Robbins Executive Park West - 850 Stephenson Hwy

Off-Market

850 Stephenson Hwy, 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 142,100 SF
  • Lot Size 7.53 Acre
  • Parking Spaces Avail. 552
  • Parking Ratio 3.89 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

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 04 Jan, 2000
  • 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
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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 ®

    27/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Troy

    3.70 miles

  • Royal Oak

    4.00 miles

  • CDM Transport LLC

    9.42 miles

  • Sunoco

    0.45 miles

  • Shell

    0.50 miles

  • Mobil

    0.65 miles

  • BP

    0.67 miles

  • Marathon

    0.73 miles

  • Mobil

    0.82 miles

  • Amoco

    0.83 miles

  • Speedway

    0.83 miles

  • Citgo

    1.07 miles

  • Sunoco

    1.10 miles

  • Somerset Parking Lot

    3.65 miles

  • Main North Garage

    3.80 miles

  • Lafayette Avenue Parking Structure

    4.08 miles

  • North Parking Deck

    4.13 miles

  • Valet

    4.19 miles

  • South Parking Deck

    4.30 miles

  • West Parking Deck (Employee only)

    4.35 miles

  • Employee and Student Parking (south)

    4.36 miles

  • (Employee only)

    4.37 miles

  • Parking Garage

    4.48 miles

  • Holiday Inn Express and Suites

    0.37 miles

  • Tru by Hilton Troy Detroit

    0.47 miles

  • TownePlace Suites Detroit Troy

    0.49 miles

  • Courtyard by Marriott

    0.49 miles

  • Fairfield Inn & Suites Detroit Troy

    0.53 miles

  • Baymont by Wyndham Madison Heights Detroit Area

    0.71 miles

  • Days Inn & Suites by Wyndham Madison Heights MI

    0.75 miles

  • Rodeway Inn

    0.76 miles

  • Extended Stay America - Detroit - Madison Heights

    0.76 miles

  • Residence Inn by Marriott Detroit Troy/Madison Heights

    0.81 miles

  • Mon Jin Lau

    0.49 miles

  • New York Red Hots Coney Island

    0.65 miles

  • Twin Peaks

    0.66 miles

  • Applebee's

    0.66 miles

  • Chili's

    0.67 miles

  • McDonald's

    0.68 miles

  • Steak 'n Shake

    0.73 miles

  • Krispy Kreme

    0.73 miles

  • Bob Evans

    0.76 miles

  • Outback Steakhouse

    0.76 miles

  • Troy Career Center

    0.25 miles

  • Guardian Angels School

    1.23 miles

  • Lamphere High School

    1.27 miles

  • Morse Elementary School

    1.29 miles

  • Troy Continuing Education

    1.37 miles

  • Troy College and Career High School

    1.38 miles

  • Susick Elementary School

    1.58 miles

  • Clawson Middle School

    1.60 miles

  • Clawson High School

    1.60 miles

  • Plain English CRM Solutions

    1.66 miles

  • Gateway Country Day & Child Care Center

    1.30 miles

  • Boys & Girls Club of Troy

    2.18 miles

  • Green Garden Child Development Center

    4.52 miles

  • The Learning Center

    4.86 miles

  • The Learning Experience - Troy

    4.86 miles

  • Small Wonders

    5.15 miles

  • Harmony Montessori Center

    5.19 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.35 miles

  • Early Childhood Center

    5.61 miles

  • Nature's Playhouse

    6.37 miles

Frequently Asked Questions

What is the total square footage of Robbins Executive Park West - 850 Stephenson Hwy?

Robbins Executive Park West - 850 Stephenson Hwy totals 142,100 square feet.

When was this property built?

Robbins Executive Park West - 850 Stephenson Hwy was built in 1980.

When was Robbins Executive Park West - 850 Stephenson Hwy last sold?

Robbins Executive Park West - 850 Stephenson Hwy was last sold on 04 Jan, 2000.

What is the market value for Robbins Executive Park West - 850 Stephenson Hwy?

The market value* for Robbins Executive Park West - 850 Stephenson Hwy in 2023 was $10,425,720.
*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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