Troy, MI Commercial Real Estate for Lease - 137 Listings

2328-2332 Livernois Road

2328-2332 Livernois Road, Troy, MI
Property

Office

11,087 SF
Availability

1 Space

377 SF
Year Built

1982
For Lease

$800.00/MO
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Wilshire Plaza

901 Wilshire Drive, Troy, MI
Property

Office

186,954 SF
Availability

15 Spaces

111,960 SF
Year Built

1985
For Lease

$18.50/SF/YR
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Timberland Office Park III

5445 Corporate Drive, Troy, MI
Property

Office

132,145 SF
Availability

6 Spaces

22,605 SF
Year Built

1988
For Lease

$21.00/SF/YR
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Venture Plaza

3150 Livernois Road, Troy, MI
Property

Office

62,574 SF
Availability

10 Spaces

34,010 SF
Year Built

1986
For Lease

$19.95 - $22.72/SF/YR
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Columbia Center I

201 West Big Beaver Road, Troy, MI
Property

Office

254,978 SF
Availability

3 Spaces

20,229 SF
Year Built

1989
For Lease Contact for pricing
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MS Plaza

631-637 E Big Beaver, Troy, MI
Property

Office

52,117 SF
Availability

3 Spaces

5,718 SF
For Lease

$14.50/SF/YR
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I-75 Tech Park

1389 Wheaton Drive, Troy, MI
Property

Industrial

104,904 SF
Availability

4 Spaces

18,171 SF
Year Built

1987
For Lease

$11.50/SF/YR
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1950 Crooks

1950 Crooks, Troy, MI
Property

Office

16,303 SF
Availability

1 Space

5,404 SF
Year Built

1992
For Lease

$5,404.00/MO
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Wilshire Plaza West & North

1050 Wilshire Drive, Troy, MI
Property

Office

349,625 SF
Availability

2 Spaces

79,509 SF
Year Built

1985
For Lease

$18.95/SF/YR
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Somerset Kirts Medical Building

255 Kirts Blvd, Troy, MI
Property

Office

25,000 SF
Availability

1 Space

15,000 SF
Year Built

1984
For Lease

$20.00/SF/YR
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For Sale or Lease > Maple Office Park

1350 John R Rd, Troy, MI
Property

Office
Availability

1 Space

75,400 SF
Year Built

1987
For Lease Contact for pricing
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Northfield Office Park - Northfield Plaza I

5600 Crooks Road, Troy, MI
Property

Office

115,314 SF
Availability

1 Space

35,675 SF
Year Built

1970
For Lease

$15.95/SF/YR
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780 W. Maple Road

780 W. Maple Road, Troy, MI
Property

Industrial

18,693 SF
Availability

2 Spaces

5,509 SF
For Lease

$15.00 - $17.50/SF/YR
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Troy Technology Park - Bldg A

1960 Technology Drive , Troy, MI
Property

Office

83,822 SF
Availability

5 Spaces

67,001 SF
Year Built

1985
For Lease

$16.95/SF/YR
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Kirts Office Park West

1172 Kirts Blvd, Troy, MI
Property

Office

124,625 SF
Availability

3 Spaces

12,039 SF
Year Built

1987
For Lease

$14.75/SF/YR
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For Lease > Troy Corporate Center II Up To 100,000 SF Available

880 W. Long Lake Road, Troy, MI
Property

Office
Availability

1 Space

67,176 SF
Year Built

1999
For Lease Contact for pricing
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Cadillac Presentation Solutions

1195 Equity Drive, Troy, MI
Property

Industrial

41,142 SF
Availability

1 Space

41,142 SF
Year Built

1993
For Lease

$8.95/SF/YR
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New King Center

5600 New King Drive, Troy, MI
Property

Office

73,000 SF
Availability

10 Spaces

44,721 SF
Year Built

1986
For Lease

$17.50/SF/YR
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Coventry Place

1621-1663 W. Big Beaver Road, Troy, MI
Property

Office

36,500 SF
Availability

3 Spaces

3,204 SF
Year Built

1982
For Lease

$19.50 - $21.71/SF/YR
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Sunset Plaza Shopping Center

