Downtown Troy Retail

Downtown Troy

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,180
As of: August 17, 2017

Downtown Troy Rates

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

Downtown Troy Listing Supply

In the last 90 days, 83 listings have come on the market, so you'll want to check back regularly for new listings. About 66% of the office spaces in the Downtown Troy are subleases, so you might be able to find a shorter term or below market rent. 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 3,060 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1985 and are Class B.

Downtown Troy Community

Arts, entertainment, and restaurants are the dominant industries in this market. 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 Report

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

Market Data

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