164 Indusco Court

Off-Market

164 Indusco Court, Troy, MI 48083

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

  • Property Type Industrial - Flex - Industrial
  • Property Size 136,460 SF
  • Lot Size 8 Acre
  • Parking Spaces Avail. 380
  • Parking Ratio 2.79 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1968

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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Brokers

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Documents

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Sales

  • Purchase Date 25 Aug, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity 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.

  • 2022 Avg. Asking Rent $20.14
  • 2022 Office Vacancy Rate 27.57%
  • 2022 Office Completions (SF)

Troy Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $97.30
  • Y-o-Y Avg. PpSF Change 13.32%
  • 2022 Office Sales Volume $141.4M
  • 2022 Number of Transactions 8
View more Troy market trends

Location

Getting Around

  • Walk Score ®

    36/100 Car-Dependent
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Royal Oak

    4.29 miles

  • Troy

    5.01 miles

  • CDM Transport LLC

    9.59 miles

  • Mobil

    0.30 miles

  • Speedway

    0.32 miles

  • BP

    0.36 miles

  • Mobil

    0.70 miles

  • Amoco

    0.75 miles

  • BP

    1.16 miles

  • Marathon

    1.16 miles

  • Mobil

    1.16 miles

  • Sam's Club

    1.19 miles

  • Shell

    1.22 miles

  • Parking Garage

    3.16 miles

  • Parking Garage

    3.18 miles

  • Parking Garage

    3.44 miles

  • Parking Garage

    3.47 miles

  • Main North Garage

    4.05 miles

  • Lafayette Avenue Parking Structure

    4.37 miles

  • Woodward Parking Lot

    4.98 miles

  • Water Tower Parking Lot

    4.99 miles

  • Somerset Parking Lot

    5.01 miles

  • North Parking Deck

    5.18 miles

  • Erma's Frozen Custard

    0.40 miles

  • Pizza Hut

    0.55 miles

  • Burger King

    0.67 miles

  • Chipotle

    0.69 miles

  • Jersey Mike's Subs

    0.69 miles

  • Pizza Hut

    0.69 miles

  • Sonic

    0.69 miles

  • Sala Thai II

    0.72 miles

  • Taco Bell

    0.77 miles

  • Wendy's

    0.78 miles

  • Gordon Food Service

    0.85 miles

  • Big Lots

    0.87 miles

  • 168 Asian Mart

    0.89 miles

  • Oakland Mall

    0.91 miles

  • Polish Market

    0.92 miles

  • China Town Market

    0.92 miles

  • JCPenney

    0.93 miles

  • Meijer

    0.95 miles

  • Polish Cultural Center

    0.96 miles

  • Tienda Mexicana

    0.96 miles

  • AccelerateKID

    1.12 miles

  • Rite Aid

    1.20 miles

  • Madison Heights City Fire Department

    1.23 miles

  • CVS Pharmacy

    1.27 miles

  • Madison Heights Police Department

    1.31 miles

  • Henry Ford Medical Center - Sterling Heights

    1.40 miles

  • CVS Pharmacy

    1.49 miles

  • Walgreens

    1.75 miles

  • CVS Pharmacy

    1.99 miles

  • Walgreens

    2.10 miles

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 25 Aug, 2022.

What is the market value for 164 Indusco Court?

The market value* for 164 Indusco Court in 2023 was $8,633,940.
*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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