89 East Long Lake Road, Troy, MI
Property

Retail

100,326 SF
Availability

1 Space

6,541 SF
For Lease

$22.00/SF/YR
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3871 - 3883 Rochester Rd

3871 - 3883 Rochester Rd , Troy, MI
Property

Retail

10,740 SF
Availability

1 Space

1,610 SF
Year Built

1987
For Lease

$18.00/SF/YR
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Northfield Office Park - Northfield Plaza II

5700 Crooks Road, Troy, MI
Property

Office

117,678 SF
Availability

1 Space

9,388 SF
Year Built

1969
For Lease

$15.95/SF/YR
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1940 Barrett Dr

1940 Barrett Dr, Troy, MI
Property

Industrial

10,097 SF
Availability

1 Space

10,097 SF
Year Built

1981
For Lease

$9.50/SF/YR
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Troy Place

3001 Big Beaver Rd W, Troy, MI
Property

Office

234,524 SF
Availability

1 Space

9,119 SF
Year Built

1975
For Lease

$15.00/SF/YR
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1650 W Big Beaver Road

1650 Big Beaver Rd W, Troy, MI
Property

Office

60,010 SF
Availability

2 Spaces

45,000 SF
Year Built

1971
For Lease

$16.00 - $19.50/SF/YR
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Kirts on the Boulevard

50, 100, 150 and 200 Kirts Blvd, Troy, MI
Property

Office

150,000 SF
Availability

5 Spaces

25,838 SF
Year Built

1989
For Lease

$13.50 - $13.95/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Troy commercial real estate market incorporates 8,939,647 square feet of office space across 91 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Troy commercial real estate market includes 1,603,868 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Troy market, there is a total of 1,113,664 square feet of industrial property.

The listing inventory in Troy incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Troy is represented by Office space, which accounts for 2,887,218 square feet of available listings. Industrial space available in Troy adds up to 446,201 square feet.

Meanwhile, most of the listings of commercial property for sale in Troy are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Troy is $17.52 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Troy can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.87 per square foot, industrial space in Troy saw average rents of $11.71 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Troy, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22 per square foot. In particular, the property type commanding the highest lease rates in Troy was Retail space.

Conversely, the highest sale price last year was $3,750,000 that is located at 625 East Big Beaver Road.

The average size of a commercial property in Troy depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Troy, the average size of an office property is 120,807 square feet.
Retail properties here incorporate an average of 66,828 square feet.
Industrial space in Troy is in buildings that are, on average 46,403 square feet in size.

Troy, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Troy currently add up to 3,548,107 square feet. The market offers 82 active office listing(s), which amount to 2,887,218 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 148,066 square feet across 24 retail space(s). Industrial space for rent opportunities in Troy amount to 446,201 square feet across a total of 22 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	82	2,887,218
Retail	24	148,066
Industrial	22	446,201
Other	3	66,622

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Troy, MI. Currently, there is 1,558,779 square feet of commercial property for sale here , which includes 11 office building(s) for sale , 1 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	11	552,922
Retail	1	8,400
Industrial	9	317,298
Other	8	680,159

Troy, MI Commercial Real Estate for Lease - 137 Listings

2328-2332 Livernois Road

Wilshire Plaza

Timberland Office Park III

Venture Plaza

Columbia Center I

MS Plaza

I-75 Tech Park

1950 Crooks

Wilshire Plaza West & North

Somerset Kirts Medical Building

For Sale or Lease > Maple Office Park

Northfield Office Park - Northfield Plaza I

780 W. Maple Road

Troy Technology Park - Bldg A

Kirts Office Park West

For Lease > Troy Corporate Center II Up To 100,000 SF Available

Cadillac Presentation Solutions

New King Center

Coventry Place

Sunset Plaza Shopping Center

3871 - 3883 Rochester Rd

Northfield Office Park - Northfield Plaza II

1940 Barrett Dr

Troy Place

1650 W Big Beaver Road

Kirts on the Boulevard

Frequently Asked Questions

Troy, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Troy, MI Commercial Real Estate for Lease - 137 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Troy, MI?

What factors affect the price of commercial real estate in Troy, MI?

What is the average rent for commercial space in Troy, MI?

What are the best areas for commercial real estate in Troy, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Troy, MI?

Troy, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Retail Searches

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About us