1895 Stephenson Hwy

Off-Market

1895 Stephenson Hwy, Troy, MI 48083

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 112,975 SF
  • Lot Size 10 Acre
  • Parking Spaces Avail. 203
  • Parking Ratio 1.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1967

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 01 Nov, 2002
  • 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 ®

    40/100 Car-Dependent
  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Troy

    3.34 miles

  • Royal Oak

    4.49 miles

  • CDM Transport LLC

    9.88 miles

  • Shell

    0.30 miles

  • Sunoco

    0.34 miles

  • Speedway

    0.41 miles

  • BP

    0.98 miles

  • Marathon

    1.01 miles

  • Citgo

    1.05 miles

  • Sunoco

    1.06 miles

  • Exxon

    1.13 miles

  • Sunoco

    1.18 miles

  • Speedway

    1.23 miles

  • Somerset Parking Lot

    3.03 miles

  • North Parking Deck

    4.10 miles

  • Valet

    4.16 miles

  • South Parking Deck

    4.30 miles

  • West Parking Deck (Employee only)

    4.31 miles

  • Main North Garage

    4.32 miles

  • (Employee only)

    4.34 miles

  • Employee and Student Parking (south)

    4.38 miles

  • Lafayette Avenue Parking Structure

    4.56 miles

  • SP Parking

    4.59 miles

  • Hippo's Hotdogs

    0.32 miles

  • Lebanese Grill

    0.34 miles

  • Mon Jin Lau

    0.34 miles

  • 2Booli

    0.65 miles

  • Burger King

    0.71 miles

  • First Watch

    0.76 miles

  • Pei Wei

    0.78 miles

  • McDonald's

    0.80 miles

  • Panera Bread

    0.85 miles

  • Crispelli’s Bakery & Pizzeria

    0.89 miles

  • JCPenney

    1.21 miles

  • Macy's

    1.24 miles

  • Kroger

    1.25 miles

  • Oakland Mall

    1.31 miles

  • 168 Asian Mart

    1.74 miles

  • Big Lots

    1.76 miles

  • Gordon Food Service

    1.80 miles

  • Polish Cultural Center

    1.90 miles

  • Target

    1.92 miles

  • Polish Market

    1.97 miles

  • Troy Fire Station 1

    0.79 miles

  • CVS Pharmacy

    1.16 miles

  • Henry Ford Medical Center - Troy

    1.24 miles

  • Walgreens

    1.24 miles

  • CVS Pharmacy

    1.28 miles

  • Clawson Police

    1.47 miles

  • AccelerateKID

    1.54 miles

  • Children's Hospital of Michigan Troy

    1.55 miles

  • Clawson Fire Station

    1.64 miles

  • Troy Police Department Administration

    1.69 miles

Frequently Asked Questions

What is the total square footage of 1895 Stephenson Hwy?

1895 Stephenson Hwy totals 112,975 square feet.

When was this property built?

1895 Stephenson Hwy was built in 1967.

When was 1895 Stephenson Hwy last sold?

1895 Stephenson Hwy was last sold on 01 Nov, 2002.

What is the market value for 1895 Stephenson Hwy?

The market value* for 1895 Stephenson Hwy in 2023 was $9,600,640.

*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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