Troy Concept Center - 250 Stephenson Hwy

Off-Market

250 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 105,000 SF
  • Lot Size 5.47 Acre
  • Parking Spaces Avail. 315
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2002

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 21 Apr, 2008
  • 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.

  • 2021 Avg. Asking Rent $21.25
  • 2021 Office Vacancy Rate 27.76%
  • 2021 Office Completions (SF)
View more Troy market trends

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48083
  • Market Detroit

Points of Interest

  • Royal Oak

    3.57 miles

  • Troy

    3.76 miles

  • CDM Transport LLC

    8.99 miles

  • Mobil

    0.22 miles

  • Amoco

    0.54 miles

  • Mobil

    0.57 miles

  • Sunoco

    0.91 miles

  • Citgo

    0.92 miles

  • Sunoco

    0.94 miles

  • Shell

    0.95 miles

  • BP

    1.02 miles

  • Marathon

    1.08 miles

  • Marathon

    1.10 miles

  • Main North Garage

    3.37 miles

  • Lafayette Avenue Parking Structure

    3.66 miles

  • Somerset Parking Lot

    3.90 miles

  • North Parking Deck

    3.97 miles

  • Valet

    4.04 miles

  • South Parking Deck

    4.13 miles

  • Employee and Student Parking (south)

    4.18 miles

  • West Parking Deck (Employee only)

    4.20 miles

  • (Employee only)

    4.21 miles

  • Parking Garage

    4.22 miles

  • Holiday Inn Express and Suites

    0.13 miles

  • TownePlace Suites Detroit Troy

    0.17 miles

  • Fairfield Inn & Suites Detroit Troy

    0.18 miles

  • Baymont by Wyndham Madison Heights Detroit Area

    0.25 miles

  • Extended Stay America - Detroit - Madison Heights

    0.29 miles

  • Rodeway Inn

    0.32 miles

  • Residence Inn by Marriott Detroit Troy/Madison Heights

    0.33 miles

  • Days Inn & Suites by Wyndham Madison Heights MI

    0.35 miles

  • Hampton Inn Detroit/Madison Heights/South Troy

    0.41 miles

  • Tru by Hilton Troy Detroit

    0.94 miles

  • Twin Peaks

    0.20 miles

  • New York Red Hots Coney Island

    0.24 miles

  • McDonald's

    0.25 miles

  • Applebee's

    0.26 miles

  • Steak 'n Shake

    0.33 miles

  • Chili's

    0.34 miles

  • Bob Evans

    0.34 miles

  • Grand Azteca

    0.43 miles

  • Krispy Kreme

    0.45 miles

  • Outback Steakhouse

    0.45 miles

  • Troy Career Center

    0.27 miles

  • Lamphere High School

    0.81 miles

  • Guardian Angels School

    1.12 miles

  • Plain English CRM Solutions

    1.19 miles

  • Hiller Elementary School

    1.54 miles

  • Lessenger Elementary School

    1.55 miles

  • Clawson High School

    1.56 miles

  • Clawson Middle School

    1.57 miles

  • Oakridge School

    1.58 miles

  • Morse Elementary School

    1.68 miles

  • Gateway Country Day & Child Care Center

    1.17 miles

  • Boys & Girls Club of Troy

    2.64 miles

  • Green Garden Child Development Center

    4.16 miles

  • Harmony Montessori Center

    4.86 miles

  • Small Wonders

    4.95 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.00 miles

  • Early Childhood Center

    5.20 miles

  • The Learning Center

    5.27 miles

  • The Learning Experience - Troy

    5.28 miles

  • Nature's Playhouse

    5.92 miles

Frequently Asked Questions

What is the total square footage of Troy Concept Center - 250 Stephenson Hwy?

Troy Concept Center - 250 Stephenson Hwy totals 105,000 square feet.

When was this property built?

Troy Concept Center - 250 Stephenson Hwy was built in 2002.

When was Troy Concept Center - 250 Stephenson Hwy last sold?

Troy Concept Center - 250 Stephenson Hwy was last sold on 21 Apr, 2008.

What is the market value for Troy Concept Center - 250 Stephenson Hwy?

The market value* for Troy Concept Center - 250 Stephenson Hwy in 2022 was $10,150,240.
*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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