500 Stephenson HwyTroy, MI 48083

For Lease
$16.25/SF/YR View listing
  • Commercial real estate
  • 70,000 SF

Property Details for 500 Stephenson Hwy

Year built
1973
Lot size
4.57 AC
Property size (Sq ft)
70,000 SF
Zone code
M-1
Property type
Commercial real estate
APN
88-20-35-327-013
APU
882035327013

Description

This exceptional Class B medical office building, located at 500 Stephenson Highway in Troy, Michigan (zip code 48083), offers a total of 39,699 square feet of leasable space. Currently, the entire building is vacant and available for lease, presenting a unique opportunity for a single tenant or multiple tenants. The building is ideally suited for medical practices or other professional businesses, given its "Medical Office, Professional" subtype designation. Flexible space options are available, with a minimum divisible space of 4,323 square feet and a maximum contiguous space of 17,986 square feet. This allows for adaptability to various business needs and expansion plans. The building features ample parking, with a ratio of 4.71 parking spaces per 1,000 square feet of building area. Elevators are available for convenient access to all floors. The property is situated in Oakland County, Michigan, providing easy access to major transportation routes and a thriving business community. This is a prime opportunity to establish or expand your business in a well-located and functional medical office building. The building's size and layout offer significant potential for a variety of medical or professional uses. Contact us today to learn more about leasing opportunities.

500 Stephenson Hwy, Troy, Michigan

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.5379
Longitude
-83.1181
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$55,174
-
-
$1,921,690
-
-
-
$3,843,380

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