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164 Indusco Court

Off-Market

164 Indusco Court, Troy, MI 48083

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  • Property Type Industrial - Manufacturing
  • Property Size 136,460 Sqft
  • Lot Size 8 Acre
  • Parking Spaces Avail. 320
  • Parking Ratio 2.35/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1968

Location

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

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 14 Aug, 2018
  • Purchase Price $6,875,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date

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 %
View more Troy market trends

Tax

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Frequently Asked Questions

What is the total square footage of 164 Indusco Court?

164 Indusco Court totals 136,460 square feet.

When was this property built?

164 Indusco Court was built in 1968.

When was 164 Indusco Court last sold?

164 Indusco Court was last sold on 14 Aug, 2018.

What was the last purchase price for 164 Indusco Court?

164 Indusco Court was last sold for $6,875,000.

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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.