1607 East Big Beaver Road

Off-Market

1607 East Big Beaver Road, Troy, MI 48083

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 58,716 SF
  • Lot Size 4 Acre
  • Parking Spaces Avail. 299
  • Parking Ratio 5.10 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989

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 05 Jun, 2002
  • 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 ®

    48/100 Car-Dependent
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Troy

    4.08 miles

  • Royal Oak

    5.41 miles

  • Shell

    0.44 miles

  • Speedway

    0.45 miles

  • Sunoco

    0.67 miles

  • BP

    0.80 miles

  • Shell

    1.07 miles

  • Shell

    1.09 miles

  • Marathon

    1.10 miles

  • Sunoco

    1.10 miles

  • BP

    1.12 miles

  • Speedway

    1.37 miles

  • Somerset Parking Lot

    3.44 miles

  • QPark

    3.85 miles

  • North Parking Deck

    5.02 miles

  • Valet

    5.07 miles

  • Parking Garage

    5.09 miles

  • SP Parking

    5.22 miles

  • West Parking Deck (Employee only)

    5.23 miles

  • Main North Garage

    5.23 miles

  • South Parking Deck

    5.24 miles

  • (Employee only)

    5.26 miles

  • Red Roof Inn Detroit - Troy

    0.89 miles

  • Holiday Inn Detroit-Troy

    0.90 miles

  • Courtyard by Marriott

    0.99 miles

  • Tru by Hilton Troy Detroit

    1.00 miles

  • Hawthorn Suites

    1.55 miles

  • Detroit Marriott Troy

    1.79 miles

  • Holiday Inn Express and Suites

    1.83 miles

  • Drury Inn & Suites

    1.94 miles

  • TownePlace Suites Detroit Troy

    1.95 miles

  • Fairfield Inn & Suites Detroit Troy

    2.00 miles

  • Smashburger

    0.20 miles

  • Joe Kool's

    0.25 miles

  • Olga's Kitchen

    0.27 miles

  • Buffalo Wild Wings

    0.29 miles

  • Insalata

    0.33 miles

  • Einstein Bros. Bagels

    0.34 miles

  • White Castle

    0.46 miles

  • Taco Bell

    0.59 miles

  • McDonald's

    0.67 miles

  • Burger King

    0.69 miles

  • Troy College and Career High School

    0.10 miles

  • Troy Continuing Education

    0.11 miles

  • International Academy East

    0.34 miles

  • Baker Middle School

    0.37 miles

  • Barnard Elementary School

    0.83 miles

  • Athens High School

    1.15 miles

  • Morse Elementary School

    1.15 miles

  • Susick Elementary School

    1.33 miles

  • Wattles Elementary School

    1.34 miles

  • Noor International Academy

    1.45 miles

  • Boys & Girls Club of Troy

    0.78 miles

  • Gateway Country Day & Child Care Center

    2.45 miles

  • The Learning Center

    3.79 miles

  • The Learning Experience - Troy

    3.80 miles

  • Small Wonders

    5.83 miles

  • Green Garden Child Development Center

    5.83 miles

  • Harmony Montessori Center

    6.43 miles

  • Stepping Out On Faith Learning Center & Childcare

    6.61 miles

  • Early Childhood Center

    6.84 miles

  • Academy 4 Lil' Angels

    7.64 miles

Frequently Asked Questions

What is the total square footage of 1607 East Big Beaver Road?

1607 East Big Beaver Road totals 58,716 square feet.

When was this property built?

1607 East Big Beaver Road was built in 1989.

When was 1607 East Big Beaver Road last sold?

1607 East Big Beaver Road was last sold on 05 Jun, 2002.

What is the market value for 1607 East Big Beaver Road?

The market value* for 1607 East Big Beaver Road in 2022 was $5,930,780.
*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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