Troy Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Troy Rates

On average, listings lease in the $20's per square foot per year. The Troy region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Metro Detroit market, the Troy submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Troy Listing Supply

In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Troy are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,670 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings 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.