Troy Office Space

Troy

Office Space Market Report

Number of Listings (last 90 days)
196
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,030
As of: June 27, 2017

Troy Rates

On average, listings lease in the $20's per square foot per year. The Troy submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

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

Troy Listing Supply

In the last 90 days, 196 listings have been posted online, so you'll want to check back regularly for new listings. About 62% of the available leases in the Troy are subleases, so you might be able to snag a great spot on a short term. 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 2,930 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market 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.
Research