Industrial Property for Sale in Troy, MI
- Price: $1.6M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Troy, MI 48083
- Size: 13,396 SF
Description
Great Troy manufacturing or warehousing building, 2) exterior truckwells, 2) 12' x 14' grade level doors, heavy power, 60 car parking, high bay office can be removed to create additional warehouse. Immediate Occupancy.
Market Context
This industrial in Troy, MI is listed for sale at $1,607,520 across 13,396 SF. It has been on the market for 5 days. Compare it against other industrial listings for sale in Troy, MI — <a href="/search/sale/industrial/michigan/troy">view the full market</a>.
As of Q1 2026, the Detroit industrial market showed average asking rents near $5.79/SF/yr, rents up 4.6% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in Detroit?
- About 6.5% as of Q1 2026, per Consensus.
Contact
- Geoff Hill · 1248350-1492 · geoff.hill@nmrk.com
- Geoff Hill · 1248350-1492 · geoff.hill@nmrk.com
- Chris Hill · 1248350-1192 · chris.hill@nmrk.com
- Teddy Okeefe · 1248447-2715 · teddy.okeefe@nmrk.com
Explore this market
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