Troy Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Troy Rates

The typical asking rate per listing is in the $20's per square foot per year. The Troy region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Metro Detroit market, the Troy region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Troy Listing Supply

In the last 90 days, 71 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Troy are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,130 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1983 and are Class B.

Troy Community

Market Report

Trends and status of the commercial real estate market in Troy.
Market Report

Market Data

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