Troy, MI Commercial Real Estate for Lease and Sale

Explore 168 listings of Troy commercial real estate to find the best space for your business.

2370 Meijer Dr

2370 Meijer Dr, Troy, MI
Property

Office

23,125 SF
Availability

1 Space

23,125 SF
For Lease

$11.00/SF/YR
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1775 Bellingham Road & 1785 Maple Road

1775 Bellingham Road, Troy, MI
Property

Industrial

38,811 SF
For Sale

$5,544,000
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For Lease | Up 12,000 to 28,000 SF Available

1301-1307 Rankin St, Troy, MI
Property

Industrial
Availability

1 Space

28,000 SF
For Lease Contact for pricing
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FOR LEASE > 1151 Allen Drive

1151 Allen Dr, Troy, MI
Property

Industrial
Availability

1 Space

41,200 SF
For Lease Contact for pricing
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2810-2840 Rochester Road & 2850 Rochester Road

2810-2840 Rochester Road & 2850 Rochester Road, Troy, MI
Property

Retail

20,000 SF
For Sale

$1,900,000
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Troy Marketplace

686-880 East Big Beaver Road, Troy, MI
Property

Retail

249,446 SF
Availability

3 Spaces

6,126 SF
For Lease Contact for pricing
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Kilmer Plaza

435 E. Big Beaver Road, Troy, MI
Property

Retail

18,499 SF
Availability

2 Spaces

3,642 SF
For Lease Contact for pricing
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For Lease | Warehouse/Manufacturing

1300 - 1400 Rankin Drive, Troy, MI
Property

Industrial
Availability

1 Space

5,600 SF
For Lease Contact for pricing
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1000 Troy Ct

1000 Troy Ct Troy, Troy, MI
Property

Industrial

16,870 SF
Availability

1 Space

16,870 SF
Year Built

1972
For Lease

$8.50/SF/YR
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For Sale | 40,350 SF Unique Office

400 W Maple Rd, Troy, MI
Property

Office

40,350 SF
Year Built

1960
For Sale Contact for pricing
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1893 Northwood Dr

1893 Northwood Dr, Troy, MI
Property

Industrial

18,750 SF
Year Built

1977
For Sale

Call For Info
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2083-2089 Heide Dr

2083-2089 Heide Dr, Troy, MI
Property

Industrial

17,600 SF
Availability

1 Space

8,400 SF
For Lease

$6.95/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 8,284,697 square feet of office space across 93 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. In Troy, the coworking segment of the commercial real estate market incorporates about 1,176 square feet.
- 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 1,669,924 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 472,554 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 3,035,048 square feet of available listings. Industrial space available in Troy adds up to 272,646 square feet.

Meanwhile, most of the listings of commercial property for sale in Troy are in the Industrial 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 $18.33 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 $21.53 per square foot, industrial space in Troy saw average rents of $8.47 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 $24.5 per square foot. In particular, the property type commanding the highest lease rates in Troy was Retail space.
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 115,066 square feet.
- Retail properties here incorporate an average of 57,584 square feet.
- Industrial space in Troy is in buildings that are, on average 23,628 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 3,901,549 square feet. The market offers 90 active office listing(s), which amount to 3,314,611 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 124,908 square feet across 27 retail space(s). Industrial space for rent opportunities in Troy amount to 384,929 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	90	3,314,611
Retail	27	124,908
Industrial	23	384,929
Other	4	77,101

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 838,976 square feet of commercial property for sale here , which includes 7 office building(s) for sale , 7 retail investment opportunity listing(s) , and 10 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	7	184,079
Retail	7	66,612
Industrial	10	283,106
Other	11	305,179

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Troy, MI Commercial Real Estate for Lease and Sale

2370 Meijer Dr

1775 Bellingham Road & 1785 Maple Road

For Lease | Up 12,000 to 28,000 SF Available

FOR LEASE > 1151 Allen Drive

2810-2840 Rochester Road & 2850 Rochester Road

Troy Marketplace

Kilmer Plaza

For Lease | Warehouse/Manufacturing

1000 Troy Ct

For Sale | 40,350 SF Unique Office

1893 Northwood Dr

2083-2089 Heide Dr

Frequently Asked Questions

Troy, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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