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1895 Stephenson Hwy

Off-Market

1895 Stephenson Hwy, Troy, MI 48083

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  • 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

Location

  • Walk Score ® Car-Dependent (39)
  • Bike Score ® Somewhat Bikeable (35)
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

Speedway

3.32 miles

Exxon

3.44 miles

Exxon

4.44 miles

eVgo

5.28 miles

Blink

5.95 miles

Ferndale Public Library

6.39 miles

BP

6.49 miles

Valero

7.92 miles

Sunoco

7.96 miles

West Parking Deck (Employee only)

4.31 miles

Parking Garage

5.21 miles

US Post Office Parking lLot

6.40 miles

West Parking Structure

8.94 miles

P31

9.14 miles

Strip mall parking

9.20 miles

P26

9.33 miles

P36

9.38 miles

Faculty / Staff Parking Lot H

9.55 miles

P3

9.88 miles

Woodpile BBQ Shack

1.76 miles

Jimmy John's

2.31 miles

Renee's Gourmet Pizzeria

2.33 miles

Sbarro

2.99 miles

Panera Bread

3.14 miles

Whistle Stop

3.55 miles

Little Caesars

3.75 miles

Wendy's

4.05 miles

Leo's Coney Island

4.46 miles

Woodpile BBQ

4.48 miles

JCPenney

1.21 miles

Oakland Mall

1.31 miles

Polish Cultural Center

1.90 miles

Polish Market

1.97 miles

Gordon Food Service

2.41 miles

Marshalls

2.45 miles

Neiman Marcus

2.88 miles

Somerset Collection South

2.96 miles

Sunset Plaza Shopping Center

3.01 miles

Shopping Center

3.02 miles

Troy Fire Station 1

0.79 miles

CVS Pharmacy

1.28 miles

Children's Hospital of Michigan Troy

1.55 miles

Heart and Vascular Specialists

2.21 miles

Madison Heights Police Department

2.29 miles

Royal Oak Fire Station 3

2.44 miles

Troy Fire Station 3

2.72 miles

Troy Fire and Police Training Center

2.82 miles

Walgreens

3.37 miles

Sterling Heights No. 3

3.65 miles

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.

  • 2020 Avg. Asking Rent $21.61
  • 2020 Office Vacancy Rate 21.54%
  • 2020 Office Completions (SF)
View more Troy market trends

Tax

  • Market Value* $9,313,460
  • Assessed Value $9,313,460

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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 2022 was $9,313,460.
*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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