Contact Property

North Troy Corporate Park - 5750 New King Drive

Off-Market

5750 New King Drive, Troy, MI 48098

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 89,039 SF
  • Lot Size 6.57 Acre
  • Parking Spaces Avail. 382
  • Parking Ratio 4.30 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989

Location

  • Walk Score ® Car-Dependent (17)
  • Bike Score ® Bikeable (50)
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48098
  • Market Detroit

Points of Interest

Troy

4.27 miles

Pontiac

6.55 miles

Royal Oak

7.92 miles

Sunoco

3.64 miles

eVgo

7.24 miles

Mobil

7.57 miles

Valero

7.78 miles

Mobil

8.11 miles

Mobil

8.31 miles

Speedway

8.93 miles

Marathon

9.22 miles

Mobil

9.22 miles

Sun Country

9.42 miles

Lot 14 Student and Visitor Parking

3.98 miles

Lot 5 Staff Parking

4.05 miles

Lot 22

4.63 miles

FCA Visitor Parking

4.85 miles

P37

5.16 miles

P1

5.62 miles

Strip mall parking

6.00 miles

Pine Tree Apartments Parking

6.47 miles

Parking - Hart Middle School

7.20 miles

Parking Lot D

9.59 miles

Sonesta Simply Suites

3.16 miles

Homewood Suites

4.02 miles

The Townsend Hotel

4.59 miles

Rodeway Inn

5.48 miles

Extended Stay America - Detroit - Madison Heights

5.55 miles

Hampton Inn Detroit/Madison Heights/South Troy

5.65 miles

War-Del

7.53 miles

Super 8

8.18 miles

Extended Stay America

8.46 miles

King Richard Motel

8.65 miles

Honey Tree Grille

2.35 miles

Clean Juice

2.79 miles

Alex's of Rochester Family Dining

2.92 miles

Crispelli’s Bakery & Pizzeria

3.24 miles

Dimitri's Opa Restaurant

3.43 miles

Insalata

4.04 miles

Salvatore Scallopini

4.31 miles

Wendy's

5.43 miles

Makimoto

5.71 miles

Four Corners

6.67 miles

Michigan State University Management Education Center

0.24 miles

Walsh College

2.32 miles

Charles L Bowers School Farm

2.45 miles

Oakland Community College District Office

3.85 miles

Oakland Community College Auburn Hills Campus

4.16 miles

Western Michigan University Cooley Law School Auburn Hills Campus

4.49 miles

Cranbrook Academy of Art

4.67 miles

Oakland University

4.85 miles

Rochester University

4.90 miles

Frances M. Moceri Scholars House

5.65 miles

The Learning Experience - Troy

0.09 miles

The Learning Center

0.09 miles

Boys & Girls Club of Troy

3.76 miles

Gateway Country Day & Child Care Center

5.03 miles

Lowry Childcare Center

5.18 miles

Bright Horizons at St. Joseph Mercy Hospital Oakland

5.47 miles

Bloomin' Kids Preschool at Conant

6.72 miles

Green Garden Child Development Center

7.85 miles

Harmony Montessori Center

8.13 miles

Stepping Out On Faith Learning Center & Childcare

8.34 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

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
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 27 Jan, 2014
  • 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* $7,717,660
  • Assessed Value $7,717,660

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 North Troy Corporate Park - 5750 New King Drive?

North Troy Corporate Park - 5750 New King Drive totals 89,039 square feet.

When was this property built?

North Troy Corporate Park - 5750 New King Drive was built in 1989.

When was North Troy Corporate Park - 5750 New King Drive last sold?

North Troy Corporate Park - 5750 New King Drive was last sold on 27 Jan, 2014.

What is the market value for North Troy Corporate Park - 5750 New King Drive?

The market value* for North Troy Corporate Park - 5750 New King Drive in 2022 was $7,717,660.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.