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Downtown Troy Retail Space For Lease

Downtown Troy

Market Report

Number of Listings For Lease
Posted in the last 180 days
77
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

Most commerial real estate listings for lease are in the $20's per square foot per year. The Downtown Troy submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease went up $2 per sqft per year. That's a 9% increase in rent.

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

Downtown Troy Listing Supply

In the last 180 days, 876 commercial real estate listings have been posted online, 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 need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, 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 buildings in this market are around 2 stories. Most buildings in this region were built close to 1985 and are Class B.

Downtown Troy Community

Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk 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.
Research