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Sunset Plaza Shopping Center

Off-Market

31 East Long Lake Road, Troy, MI 48085

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  • Property Type Retail - Community Center
  • Property Size 132,582 SF
  • Lot Size 8.92 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1973

Location

  • Walk Score ® Somewhat Walkable (55)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48085
  • Market Detroit

Points of Interest

Troy

4.12 miles

Royal Oak

7.19 miles

Pontiac

7.83 miles

Mobil

0.11 miles

Marathon

0.90 miles

Kroger

0.96 miles

Sunoco

1.00 miles

Shell

1.51 miles

BP

1.65 miles

BP

1.79 miles

Sunoco

1.97 miles

Clark

2.23 miles

Kroger

2.28 miles

Somerset Parking Lot

2.72 miles

QPark

3.28 miles

Car Pool Parking

3.30 miles

Leach Road Trailhead Parking Lot

4.18 miles

SP Parking

4.66 miles

Eagle's Landing Kayak & Canoe Launch Site

4.93 miles

Lot 7 Student and Visitor Parking

5.20 miles

Lot 8 Staff and Disabled Parking

5.22 miles

Lot 14 Student and Visitor Parking

5.22 miles

Lot 9 Student and Visitor Parking

5.26 miles

Kim's

0.14 miles

Breakaway Deli

0.18 miles

Little Caesars

0.20 miles

Grand Azteca

0.88 miles

Peppy's Pizza

0.89 miles

Tom Sushi

0.94 miles

Subway

0.97 miles

McDonald's

0.98 miles

Chipotle

1.02 miles

Paradise Biryani Troy

1.03 miles

Kroger

0.01 miles

Sunset Plaza Shopping Center

0.06 miles

Nino Salvaggio's

2.09 miles

Kroger

2.28 miles

Macy's

2.72 miles

Kroger

2.74 miles

Somerset Collection North

2.80 miles

Amazon 4-star

2.81 miles

Nordstrom

2.84 miles

Neiman Marcus

2.89 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

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.

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

Tax

  • Market Value* $8,153,380
  • Assessed Value $8,153,380

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 Sunset Plaza Shopping Center?

Sunset Plaza Shopping Center totals 132,582 square feet.

When was this property built?

Sunset Plaza Shopping Center was built in 1973.

What is the market value for Sunset Plaza Shopping Center?

The market value* for Sunset Plaza Shopping Center in 2021 was $8,153,380.
*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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