • Parking Spaces Avail. 6
  • Parking Ratio 0.10/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1975

Location

  • Walk Score ® Somewhat Walkable (66)
  • Bike Score ® Bikeable (50)
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

Royal Oak

3.39 miles

Troy

3.55 miles

CDM Transport LLC

8.81 miles

Mobil

0.09 miles

Citgo

0.68 miles

Sunoco

0.70 miles

Amoco

0.75 miles

Mobil

0.79 miles

Sunoco

0.98 miles

Marathon

1.00 miles

Shell

1.02 miles

Speedway

1.10 miles

Sam's Club

1.19 miles

Main North Garage

3.19 miles

Lafayette Avenue Parking Structure

3.47 miles

North Parking Deck

3.72 miles

Somerset Parking Lot

3.75 miles

Valet

3.79 miles

South Parking Deck

3.88 miles

Employee and Student Parking (south)

3.93 miles

West Parking Deck (Employee only)

3.95 miles

(Employee only)

3.96 miles

Student Parking

3.99 miles

Applebee's

0.06 miles

New York Red Hots Coney Island

0.07 miles

McDonald's

0.11 miles

Twin Peaks

0.17 miles

Outback Steakhouse

0.20 miles

Bob Evans

0.50 miles

Steak 'n Shake

0.51 miles

Chili's

0.55 miles

Grand Azteca

0.63 miles

Fuji's Japanese Buffet

0.65 miles

Macy's

0.48 miles

Oakland Mall

0.60 miles

JCPenney

0.65 miles

168 Asian Mart

0.73 miles

Big Lots

0.75 miles

Target

0.84 miles

China Town Market

0.99 miles

Tienda Mexicana

1.01 miles

Meijer

1.51 miles

Gordon Food Service

1.83 miles

AccelerateKID

0.44 miles

CVS Pharmacy

0.65 miles

Madison Heights City Fire Department

1.08 miles

Madison Heights Police Department

1.10 miles

Clawson Fire Station

1.15 miles

CVS Pharmacy

1.26 miles

Clawson Police

1.27 miles

Clawson Police

1.28 miles

Royal Oak Fire Station 3

1.43 miles

Troy Fire Station 1

2.03 miles

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 06 Sep, 2012
  • Purchase Price
  • Arm's Length True
  • 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 (SF)
View more Troy market trends

Tax

  • Market Value* $7,235,900
  • Assessed Value $7,235,900

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1250 West 14 Mile Road?

1250 West 14 Mile Road totals 61,852 square feet.

When was this property built?

1250 West 14 Mile Road was built in 1975.

When was 1250 West 14 Mile Road last sold?

1250 West 14 Mile Road was last sold on 06 Sep, 2012.

What is the market value for 1250 West 14 Mile Road?

The market value* for 1250 West 14 Mile Road in 2021 was $7,235,900.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.