Columbia Center III

Off-Market

305 West Big Beaver Road, Troy, MI 48084

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

  • Property Type Office - General Office
  • Property Size 78,961 SF
  • Lot Size 3.62 Acre
  • Parking Spaces Avail. 323
  • Parking Ratio 4.10 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1998

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 27 Jul, 2010
  • 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.

  • 2021 Avg. Asking Rent $21.25
  • 2021 Office Vacancy Rate 27.76%
  • 2021 Office Completions (SF)
View more Troy market trends

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent
  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48084
  • Market Detroit

Points of Interest

  • Troy

    2.32 miles

  • Royal Oak

    4.95 miles

  • Pontiac

    8.69 miles

  • Sunoco

    0.62 miles

  • BP

    0.78 miles

  • Citgo

    0.88 miles

  • Exxon

    1.08 miles

  • Mobil

    1.10 miles

  • BP

    1.13 miles

  • Speedway

    1.32 miles

  • Sunoco

    1.40 miles

  • BP

    1.52 miles

  • Shell

    1.71 miles

  • Somerset Parking Lot

    1.61 miles

  • SP Parking

    3.37 miles

  • North Parking Deck

    3.63 miles

  • Valet

    3.66 miles

  • West Parking Deck (Employee only)

    3.80 miles

  • (Employee only)

    3.84 miles

  • South Parking Deck

    3.87 miles

  • Employee and Student Parking (south)

    3.97 miles

  • Car Pool Parking

    4.40 miles

  • Student Parking

    4.68 miles

  • Drury Inn & Suites

    0.08 miles

  • Detroit Marriott Troy

    0.18 miles

  • Hawthorn Suites

    0.38 miles

  • Sonesta Simply Suites

    0.45 miles

  • Hilton Garden Inn

    0.48 miles

  • Hampton Inn & Suites

    0.52 miles

  • Home2 Suites by Hiton Troy

    0.58 miles

  • Home2 Suites

    0.89 miles

  • Holiday Inn Detroit-Troy

    1.10 miles

  • Red Roof Inn Detroit - Troy

    1.21 miles

  • Fogo de Chão

    0.04 miles

  • TGI Friday's

    0.11 miles

  • 200 west

    0.19 miles

  • Kona Grill

    0.29 miles

  • Alex's Royal Grill

    0.31 miles

  • Cooper's Hawk

    0.43 miles

  • Ruth Chris' Steak House

    0.45 miles

  • Carrabba's Italian Grill

    0.47 miles

  • Dave's Hot Chicken

    0.48 miles

  • Sedona Taphouse

    0.49 miles

  • Multimedia Makeup Academy

    0.25 miles

  • Oakland Children's Academy

    0.76 miles

  • Northwood University - Troy MI

    0.85 miles

  • Motor City Church

    0.86 miles

  • Morse Elementary School

    0.90 miles

  • Wattles Elementary School

    1.02 miles

  • Walsh College

    1.03 miles

  • Brookfield Academy Troy

    1.14 miles

  • Schalm Elementary School

    1.38 miles

  • Boulan Park Middle School

    1.43 miles

  • Gateway Country Day & Child Care Center

    2.00 miles

  • Boys & Girls Club of Troy

    2.44 miles

  • The Learning Center

    2.96 miles

  • The Learning Experience - Troy

    2.96 miles

  • Green Garden Child Development Center

    5.03 miles

  • Harmony Montessori Center

    5.45 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.65 miles

  • Bloomin' Kids Preschool at Conant

    6.96 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    7.26 miles

  • Small Wonders

    7.27 miles

Frequently Asked Questions

What is the total square footage of Columbia Center III?

Columbia Center III totals 78,961 square feet.

When was this property built?

Columbia Center III was built in 1998.

When was Columbia Center III last sold?

Columbia Center III was last sold on 27 Jul, 2010.

What is the market value for Columbia Center III?

The market value* for Columbia Center III in 2022 was $8,840,320.
*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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