950 Stephenson Hwy, Troy, MI 48083
69,318 SF | Office Building | Troy, MI 48083 | $4,500,000 ($65/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,500,000
- Property Type
-
Office
- Square Feet
- 69,318 SF
- Price / Square Foot
- $65
Listing Contacts
Mike Gunn
Verified Profile
Matt Schiffman
Verified Profile
- Property Info
Property Overview
In the heart of Troy, Michigan, an opportunity awaits those with a keen eye for potential and a vision for value. Nestled along the bustling corridor of I-75, this three-story office building stands as a testament to modern elegance and functional design. Spanning 69,318 square feet, this structure embodies the ideal blend of accessibility and professionalism, making it a prime opportunity for a value-add investment.
The building receives over 100,000 views from I-75 per day, ensuring the building is not only highly accessible but easily recognizable. The building’s interior features an attractive lobby, shared conference room, and an auditorium on the first floor. Each floor is serviced by two elevators.
This property is a standout in the Troy market, offering a solid foundation for further investment and development. With its recent upgrades, strategic location, and professional upkeep, it presents a valuable opportunity for those looking to capitalize on a well-positioned, high-quality office building with significant potential for continued growth and enhancement.
The building receives over 100,000 views from I-75 per day, ensuring the building is not only highly accessible but easily recognizable. The building’s interior features an attractive lobby, shared conference room, and an auditorium on the first floor. Each floor is serviced by two elevators.
This property is a standout in the Troy market, offering a solid foundation for further investment and development. With its recent upgrades, strategic location, and professional upkeep, it presents a valuable opportunity for those looking to capitalize on a well-positioned, high-quality office building with significant potential for continued growth and enhancement.
Property Details
- Class
- B
- Year Built
- 1982
- Stories
- 3
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 186,872 SF
Highlights
- High-image multi-tenant office building with I-75 visibility
- Great opportunity for corporate branding
- Well-maintained landscaping and common areas
- Located in the thriving Troy community with excellent demographics
- Surrounded by popular restaurants, shopping, hotels, and services
- Solid foundation for growth w/ 4 reliable tenants with leases in place through '26/27
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