Troy, MI Commercial Real Estate for Lease and Sale

Explore 171 listings of Troy commercial real estate to find the best space for your business.

6475 Rochester Rd

6475 Rochester Rd, Troy, MI
Property

Office

11,606 SF
Availability

1 Space

11,606 SF
Year Built

2008
For Lease Contact for pricing
View Details (opens in new window)
Long Lake Rd & Crooks Rd

Long Lake Rd & Crooks Rd, Troy, MI
Property

Office

1,045,440 SF
For Sale Contact for pricing
View Details (opens in new window)
FOR LEASE | Up to 26,000 SF Available

901 Tower Dr, Troy, MI
Property

Office
Availability

1 Space

25,374 SF
Year Built

1989
For Lease Contact for pricing
View Details (opens in new window)
1893 Northwood Dr

1893 Northwood Dr, Troy, MI
Property

Industrial

18,750 SF
Year Built

1977
For Sale

Call For Info
View Details (opens in new window)
Commercial Land, Outlot A

2745 Maple Lane Drive, Troy, MI
Property

VacantLand

0.94 Acre
For Sale

$1,400,000
View Details (opens in new window)
2139 Heide Dr

2139 Heide Dr, Troy, MI
Property

Industrial

10,600 SF
Availability

1 Space

10,400 SF
For Lease

$6.50/SF/YR
View Details (opens in new window)
For Sublease > 12,000 RSF Industrial Space

1301 Rankin St, Troy, MI
Property

Industrial
Availability

1 Space

12,000 SF
For Lease Contact for pricing
View Details (opens in new window)
New Development Coming Soon

3153 Rochester Road, Troy, MI
Property

Retail

10,825 SF
Availability

1 Space

10,825 SF
For Lease Contact for pricing
View Details (opens in new window)
FOR LEASE > 1151 Allen Drive

1151 Allen Dr, Troy, MI
Property

Industrial
Availability

1 Space

41,200 SF
For Lease Contact for pricing
View Details (opens in new window)
1950 Crooks Rd

1950 Crooks Rd, Troy, MI
Property

Office

16,303 SF
Availability

1 Space

5,404 SF
Year Built

1992
For Lease

$5,404.00/SF/MO
View Details (opens in new window)
City Center Portfolio

888 W Big Beaver Rd, Troy, MI
Property

Office

520,000 SF
For Sale Contact for pricing
View Details (opens in new window)
2040 Crooks

2040 Crooks, Troy, MI
Property

Industrial

39,071 SF
Availability

1 Space

20,069 SF
Year Built

1989
For Lease

$9.00/SF/YR
View Details (opens in new window)
966 Livernois Rd

966 Livernois, Troy, MI
Property

Office

11,270 SF
Year Built

2012
For Sale

$1,795,000
View Details (opens in new window)
5047-5137 Rochester Rd

5047-5137 Rochester Rd, Troy, MI
Property

Retail

2,200 SF
Availability

1 Space

2,200 SF
For Lease Contact for pricing
View Details (opens in new window)
150 E Maple Rd

150 E Maple Rd, Troy, MI
Property

Retail

4,388 SF
Year Built

1988
For Sale Contact for pricing
View Details (opens in new window)

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 9,364,125 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 1,275 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 1,717,722 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 972,700 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 3,138,047 square feet of available listings. Industrial space available in Troy adds up to 487,096 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 $18.57 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 $8.68 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 130,058 square feet.
Retail properties here incorporate an average of 59,232 square feet.
Industrial space in Troy is in buildings that are, on average 38,908 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 4,032,759 square feet. The market offers 85 active office listing(s), which amount to 3,353,375 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 144,786 square feet across 27 retail space(s). Industrial space for rent opportunities in Troy amount to 440,098 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	85	3,353,375
Retail	27	144,786
Industrial	21	440,098
Other	4	94,500

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 2,236,528 square feet of commercial property for sale here , which includes 11 office building(s) for sale , 4 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	1,273,016
Retail	4	25,092
Industrial	9	402,649
Other	5	535,771

Troy, MI Commercial Real Estate for Lease and Sale

6475 Rochester Rd

Long Lake Rd & Crooks Rd

FOR LEASE | Up to 26,000 SF Available

1893 Northwood Dr

Commercial Land, Outlot A

2139 Heide Dr

For Sublease > 12,000 RSF Industrial Space

New Development Coming Soon

FOR LEASE > 1151 Allen Drive

1950 Crooks Rd

City Center Portfolio

2040 Crooks

966 Livernois Rd

5047-5137 Rochester Rd

150 E Maple Rd

Frequently Asked Questions

Troy, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Troy, MI Commercial Real Estate for Lease and Sale

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us