Oakland Office Commons

Off-Market

1225 East Big Beaver Road, Troy, MI 48083

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 90,540 SF
  • Lot Size 7.17 Acre
  • Parking Spaces Avail. 575
  • Parking Ratio 6.36 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

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 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.

  • 2022 Avg. Asking Rent $20.14
  • 2022 Office Vacancy Rate 27.57%
  • 2022 Office Completions (SF)

Troy Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $97.30
  • Y-o-Y Avg. PpSF Change 13.32%
  • 2022 Office Sales Volume $141.4M
  • 2022 Number of Transactions 8
View more Troy market trends

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Troy

    3.78 miles

  • Royal Oak

    5.33 miles

  • Pontiac

    9.86 miles

  • Sunoco

    0.44 miles

  • BP

    0.63 miles

  • Shell

    0.76 miles

  • Speedway

    0.77 miles

  • Shell

    0.96 miles

  • Shell

    1.02 miles

  • Sunoco

    1.07 miles

  • Speedway

    1.20 miles

  • Marathon

    1.27 miles

  • BP

    1.28 miles

  • Somerset Parking Lot

    3.12 miles

  • QPark

    3.96 miles

  • North Parking Deck

    4.79 miles

  • Valet

    4.84 miles

  • SP Parking

    4.91 miles

  • West Parking Deck (Employee only)

    4.99 miles

  • South Parking Deck

    5.01 miles

  • (Employee only)

    5.02 miles

  • Employee and Student Parking (south)

    5.09 miles

  • Main North Garage

    5.16 miles

  • Holiday Inn Detroit-Troy

    0.65 miles

  • Red Roof Inn Detroit - Troy

    0.67 miles

  • Courtyard by Marriott

    0.99 miles

  • Tru by Hilton Troy Detroit

    1.03 miles

  • Hawthorn Suites

    1.25 miles

  • Detroit Marriott Troy

    1.47 miles

  • Drury Inn & Suites

    1.62 miles

  • Holiday Inn Express and Suites

    1.84 miles

  • Hilton Garden Inn

    1.93 miles

  • TownePlace Suites Detroit Troy

    1.94 miles

  • Taco Bell

    0.31 miles

  • McDonald's

    0.35 miles

  • Burger King

    0.38 miles

  • Panera Bread

    0.44 miles

  • 2Booli

    0.44 miles

  • First Watch

    0.47 miles

  • Smashburger

    0.52 miles

  • Pei Wei

    0.53 miles

  • Joe Kool's

    0.57 miles

  • Olga's Kitchen

    0.59 miles

  • Baker Middle School

    0.28 miles

  • Troy Continuing Education

    0.29 miles

  • Troy College and Career High School

    0.30 miles

  • International Academy East

    0.31 miles

  • Morse Elementary School

    0.89 miles

  • Wattles Elementary School

    1.05 miles

  • Barnard Elementary School

    1.07 miles

  • Athens High School

    1.24 miles

  • Oakland Children's Academy

    1.27 miles

  • Motor City Church

    1.32 miles

  • Boys & Girls Club of Troy

    0.99 miles

  • Gateway Country Day & Child Care Center

    2.31 miles

  • The Learning Center

    3.56 miles

  • The Learning Experience - Troy

    3.57 miles

  • Green Garden Child Development Center

    5.70 miles

  • Small Wonders

    6.08 miles

  • Harmony Montessori Center

    6.27 miles

  • Stepping Out On Faith Learning Center & Childcare

    6.45 miles

  • Early Childhood Center

    6.99 miles

  • Nature's Playhouse

    7.79 miles

Frequently Asked Questions

What is the total square footage of Oakland Office Commons?

Oakland Office Commons totals 90,540 square feet.

When was this property built?

Oakland Office Commons was built in 1986.

What is the market value for Oakland Office Commons?

The market value* for Oakland Office Commons in 2023 was $2,298,520.
*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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