1400 Stephenson Hwy

Off-Market

1400 Stephenson Hwy, Troy, MI 48084

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 73,375 SF
  • Lot Size 5.19 Acre
  • Parking Spaces Avail. 190
  • Parking Ratio 2.60 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1985

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 11 Apr, 2014
  • 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.

  • 2021 Avg. Asking Rent $21.25
  • 2021 Office Vacancy Rate 27.76%
  • 2021 Office Completions (SF)
View more Troy market trends

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48084
  • Market Detroit

Points of Interest

  • Troy

    3.66 miles

  • Royal Oak

    4.19 miles

  • CDM Transport LLC

    9.61 miles

  • Sunoco

    0.23 miles

  • Shell

    0.28 miles

  • BP

    0.60 miles

  • Marathon

    0.66 miles

  • Speedway

    0.71 miles

  • Mobil

    0.86 miles

  • Mobil

    1.02 miles

  • Amoco

    1.04 miles

  • Citgo

    1.17 miles

  • Sunoco

    1.21 miles

  • Somerset Parking Lot

    3.52 miles

  • Main North Garage

    4.00 miles

  • North Parking Deck

    4.19 miles

  • Valet

    4.25 miles

  • Lafayette Avenue Parking Structure

    4.27 miles

  • South Parking Deck

    4.37 miles

  • West Parking Deck (Employee only)

    4.41 miles

  • (Employee only)

    4.43 miles

  • Employee and Student Parking (south)

    4.44 miles

  • Parking Garage

    4.64 miles

  • Tru by Hilton Troy Detroit

    0.25 miles

  • Courtyard by Marriott

    0.26 miles

  • Holiday Inn Express and Suites

    0.59 miles

  • TownePlace Suites Detroit Troy

    0.70 miles

  • Fairfield Inn & Suites Detroit Troy

    0.75 miles

  • Red Roof Inn Detroit - Troy

    0.86 miles

  • Baymont by Wyndham Madison Heights Detroit Area

    0.93 miles

  • Days Inn & Suites by Wyndham Madison Heights MI

    0.96 miles

  • Rodeway Inn

    0.98 miles

  • Extended Stay America - Detroit - Madison Heights

    0.99 miles

  • Mon Jin Lau

    0.26 miles

  • Lebanese Grill

    0.66 miles

  • Hippo's Hotdogs

    0.68 miles

  • Rib City

    0.68 miles

  • New York Red Hots Coney Island

    0.86 miles

  • Applebee's

    0.87 miles

  • Twin Peaks

    0.88 miles

  • Chili's

    0.89 miles

  • McDonald's

    0.90 miles

  • Outback Steakhouse

    0.94 miles

  • Troy Career Center

    0.46 miles

  • Morse Elementary School

    1.10 miles

  • Troy Continuing Education

    1.15 miles

  • Troy College and Career High School

    1.16 miles

  • Guardian Angels School

    1.32 miles

  • Lamphere High School

    1.50 miles

  • Susick Elementary School

    1.51 miles

  • Baker Middle School

    1.52 miles

  • International Academy East

    1.52 miles

  • Clawson Middle School

    1.63 miles

  • Gateway Country Day & Child Care Center

    1.39 miles

  • Boys & Girls Club of Troy

    1.98 miles

  • The Learning Center

    4.64 miles

  • The Learning Experience - Troy

    4.65 miles

  • Green Garden Child Development Center

    4.68 miles

  • Small Wonders

    5.29 miles

  • Harmony Montessori Center

    5.33 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.49 miles

  • Early Childhood Center

    5.82 miles

  • Nature's Playhouse

    6.59 miles

Frequently Asked Questions

What is the total square footage of 1400 Stephenson Hwy?

1400 Stephenson Hwy totals 73,375 square feet.

When was this property built?

1400 Stephenson Hwy was built in 1985.

When was 1400 Stephenson Hwy last sold?

1400 Stephenson Hwy was last sold on 11 Apr, 2014.

What is the market value for 1400 Stephenson Hwy?

The market value* for 1400 Stephenson Hwy in 2022 was $5,294,540.
*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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