Downtown Troy Retail Space For Lease

Downtown Troy

Market Report

Number of Listings For Lease
Posted in the last 90 days
71
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
810

Downtown Troy Commercial Real Estate

Find Downtown Troy commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Downtown Troy commercial real estate broker in Downtown Troy's Top Broker Directory. Learn about Downtown Troy commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Troy Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Downtown Troy region is going through a decrease in rates. In the last 3 months, the median rate for lease fell $1 per sqft per year.

Compared to the rest of the Metro Detroit commercial real estate market, the Downtown Troy region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Downtown Troy Listing Supply

In the last 90 days, 876 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Downtown Troy are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 810 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built around 1985 and are Class B.

Downtown Troy Community

Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Downtown Troy work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Troy.
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