FOR SUBLEASE | 1,972 SF Office Space - office in Troy, MI
Office

FOR SUBLEASE | 1,972 SF Office Space

850 Stephenson Hwy, Suite 201, Troy, MI 48083, USA, Troy, MI 48083

Price

Price on request

Description

Office | For Sublease: 1,972 SF 1,972 SF Space AvailableLease Expiration: October 31, 2026Full-Service Deli and Tenant LoungeCommon Conference Room Available for Private UseEasy Access to I-75 via 14 Mile or Rochester RoadAbundant, Key Facts For Sublease $15.95 / RSF USD 1,972 SF Space Available Lease Expiration: October 31, 2026 Full-Service Deli and Tenant Lounge Common Conference Room Available for Private Use Easy Access to I-75 via 14 Mile or Rochester Road Abundant, Close and Convenient Parking Close Proximity to Numerous Restaurants, Shopping and Hotels 1,972 SF Space Available Lease Expiration: October 31, 2026 Full-Service Deli and Tenant Lounge Common Conference Room Available for Private Use Easy Access to I-75 via 14 Mile or Rochester Road Abundant, Close and Convenient Parking Close Proximity to Numerous Restaurants, Shopping and Hotels Bryan Barnas Vice President Detroit License #: 6505287317 +1 248 226 1638 Call Now +1 248 226 1638 +1 810 623 8013 Call Mobile +1 810 623 8013 License #: 6505287317

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

850 Stephenson Hwy, Suite 201, Troy, MI 48083, USA, Troy, MI 48083

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Detroit office market showed average asking rents near $7.35/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$23.65/SF/yr
Estimated sale value
$138–$179/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2025 CBRE U S Cap Rate Sur data (cap rate 7.9%, asking rent held flat).

View the full Detroit Office market report →

Compare it against other office listings for lease in Troy, MI to benchmark pricing and space — view the full market.

Unified Estimate

Medium Confidence
$0.52/SF/mo-$0.70/SF/mo
Mid: $0.61/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
Q4 '25Q1 '26$0$2$4$6$8
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.0%
Avg Weekly Wage:$1,434

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population50,792
Median Income$63k↓ 15%
College Educated16.9%↓ 16.5pp
Median Age42.7 yrs
Median Home Value$187k
Unemployment4.4%↑ 0.8pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in Troy, MI

More Office for Lease in Troy, MI(4)

Contact Broker

Gary Grochowski

Bryan Barnas

Listed by

Colliers Import