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2240 Cunningham Drive

Off-Market

2240 Cunningham Drive, Troy, MI 48084

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  • Property Type Industrial
  • Property Size 89,158 SF
  • Lot Size 4 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999

Location

  • Walk Score ® Car-Dependent (14)
  • Bike Score ® Somewhat Bikeable (36)
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48084
  • Market Detroit

Points of Interest

Troy

1.55 miles

Royal Oak

5.71 miles

Pontiac

6.94 miles

Exxon

2.65 miles

Speedway

3.23 miles

Sunoco

3.74 miles

Speedway

4.24 miles

Mobil

7.03 miles

7-Eleven

7.48 miles

Sunoco

7.81 miles

Ferndale Public Library

7.86 miles

eVgo

8.28 miles

Citgo

9.19 miles

Somerset Parking Lot

0.41 miles

West Parking Deck (Employee only)

3.42 miles

North Campus Associate Parking

5.62 miles

Deck 20/21

6.51 miles

P9

7.97 miles

Church parking lot

8.03 miles

Visitor's Parking

8.50 miles

Lot 13

8.69 miles

Parking Lot closest to Auditorium/Theater

9.86 miles

Parking Lot D

10.00 miles

Romira's City Grill

1.30 miles

Ruth Chris' Steak House

1.59 miles

Townhouse

1.76 miles

Rio Wraps

1.79 miles

Pizza Hut

3.17 miles

Dunkin' Donuts

4.98 miles

Dairy Queen

5.06 miles

McDonald's

5.42 miles

Megha's Athidhi Indian Cuisine

5.46 miles

Chipotle

5.70 miles

Nordstrom

0.34 miles

Amazon 4-star

0.41 miles

Somerset Collection South

0.54 miles

Whole Foods Market

1.26 miles

Target

1.40 miles

Papa Joe's

1.82 miles

Sunset Plaza Shopping Center

3.00 miles

Woodward Corner Market

3.34 miles

Oakland Mall

4.55 miles

Big Lots

4.88 miles

Troy Fire Station 3

0.72 miles

Holistically Well

1.64 miles

Adams Station

1.66 miles

Birmingham Police Department

1.80 miles

Children's Hospital of Michigan Troy

1.98 miles

Rite Aid

2.65 miles

Royal Oak Fire Station 2

3.26 miles

Troy Fire Station 1

3.30 miles

Beverly Hills Police Station

3.82 miles

Rite Aid

3.88 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

Tax

  • Market Value* $4,324,660
  • Assessed Value $4,324,660

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 2240 Cunningham Drive?

2240 Cunningham Drive totals 89,158 square feet.

When was this property built?

2240 Cunningham Drive was built in 1999.

What is the market value for 2240 Cunningham Drive?

The market value* for 2240 Cunningham Drive in 2022 was $4,324,660.
*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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