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Somerset Collection North - Nordstrom

Off-Market

2850 West Big Beaver Road, Troy, MI 48084

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  • Property Type Retail - Super Regional Mall
  • Property Size 254,457 SF
  • Lot Size 2 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1995

Location

  • Walk Score ® Car-Dependent (44)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48084
  • Market Detroit

Points of Interest

Troy

1.42 miles

Royal Oak

5.45 miles

Pontiac

7.27 miles

BP

3.68 miles

Mobil

3.72 miles

Mobil

5.05 miles

Sunoco

6.45 miles

Mobil

7.25 miles

Ferndale Public Library

7.60 miles

BP

7.83 miles

eVgo

7.99 miles

Mobil

8.09 miles

Shell

8.19 miles

Lot 6 Student and Visitor Parking

5.99 miles

Lot 14 Student and Visitor Parking

6.03 miles

Lot 1 Student and Visitor Parking

6.14 miles

Lot 11

6.18 miles

10 Mile Parking Lot

6.27 miles

Parking Lot C

6.79 miles

P34

7.61 miles

P43

7.75 miles

P17

7.89 miles

Rochester Mills Building parking

8.61 miles

Kalamata Greek Cafe

0.90 miles

Five Guys

1.21 miles

Dunkin'

2.27 miles

Breakaway Deli

2.66 miles

MOD Pizza

3.17 miles

Clark's Ice Cream & Yogurt

4.13 miles

Dixie Moon Saloon

5.50 miles

Bruegger's Bagels

5.54 miles

Comet Burgers;FedEx Office

5.54 miles

American Coney Island

6.06 miles

Somerset Collection North

0.06 miles

Amazon 4-star

0.06 miles

Somerset Collection South

0.22 miles

Target

1.26 miles

Kroger

1.42 miles

Papa Joe's

1.85 miles

Sunset Plaza Shopping Center

2.88 miles

Oakland Mall

4.20 miles

Target

4.63 miles

Tienda Mexicana

4.79 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

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.

  • 2020 Avg. Asking Rent $21.61
  • 2020 Office Vacancy Rate 21.54%
  • 2020 Office Completions (SF)
View more Troy market trends

Tax

  • Market Value* $15,462,440
  • Assessed Value $15,462,440

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 Somerset Collection North - Nordstrom?

Somerset Collection North - Nordstrom totals 254,457 square feet.

When was this property built?

Somerset Collection North - Nordstrom was built in 1995.

What is the market value for Somerset Collection North - Nordstrom?

The market value* for Somerset Collection North - Nordstrom in 2022 was $15,462,440.
*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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