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Maple Corporate Center

Off-Market

1414 East Maple Road, Troy, MI 48083

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  • Property Type Office - General Office
  • Property Size 285,000 SF
  • Lot Size 14.56 Acre
  • Parking Spaces Avail. 855
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2001

Location

  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

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 24 Sep, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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* $20,288,320
  • Assessed Value $20,288,320

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 Maple Corporate Center?

Maple Corporate Center totals 285,000 square feet.

When was this property built?

Maple Corporate Center was built in 2001.

When was Maple Corporate Center last sold?

Maple Corporate Center was last sold on 24 Sep, 2012.

What is the market value for Maple Corporate Center?

The market value* for Maple Corporate Center in 2021 was $20,288,320.
*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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